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superacidjax
Joined: 17 Oct 2006
Location: Seoul
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 Posted: Mon Apr 20, 2009 6:45 pm Post subject: Investment/Brokerages in Korea |
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Anyone have a recommendation on a solid investment firm in Seoul? I want to be able to open an account and invest in domestic (Korean) and international stocks. I'm looking for a company similar to Fidelity with a local presence and international reach. Just piling money in the bank is pretty worthless, investment-wise. Although, with the dollar/won rates, banking won right now isn't such a bad play..
Any experience with how investments are handled by foreigners with local firms? Any special restrictions or rules? I would suspect HSBC or Barclay's might be a good place to start..
Any swiss firms in Seoul that would allow foreigner-opened accounts? UBS, etc?
Thanks! |
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Robot_Teacher
Joined: 18 Feb 2009
Location: Robotting Around the World
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| Posted: Mon Apr 20, 2009 7:11 pm Post subject: |
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Seems like this would require a business visa and a minimum of $50,000 because this means you're in Korea doing business in Korea, but I could be wrong. It might be treated like a bank account if you understand Korean language well enough to do it.
I went with a brokerage in my home country. TradeKing. |
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