I am pondering whether I am going to have to report a foreign account when I file taxes each year. For the past few years I have had to report a foreign account because I had a very small position with Schwab in Hong Kong (from the days that I lived in the Philippines) It was a pain because it added $$ to my tax bill from my accountant. So I finally closed out the small position by moving it over to Schwab USA. Now I am wondering if that was an exercise in futility since I will now have a Mexican stock.