I don't know what that is, I'm afraid. Is it something Vanguard would provide? If it's a US government thing, I don't live in the US, I would just like to invest in index funds (so anything that resembles Vanguard is fine with me).
SSNs are issued by the Social Security Administration for the purposes of keeping track of social security (read: government-backed retirement pension). The Internal Revenue Service keeps track of taxes and uses SSNs to keep track of all taxes (including payments into social security).
Some individuals (such as yourself) are not eligible to receive a SSN. For those individuals who need an identification number for US tax purposes, the IRS issues ITINs. See here for more information: https://www.irs.gov/individuals/individual-taxpayer-identifi...
AFAIK there are non-trivial tax liabilities and reporting requirements in the US for non US persons investing in the US. Just to be on the safe side, I wouldn't directly invest in another country without consulting a tax professional first.
If you want to invest in a US index, you can probably find a ETF traded in your country of residence that tracks a US index.
It'd cost a bit more than Vanguard's, but would cost you much less in hassle, effort, and regulatory requirements (which would be handled by whoever manages the fund).
You should ask your broker or bank about that before rushing to try and buy Vanguard's ETF directly from the US.
That's good to know, thank you. I managed to find a good brokerage firm (TD Direct Investing) in the EU, but I didn't know that buying US ETFs would have tax liabilities in the US. I will ask TD, thank you.
Sorry, I missed the part where you mentioned living in the EU. One of the siblings comments has a good explanation for ITINs. My wife used hers to open a Vanguard account despite having no SSN at the time. She did have a visa and a US address though, so I'm not sure how it would work for you (and if it would be worth the trouble; probably not).
I'm a French citizen, and wish I could help you regarding investing in the EU, but unfortunately I only got interested in it after moving to the US. Back in France it seemed like most people invested in real estate rather than in the markets.
Thank you anyway, I have a friend who's knowledgeable and he helped me find the tickers for the EU versions of the Vanguard ETFs. As I understand it, I won't need any tax presence in the US to buy them (e.g. https://www.bloomberg.com/quote/VWRL:LN), so I should be set. I'm trying to open brokerage accounts now, and it seems like everything should be simple after that.
