Has anyone had experience changing their country of residence with IBKR

[Mike Williams]

Hello

Has anyone been a resident of a G7 country with an IBKR account then established residency in a non G20 country such as Panama or Paraguay for example

What was the experience like to change your residency with IBKR ?

I assume they want to see residency card, tax id and likely some proof of address?

Will they allow you to continue funding from the original G7 country bank account ?

Anyone have experience with this situation

thank you

 

[apres777]

Hello

Has anyone been a resident of a G7 country with an IBKR account then established residency in a non G20 country such as Panama or Paraguay for example

What was the experience like to change your residency with IBKR ?

I assume they want to see residency card, tax id and likely some proof of address?

Will they allow you to continue funding from the original G7 country bank account ?

Anyone have experience with this situation

thank you

I can't comment on the first part of your question unfortunately but the second part should not be an issue.

I have multiple accounts from different jurisdictions connected and it has not been an issue so far. (E.G 1 UAE ACCOUNT, 1 LU ACC)

It doesn't matter either which way you send your funds e.g deposit AED withdrawals on SEPA Account. (As long both of your accounts run in your name never had any issue so far).

 

[daniels27]

Hello

Has anyone been a resident of a G7 country with an IBKR account then established residency in a non G20 country such as Panama or Paraguay for example

It is no problem. I know many that moved from somewhere to Switzerland.

What was the experience like to change your residency with IBKR ?

I assume they want to see residency card, tax id and likely some proof of address?

It depends on the country. They need about the same as if you register a new account.

Will they allow you to continue funding from the original G7 country bank account ?

You can always fund with any bank account you have. Even if you opened it from anywhere and never lived in G1, 2, 3. The Gs don't make any difference.

 

[Mike Williams]

It is no problem. I know many that moved from somewhere to Switzerland.


It depends on the country. They need about the same as if you register a new account.


You can always fund with any bank account you have. Even if you opened it from anywhere and never lived in G1, 2, 3. The Gs don't make any difference.

ok thanks. I was concerned that they would insist on me having a bank account in the new country to be able to do transfers. I want to continue to use the account that is currently connected to my IBKR account.

 

[daniels27]

ok thanks. I was concerned that they would insist on me having a bank account in the new country to be able to do transfers. I want to continue to use the account that is currently connected to my IBKR account.

No worries, you can use any account anywhere on the planet with them. Even is you live in G200.