What is the difference between NRA and FTN account?
Could you please explain the key distinctions between an NRA account and an FTN account? I'm particularly interested in understanding their tax implications, eligibility criteria, and any operational differences they might have. Could you also clarify any regulatory nuances or specific uses cases that might favor one over the other? Additionally, are there any common misconceptions or pitfalls that investors should be aware of when considering these types of accounts? Thank you for your assistance in clarifying these points.