Investing in the financial markets when you live abroad can be a bit complicated due to things like currency conversions, tax laws and just fewer options for things like brokerage accounts. But, it’s not impossible and with a bit of reading and research, almost anyone can do it. Here’s where to start:
Expat Investing Resources
1. Andrew Hallam’s- The Global Expatriate’s Guide to Investing: From Millionaire Teacher to Millionaire Expat. One of the best (and only) books out there for expat investors. He focuses much of the book on international school teachers, but his advice is solid for any expat. Also be sure to check out his website, Andrew Hallam.
2. Jackie Bolen’s- The Wealthy English Teacher: Teach, Travel, and Secure Your Financial Future. This is a book of mine which just came out in the past month. The main difference between it and Hallam’s book are that it is more focused on the total beginner, and that it is more specific to ESL teachers (and it’s a lot cheaper too!). Check out the companion website with lots of resources: The Wealthy English Teacher.
3.Expat Finance. This site has lots of good stuff, but it is not fabulous for the total beginner. Intermediate or advanced investors will find it more helpful.
4. Reddit-Expat Finance. Not a lot of activity here, but helpful nonetheless.
5. The Guardian-Expat Finance. Mostly from a UK perspective, but some general stuff there as well.
6. Wall Street Journal- Expat Finance and Tax Guide. Mostly America-centric, but again some helpful general stuff too.