I know there's been some confusion over this, so thought I'd clarify for the U.S. citizens living abroad:
Vanguard and Charles Schwab require you to be physically present (live) in the USA. They don't care about the mailing address you bought. They're banks. They do background checks.
I have no way to invest for my future at all. At this point, I don't know if it's best to go back to the USA and "live" there for a few months. Still, if either company suspects sim not living in the USA, they'll close my account.
The ability not to save my money appropriately is causing me great stress. I worry about my future. I don't think social security will still be around. My income is low, but it would be nice to have the chance to take advantage of compound interest bearing funds.
At the moment, I'm in Tbilisi, Georgia. Was considering staying a long time. Are U.S. nomads, who don't make a lot of money, being punished for living outside the USA? I see Thun Financial, but they're for the wealthy digital nomads. I'm not there yet! 🤣🙏
Btw- I made the mistake of telling Robinhood, I was living outside the USA. They closed my account.
Can someone please direct me to some insightful information to invest regardless of how often your location changes?
Be kind. This is my future and I'm really hoping I don't have to go back to my miserable existence in the USA. Thank you.