Actually, Interactive Brokers has a pitfall that I've never seen anyone mention:
Non-resident aliens (NRA) holding US stock assets have an estate tax exemption of only $60,000.
Funds exceeding this range are subject to a maximum tax of 40%.
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Actually, Interactive Brokers has a pitfall that I've never seen anyone mention:
Non-resident aliens (NRA) holding US stock assets have an estate tax exemption of only $60,000.
Funds exceeding this range are subject to a maximum tax of 40%.