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Old Nov 2, 2015 | 12:51 am
  #378  
konaflyer
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Join Date: Jun 2001
Location: Kailua Kona, HI , USA
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Originally Posted by IMH
Where are you based and which language(s) are you comfortable doing business in?

I've got an online brokerage account with DKB in Germany and can buy/sell Accor shares on seven or eight different exchanges.

In the UK I used to have a Halifax Share Dealing account and could access stock exchanges in New York and Europe (Paris, Frankfurt, Amsterdam, Milan, Brussels).

I'm sure there are many other options.

Prices can vary by 5% or more between exchanges and it's worth doing comparisons. Limit orders are essential protection against unfavourable prices in thin markets. Trading fees also vary widely: the last time we bought French shares it made sense to pay 50 EUR higher commission in order to buy in Paris and save 500 EUR on the share price.

You should also research and consider tax implications and requirements to report dividend income and/or brokerage accounts. I'm taxed in the US and the paperwork involved in owning "foreign" shares would not IMO be justified purely in order to own 50 Accor shares.

Mods: maybe this topic is worth splitting off into a separate thread in order to keep the FAQs concise?
I know that you wrote about this a few years ago. Do you know if one can just buy one share and get it registered as one poster said or if the minimum is 50 shares? I live in Hawaii and wonder how I can buy some Accor shares (I need to conduct the business in English.) Also, I wonder what the tax paperwork is for owning foreign stock since it sounds so onerous? I hope you still subscribe to this thread!
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