– I want to move to Japan but I’m afraid my Schwab account will get liquidated if I renounce my California residency.
– California income tax is very high so I really don’t want to be a California resident while working in Japan.
– The whole IBKR/IBSJ situation seems confusing so I don’t think I want to commit to that.
– My brother lives in Washington where there’s no income tax so I could become a resident there before moving to Japan.
I guess I have 2 questions:
– What triggers an address audit by brokerages?
– And what happens if my account gets liquidated while I’m a resident of Japan?
by KumichoSensei