ToddL99
Expert Alumni

Get your taxes done using TurboTax

Yes, it is perfectly OK to hold stocks in the US, and you do not ever need to transfer them out. If you are not a U.S. citizen or permanent resident, you are only subject to your home country's tax on investment income.

 

W8-BEN is not required for investment holdings (e.g. stocks, mutual funds), but is required for:

  • Interest (including certain original issue discount (OID));

  • Dividends;

  • Rents;

  • Royalties;

  • Premiums;

  • Annuities;

  • Compensation for, or in expectation of, services performed;

  • Substitute payments in a securities lending transaction; or

  • Other fixed or determinable annual or periodical gains, profits, or income.