Q: can i as an international student in usa, buy and exchange stocks in platform like robinhood? and if there is restrictio

A: As an international student in the USA, you generally have the ability to buy and exchange stocks on platforms like Robinhood. However, there are certain requirements and restrictions to be aware of.

Firstly, you must have a valid Social Security Number (SSN) or Individual Taxpayer Identification Number (ITIN). This is necessary for tax purposes and to comply with U.S. regulations. Additionally, you'll need to provide proof of identity and residence, which could include your passport and proof of address in the U.S.

Secondly, be mindful of your visa status. While investing in the stock market is not typically prohibited for student visa holders, engaging in day trading or treating it as a full-time job might conflict with your visa terms. It's important to maintain compliance with your student visa regulations.

Lastly, understand the tax implications. As a non-resident alien, different tax rules may apply to your investment income. It's advisable to consult with a tax professional to understand your obligations and ensure compliance with U.S. tax laws. Keep in mind that tax laws can be complex and may vary based on individual circumstances.

A: It's crucial to grasp the distinction between employment and investment. While some argue that making money through investments could be seen as work, especially when you're dutifully filing taxes, it's essential to play it safe. As a non-U.S. resident here solely for studies, potential future issues might arise. Having a detailed conversation with your attorney can shed light on the consequences and help you navigate any potential problems down the road.