Subject to certain limitations and clearances, we are able to accept non-U.S. international investors. The process for enrolling international (non-U.S.) customers is typically done over the phone where we go through the online form with wireless payments enabled.
On-boarding of non-U.S. investors, registration and setup of the investor center, and delivery of physical correspondence may be delayed relative to domestic investors.
The rules governing U.S. federal income taxation of non-U.S. individuals and non-U.S. corporations are complex. For a summary of such rules, you may begin by reviewing the section in our full Offering Circular titled “Taxation of Foreign Stockholders”. Such section is only a summary, and we urge non-U.S. stockholders to consult their own tax advisers to determine the impact of federal, state and local income tax laws on ownership of our stock, including any reporting requirements.
A withholding tax equal to 30% of the gross amount of the dividend ordinarily will apply unless an applicable tax treaty reduces or eliminates the tax. We plan to withhold U.S. federal income tax at the rate of 30% on the gross amount of any distribution paid to a non-U.S. stockholder unless either:
(a) Lower treaty rate applies and the non-U.S. stockholder files an IRS Form W-8BEN or Form W-8BEN-E (with appropriate attachments) evidencing eligibility for that reduced rate with us
(b) The non-U.S. stockholder files an IRS Form W-8ECI with us claiming that the distribution is income that is effectively connected with a trade or business in the United States. We are unable to offer any assistance or services with respect to reducing the initial 30% withholding rate, and urge non-U.S. stockholders to consult their own tax advisers.
International investors may choose to receive their dividends by mailing a physical check for a $5 fee or international wire transfer for a $10 fee. The fee is deducted from the dividend funds.