Can I trade in IBKR US account after moving out of the country ?

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I recently moved from US to Canada for a year. I will returning back to US after 12 months.

I have 150k cash and no equities in my IBKR US account.

IBKR asked me to open a new account for Canada and they can then transfer all cash from the US entity to Canada entity.

I am not comfortable transferring around 150k cash from US to Canada. I use my US credit card and pay off the balance using the US bank account.

I would like to keep the cash either in a US bank account or IBKR US entity account.

I asked my tax consultant and they mentioned, they will take care of filing separate taxes, for trades executed in the US account while being in Canada.

So, can I just keep trading in the IBKR US account as is, or will IBKR detect and close my account if I trade from outside US ?

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allmuviz

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Posted: 1 year ago
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