How to Invest in US Stocks from Nigeria After Selling Your Lagos Home
I currently live in Canada and plan to sell my home in Lagos. I want to use the proceeds to invest in US stocks and earn at least a 5% annual return in dividends. Can I directly invest from Nigeria by converting Naira to US dollars, transferring the funds to my Canadian bank account, and then funding a US brokerage? Or is there a simpler method to invest in US markets from Nigeria? Any advice on the best process for currency conversion, fund transfers, and regulatory considerations would be greatly appreciated.
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