So Schwab is pulling out of France. They are asking French residents to close their accts by Dec 31.
US brokerage companies willing to take US expats (with NO US address) are like hen's teeth.
So if you're :
- an American citizen AND
- Living in France (French tax resident) AND
- Have no US...
Has anyone encountered this?
Wells Fargo has written to me giving me 30 days to close my account with them (which I have held for 10 years), because they are not allowed to offer financial services in the UAE.
They will freeze my account if I do not move the funds by March 15th.
I am shocked...