InvestorQ : Do we have to sell the mutual funds if we have to move out of the foreign countries?
vani Patil made post

Do we have to sell the mutual funds if we have to move out of the foreign countries?

Answer
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2 months ago


I don’t think so. US/ Canada do not have any such rule obligating you to sell mutual funds if you move out of the country. If the country you are moving into has a policy that prohibits you from holding foreign securities that need to be seen.

But there is no rule requiring you to do so in US /Canada. However, you may need to check whether your brokerage is allowed to operate from the country that you are moving to. If not, then you may have to look at alternatives.