Personal Trading account for offshore US tax resident

TrudeauG

New Member
Mar 27, 2021
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Hello, new here on the forum. I have to admit, this is becoming more complicated‌ than I anticipated. I'm a forex trader. I'm residing and trading in Mexico at the‍ moment, but I'm a U.S. citizen. I would like to start an offshore business for⁠ a few reasons.

1) I would like to return to the US and continue using⁤ my internationally regulated brokerage.

2) I would prefer to defer taxes until I collect profits⁣ though withdrawing from my brokerage. Or a the least pay a lower rate.

3) I⁢ would wish that everything was legal in with the IRS.

Can these objectives be accomplished?︀
 

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