Resident aliens of the USA are taxed exactly like US citizens. They get a break on the first $675K.NON-resident aliens of the USA with US brokerage accounts only get a $60K exemption. That is why it is important for non-resident aliens to invest via an IBC.If a non-resident alien does not use an IBC, he or she should at least open a joint account with a spouse or a trusted person so if the account-holder dies, the joint account-holder can transfer the stocks to an off-shore or foreign broker.
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