Which countries have the most reliable legal principles when a US investor wants to invest in their stocks? Meaning if you decide to invest some stock, which countries are fair, reliable, honest, etc with your investment, and which ones are too corrupt to invest stocks in?
Consider the ones that follow International Accounting Financial Principles (IFRS's, for short), and that have some sort of mature trading spots and regulations of the the markets. The obvious choices here are European Union countries, Japan, China, Brazil, India… I am not a lawyer, and can't speak confidently about the legal principles, bu this might be the point to begin with. Watch for countries of Eastern Europe, some might be still steeped in heavy corruption but a lot of them do follow IFRS's, and do have fast developing markets. You need a real foreign expert / guru to tell you the best / worst countries (which I'm not), so the best advise seek — a professional help, this is your money, not a las vegas!
Whoa… some other answerer chose China as a safe place, and I've got to disagree with that. China is ruled by laws, but property rights are a new concept there – particularly for foreigners – particularly those w/o billions of dollars and ties to the Chinese government. My advice: be careful in China. (good news is, as a foreigner, you can't even buy on the Shanghai exchange)
My opinion: The US, UK, Canada are good. Then at a very slightly small step down: Australia, NZ, Western European countries… and Japan. Then: South Africa, Brazil (Argentina used to be here). Then: Peru, China, India. Then:Russia, middle eastern countries.
It's important to know a little about geopolitics for stuff like this, because some places have a history of screwing investors (and their populations at the same time), and some, based on current policies, may not have a history, but have a risk. References : Just my opinions. I don't do a ton of International investing, but now is the time, so I've been looking into it a bit.
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Which countries have the most reliable legal principles when a US investor wants to invest in their stocks?
Meaning if you decide to invest some stock, which countries are fair, reliable, honest, etc with your investment, and which ones are too corrupt to invest stocks in?
Consider the ones that follow International Accounting Financial Principles (IFRS's, for short), and that have some sort of mature trading spots and regulations of the the markets. The obvious choices here are European Union countries, Japan, China, Brazil, India… I am not a lawyer, and can't speak confidently about the legal principles, bu this might be the point to begin with. Watch for countries of Eastern Europe, some might be still steeped in heavy corruption but a lot of them do follow IFRS's, and do have fast developing markets. You need a real foreign expert / guru to tell you the best / worst countries (which I'm not), so the best advise seek — a professional help, this is your money, not a las vegas!
Hope this helps! Sugar Beth.
References :
Whoa… some other answerer chose China as a safe place, and I've got to disagree with that. China is ruled by laws, but property rights are a new concept there – particularly for foreigners – particularly those w/o billions of dollars and ties to the Chinese government. My advice: be careful in China. (good news is, as a foreigner, you can't even buy on the Shanghai exchange)
My opinion: The US, UK, Canada are good. Then at a very slightly small step down: Australia, NZ, Western European countries… and Japan. Then: South Africa, Brazil (Argentina used to be here). Then: Peru, China, India. Then:Russia, middle eastern countries.
It's important to know a little about geopolitics for stuff like this, because some places have a history of screwing investors (and their populations at the same time), and some, based on current policies, may not have a history, but have a risk.
References :
Just my opinions. I don't do a ton of International investing, but now is the time, so I've been looking into it a bit.
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