Is anyone here familiar with the issue of foreign assets and security clearance? I have an impression from some random reading that owning of foreign assets may pose an issue or even problem with respect to obtaining security clearance. Furthermore, in the back of my mind this may even extend to parents. Seeing as how Cadet Delahanty's room and board qualifies as taxable income, I'm thinking of starting an IRA for him (probably a Roth once I figure out how it works). The idea of having a retirement account will no doubt strike the typical 20 year old as entirely bizarre and unnecessary. Providing far in advance for an unimaginably ancient version of yourself, over triple your present age, may in fact impose a sort of psychic burden. But I'm getting off the subject... There are some foreign telecom companies which offer juicy dividends (for the moment), even after foreign withholding taxes. The companies' shares (TDRs?) are listed on the New York Stock Exchange. These would be suitable for a retirement account. Is there a problem if Cadet Delahanty's account has any of these shares? What about the accounts of Delahanty mater and pater? What about foreign real estate? Does this mean I will have to forget about that smart little mud hut in Bechuanaland I've had my eyes on? I'm on the verge of getting a contractor's estimate for installing a skylight in the thatched roof.