Search found 1364 matches

by TedSwippet
Mon Oct 23, 2017 12:31 pm
Forum: Investing - Help with Personal Investments
Topic: Tax credit against taxes paid internally by Irish distributing ETFs? [Europe]
Replies: 3
Views: 144

Re: Tax credit against taxes paid internally by Irish distributing ETFs? [Europe]

I don't think this is possible. I don't know how Spanish tax works, but yes, it seems pretty unlikely to be possible. For my part, I cannot see how I could accomplish this inside the UK tax system either. It's annoying though. And doubly so because the US is among the worst when it comes to taxing ...
by TedSwippet
Sun Oct 22, 2017 2:09 am
Forum: Investing - Help with Personal Investments
Topic: Portfolio/Brokerage Advice for a UK expat in the Middle East
Replies: 3
Views: 331

Re: Portfolio/Brokerage Advice for a UK expat in the Middle East

GWidgery wrote:
Wed Oct 11, 2017 3:41 am
... I can't find a Vanguard UCITS ETF that's World Ex-US unfortunately. The only one I can find is US domiciled. Any better suggestions here?
Vanguard Canada offers an ex-US index ETF, VDU. Not US domiciled, although not UCITS either. I don't know of any UCITS ex-US ETFs.
by TedSwippet
Fri Oct 20, 2017 6:01 pm
Forum: Investing - Help with Personal Investments
Topic: VDVA (or VVAL) Equivalent Vanguard ETF for US investor?
Replies: 1
Views: 122

Re: VDVA (or VVAL) Equivalent Vanguard ETF for US investor?

Sorry, I don't know the direct answer to your actual question. However, just to head off anyone suggesting that perhaps you buy these Vanguard ETFs on the LSE through Interactive Brokers or similar, I'll just add that you are right that these are UCITS funds that are Ireland domiciled and so cannot ...
by TedSwippet
Fri Oct 20, 2017 5:51 pm
Forum: Investing - Help with Personal Investments
Topic: Currency Question on UK/USA Investments (+ Should I Trust the UK?)
Replies: 7
Views: 510

Re: Currency Question on UK/USA Investments (+ Should I Trust the UK?)

Welcome. (1) Am I missing something with the UK market? Or is it just a bit sucky? UK indexes have certainly been less than stellar compared with practically every other global region over the past decade or so. Of course, that might continue to be the case, or it might not. This is something you ha...
by TedSwippet
Fri Oct 20, 2017 2:19 am
Forum: Personal Finance (Not Investing)
Topic: Multi-currency accounts for US citizen
Replies: 37
Views: 1574

Re: Multi-currency accounts for US citizen

This doesn't even account for the pain that your taxes become when you have a significant amount of money in a foreign account! Do not open an acccount in the U.K. unless you have to because their Dept of Revenue makes the IRS look sweet and polite... the U.K. demands FULL U.S. and U.K. Bank info! ...
by TedSwippet
Tue Oct 10, 2017 12:31 pm
Forum: Personal Finance (Not Investing)
Topic: US/UK tax treatment of 401k
Replies: 3
Views: 314

Re: US/UK tax treatment of 401k

Also the UK has a 61 per cent marginal tax rate between something like 104k and 121k due to allowance claw backs. Yeah. There is a 60% effective tax rate band on all income between £100k and £100K + 2 x annual tax free allowance, so £123k for 2017/18. It comes about because you pay 40% in normal in...
by TedSwippet
Tue Oct 10, 2017 3:00 am
Forum: Personal Finance (Not Investing)
Topic: US/UK tax treatment of 401k
Replies: 3
Views: 314

Re: US/UK tax treatment of 401k

Welcome. I believe that the 401k is recognised under the dual taxation treaty and will be treated by HMRC in the same way as a UK pension scheme? Yes. Under the treaty, no tax until withdrawals made, and then for normal (non-lump sum) withdrawal, tax only to country of residence (so the UK in this c...
by TedSwippet
Mon Oct 09, 2017 10:28 am
Forum: Investing - Help with Personal Investments
Topic: Investing as an expat
Replies: 2
Views: 270

Re: Investing as an expat

- Withholding tax on dividends applies to US ETF investments (no such tax in HK), so I haven't worked out if it makes economic sense - Have heard that US estate tax might be a risk with US-listed ETFs, but I'm not sure if this is correct For you, US ETF investments come with a heap of unwanted and ...
by TedSwippet
Sun Oct 08, 2017 5:36 am
Forum: Investing - Help with Personal Investments
Topic: Portfolio Review - 30yo Dutch National / Based in Singapore
Replies: 5
Views: 728

Re: Portfolio Review - 30yo Dutch National / Based in Singapore

1.) Because of my VWRD I feel I've missed on the S&P500 Gains. :( Not sure wether my thinking is right on this. I would say that your thinking isn't right here. 50% of VWRD 's holdings are US stocks, so you got that. The other 50% is non-US stocks, and you got the gains from those also. Non-US gain...
by TedSwippet
Sat Sep 30, 2017 8:01 am
Forum: Investing - Help with Personal Investments
Topic: index funds available for romanian citizens?
Replies: 11
Views: 2377

Re: index funds available for romanian citizens?

Does Romania has tax treaty with USA? Romania has a US income tax treaty , with a 10% rate for US source dividends. It does not have a US estate tax treaty , meaning that 'US situs' assets above $60k are 'in scope' for US estate tax at up to 40%. VOO and VTI are both US domiciled ETFs, and so are c...
by TedSwippet
Sat Sep 30, 2017 3:25 am
Forum: Investing - Help with Personal Investments
Topic: Tax implications, US/UK 403b
Replies: 8
Views: 574

Re: Tax implications, US/UK 403b

Having posted this question and received an affirmative response, I now see that Roth IRA distributions do seem to be subject to the penalty if one is under 59.5 years old. You can withdraw the principal -- that is, the amount you converted or contributed -- from a Roth well before age 59.5, and wi...
by TedSwippet
Fri Sep 29, 2017 6:22 am
Forum: Investing - Help with Personal Investments
Topic: Investing in ETFs MSCI World + MSCI Emerging Market [Germany]
Replies: 18
Views: 1199

Re: Investing in ETFs MSCI World + MSCI Emerging Market [Germany]

Other than the absurpt of the issue, what if the etf is accumulating? It does not give divident- equivalents in such cases. No difference that I can see. The phrase "dividend equivalent" used here in US tax law refers to payment in place of actual dividend made by the US stock holding 'counterparty...
by TedSwippet
Fri Sep 29, 2017 4:03 am
Forum: Investing - Help with Personal Investments
Topic: Investing in ETFs MSCI World + MSCI Emerging Market [Germany]
Replies: 18
Views: 1199

Re: Investing in ETFs MSCI World + MSCI Emerging Market [Germany]

My educated guess is that as synthetic etfs that do not hold the actual securities they track, they do not pay taxes on US, ... According to this paper , under section 871(m) the US does (at least try to!) withhold tax on 'dividend-equivalent payments' by derivatives: The new regulations will estab...
by TedSwippet
Fri Sep 29, 2017 3:27 am
Forum: Investing - Help with Personal Investments
Topic: Best option for non-US Index ETF? Something like Vanguard?
Replies: 5
Views: 422

Re: Best option for non-US Index ETF? Something like Vanguard?

I looked up the Vanguard VUSA and found that it tracks the S&P 500, just as the iShares fund I was looking at. Since they both track the same index and have the same TER, what is the difference between both? I'm only asking because I don't know what to look for myself. Theoretically there is no dif...
by TedSwippet
Fri Sep 29, 2017 3:09 am
Forum: Investing - Help with Personal Investments
Topic: 3 fund portfolio for non US citizen with no-commision TD ETFs
Replies: 21
Views: 1172

Re: 3 fund portfolio for non US citizen with no-commision TD ETFs

1- You assumed that Estonia would charge another 5% on top of 15% (treaty rate) that IRS withholds, I don't think that's true based on a comm with tax board here. Their policy seems to be taxing profits not already taxed by anybody else. This paper from PWC suggests that your situation is as I desc...
by TedSwippet
Thu Sep 28, 2017 6:03 pm
Forum: Investing - Help with Personal Investments
Topic: Transferring Inheritance Funds from a Foreign Source
Replies: 2
Views: 281

Re: Transferring Inheritance Funds from a Foreign Source

2. Generally speaking, what are my tax liabilities and what strategies should i use to minimize my tax bill? The US taxes gift and bequest recipients only in very limited circumstances and which very probably do not apply here. If over $100k you do have a tax reporting requirement though, form 3520...
by TedSwippet
Thu Sep 28, 2017 5:54 pm
Forum: Investing - Help with Personal Investments
Topic: Global indexed portfolio (UK investor) - No Vanguard SIPP, Workaround Advice
Replies: 2
Views: 200

Re: Global indexed portfolio (UK investor) - No Vanguard SIPP, Workaround Advice

I want to build some kind of proxy to the Vanguard LifeStrategy 100% Equity Fund . Vanguard won't provide a SIPP until 2018, and I need to invest in this tax year to reduce my corporation tax (self-employed). Therefore, the simplest and roughly cheapest alternative seems to be a Fidelity SIPP with ...
by TedSwippet
Thu Sep 28, 2017 3:36 pm
Forum: Investing - Help with Personal Investments
Topic: Investing in ETFs MSCI World + MSCI Emerging Market [Germany]
Replies: 18
Views: 1199

Re: Investing in ETFs MSCI World + MSCI Emerging Market [Germany]

I also found out that my broker comdirect offers free-of-charge saving plan for Comstage MSCI World TER 0.2% ... They seem to be the best option: low TER and no commission fees except they are synthetic. This ETF appears to be domiciled in Luxembourg. Luxembourg has no tax treaty with the US, so th...
by TedSwippet
Thu Sep 28, 2017 7:30 am
Forum: Investing - Help with Personal Investments
Topic: Best option for non-US Index ETF? Something like Vanguard?
Replies: 5
Views: 422

Re: Best option for non-US Index ETF? Something like Vanguard?

Since I'm not US-based, Vanguard is not an option for me. Is there anything similar in the EU? Someone here pointed me towards iShares, that they have a US index ETF, domiciled in Ireland. Would this be what I'm looking for which is comparable to what Vanguard offers? It sounds like you are seeking...
by TedSwippet
Thu Sep 28, 2017 3:30 am
Forum: Investing - Help with Personal Investments
Topic: 3 fund portfolio for non US citizen with no-commision TD ETFs
Replies: 21
Views: 1172

Re: 3 fund portfolio for non US citizen with no-commision TD ETFs

Do I understand correctly that this means that in case of US domiciled ETFs, 15% is taxed at source on all the assets (even the ones not holding US company shares) ... Yes. As far as US tax law is concerned, a US domiciled ETF is just another US share, and brokers withhold US tax on US share divide...
by TedSwippet
Wed Sep 27, 2017 3:17 pm
Forum: Investing - Help with Personal Investments
Topic: 3 fund portfolio for non US citizen with no-commision TD ETFs
Replies: 21
Views: 1172

Re: 3 fund portfolio for non US citizen with no-commision TD ETFs

Would you still say that Irish ETFs are favorable for a EU Ireland tax treaty member who happens to also have a treaty with US? If you are happy with the restriction to staying below $60k, and if Estonia gives you full credit for the 15% you pay in US dividend tax, then you come out slightly ahead ...
by TedSwippet
Wed Sep 27, 2017 1:35 pm
Forum: Investing - Help with Personal Investments
Topic: 3 fund portfolio for non US citizen with no-commision TD ETFs
Replies: 21
Views: 1172

Re: 3 fund portfolio for non US citizen with no-commision TD ETFs

For NRAs in countries without a US estate tax treaty, holding US domiciled ETFs invites considerable US estate tax risks. Prefer EU domiciled ones to eliminate that risk: Nonresident alien taxation Nonresident alien with no US tax treaty & Irish ETFs [ Partially discussed with the OP already in this...
by TedSwippet
Wed Sep 27, 2017 1:26 pm
Forum: Investing - Help with Personal Investments
Topic: Opening a Vanguard account as a foreigner with a U.S. address?
Replies: 9
Views: 1078

Re: Opening a Vanguard account as a foreigner with a U.S. address?

I'll have to deal with US tax system anyways whether I use a local or a US broker because I'm planning to invest in US domiciled securities. Both US and non-US brokers would ask for a W-8BEN and withhold 15% (30% without treaty) off of dividends. Given that ready alternatives exist, why hold US dom...
by TedSwippet
Tue Sep 26, 2017 4:20 pm
Forum: Investing - Help with Personal Investments
Topic: Opening a Vanguard account as a foreigner with a U.S. address?
Replies: 9
Views: 1078

Re: Opening a Vanguard account as a foreigner with a U.S. address?

... They clearly have Non resident Alien status as a valid option in their form and they handle W-8BEN forms so there should be no problem in terms of tax purposes in future but I'm still wondering if I should do it! I am not sure why you would want to go to so much trouble to open an account direc...
by TedSwippet
Tue Sep 26, 2017 4:04 pm
Forum: Investing - Help with Personal Investments
Topic: Investing in ETFs MSCI World + MSCI Emerging Market [Germany]
Replies: 18
Views: 1199

Re: Investing in ETFs MSCI World + MSCI Emerging Market [Germany]

Welcome. Since I am living in Germany, unfortunately I can't buy Vanguard funds such as Vanguard Total Market Index Funds. As a result, I am planing to buy the following ETFs via an automated saving plan... Is there any reason why you did not choose Vanguard's EU domiciled ETFs, for example VWRL and...
by TedSwippet
Mon Sep 25, 2017 3:33 pm
Forum: Investing - Help with Personal Investments
Topic: SP500 for a European expat
Replies: 8
Views: 552

Re: SP500 for a European expat

So let's say I still want to add a touch of SP500 in my portfolio. Correct me if I am wrong, but my best option will either be to go with VUSA or with VUSD, right ? Right. Or any other non-US domiciled S&P500 tracker ETF that you might choose to use, for example iShares IUSA. (It is the domicile of...
by TedSwippet
Mon Sep 25, 2017 12:55 pm
Forum: Investing - Help with Personal Investments
Topic: SP500 for a European expat
Replies: 8
Views: 552

Re: SP500 for a European expat

But I wanted to cut the costs and I find an ETF in Euro and without any Tax issue. Do you think I should move away from my VWRL and have : VTI + VT ? Absolutely not . With VWRL you effectively pay 15% in US tax on dividends from the US stocks held by the ETF, and probably less than that, perhaps as...
by TedSwippet
Mon Sep 25, 2017 9:42 am
Forum: Investing - Help with Personal Investments
Topic: Non-Resident Alien investing with US trading account
Replies: 1
Views: 176

Re: Non-Resident Alien investing with US trading account

1. US taxes for me as it stands today (no active income, only trading account) - I believe this would be zero, but just want to get it confirmed. It depends on what you hold in that trading account. Suppose you hold US domiciled ETFs, the ones commonly discussed on this forum. In that case you woul...
by TedSwippet
Sun Sep 24, 2017 1:17 pm
Forum: Investing - Help with Personal Investments
Topic: SP500 for a European expat
Replies: 8
Views: 552

Re: SP500 for a European expat

I want to have a simple portfolio, but I m considering adding SP500 ETF , representing 20% of my stocks allocation. Is this too much knowing that US already represent a bit more than 50% of VWRL? VWRL already contains US equities in their market cap proportion. So yes, if you add an S&P tracker to ...
by TedSwippet
Fri Sep 22, 2017 11:05 am
Forum: Investing - Help with Personal Investments
Topic: $200,000 Saved - Mid 50's - Best Approach [US Citizen in UK]
Replies: 9
Views: 1647

Re: $200,000 Saved - Mid 50's - Best Approach [US Citizen in UK]

Sounds like the best financial approach is to establish UK citizenship and renounce USA. That's certainly the most obvious way of ridding oneself of all of the tax issues associated with US citizenship. It is also one that is being increasingly frequently employed by US citizens living permanently ...
by TedSwippet
Thu Sep 21, 2017 2:51 pm
Forum: Investing - Help with Personal Investments
Topic: $200,000 Saved - Mid 50's - Best Approach [US Citizen in UK]
Replies: 9
Views: 1647

Re: $200,000 Saved - Mid 50's - Best Approach [US Citizen in UK]

How you buy say US listed ETFS which will kill you w HMRC but find "reporting" funds that are ok w hmrc but don't hit pfic rules I have no idea. HMRC publishes a list of UK reporting status funds, regularly updated. Several of Vanguard's US domiciled ETFs are listed as 'UK reporting', so sticking t...
by TedSwippet
Thu Sep 21, 2017 11:52 am
Forum: Personal Finance (Not Investing)
Topic: Tax issues relocating abroad, avoid capital gains by gifting to foreign partner
Replies: 20
Views: 1188

Re: Tax issues relocating abroad, avoid capital gains by gifting to foreign partner

For the 403b. Convert to IRA, then do Roth conversions each year. As this will be my only US income, I can convert 10k tax free (std deduct+exception). If I marry (AFTER doing the gift above), this increases to 20k. This is not fast enough, so I could convert another 75k a year and stay in the 15% ...
by TedSwippet
Thu Sep 21, 2017 10:43 am
Forum: Investing - Help with Personal Investments
Topic: $200,000 Saved - Mid 50's - Best Approach [US Citizen in UK]
Replies: 9
Views: 1647

Re: $200,000 Saved - Mid 50's - Best Approach [US Citizen in UK]

I've looked at Scottish Mortgage Investment Trust - and its performance has been stellar. Figuring it outperforms FTSE/NYSE indexes, consistently for the past decade, I'm tempted to roll the dice and put it all in there for 3-5 years anyway. You should avoid this like the plague. Not for any reason...
by TedSwippet
Tue Sep 19, 2017 4:48 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard for non-resident aliens
Replies: 22
Views: 1176

Re: Vanguard for non-resident aliens

Note on page 5 of 15, you can answer the question regarding your tax residency. Wait untill after you have met the requirement to file fome 1040. Also pay attention to the footnotes pertaining to NRA status under citizenship. Thank you. ... Is evading the clueless call centre and incomplete website...
by TedSwippet
Tue Sep 19, 2017 6:24 am
Forum: Investing - Help with Personal Investments
Topic: € 20,000-portfolio-idea - reasonable or not?
Replies: 18
Views: 1567

Re: € 20,000-portfolio-idea - reasonable or not?

Do you think I underestimate the currency exchange risk? That my portfolio would be unadequate for me as a German, planning to go on spending EUR? I think you might be overestimating the effect of charges. BNDX's TER is 0.12%, EUNH's is 0.2%. 0.08% of your initial €4,000 is less than €4/year. In or...
by TedSwippet
Mon Sep 18, 2017 5:23 pm
Forum: Investing - Help with Personal Investments
Topic: € 20,000-portfolio-idea - reasonable or not?
Replies: 18
Views: 1567

Re: € 20,000-portfolio-idea - reasonable or not?

What do you think of my distribution now? I would be open for another Eurozone bond-ETF in EUR, but I would rather invest into VT than into another world stock ETF. If this is your preference then go for it. Your most obvious non-US equivalent to VT is VWRL . This is Vanguard's Ireland domiciled al...
by TedSwippet
Mon Sep 18, 2017 3:54 pm
Forum: Investing - Help with Personal Investments
Topic: € 20,000-portfolio-idea - reasonable or not?
Replies: 18
Views: 1567

Re: € 20,000-portfolio-idea - reasonable or not?

As for Vanguard Total World Stock ETF, make sure you understand the tax/estate implications. As far as I understand it, you'll have to file tax returns in Germany yourself, and as in_reality pointed out maybe are subject to US estate taxation. As far as US estate taxes go, Germany is one of the few...
by TedSwippet
Mon Sep 18, 2017 10:03 am
Forum: Investing - Help with Personal Investments
Topic: UK based investing - bond ETFs
Replies: 14
Views: 778

Re: UK based investing - bond ETFs

Basically the £1m is very easy to hit-- it really depends on your age. It is quite likely I will hit it in the next 15 years i.e. before planned retirement date. But I did not have enough (ie over £1.0m) to opt for protection now. For completeness, note that there are two forms of protection from t...
by TedSwippet
Thu Sep 14, 2017 5:46 pm
Forum: Investing - Help with Personal Investments
Topic: Tax implications, US/UK 403b
Replies: 8
Views: 574

Re: Tax implications, US/UK 403b

Your situation looks a little different to mine in that you kept the funds in the 401k. This is not a material difference. I kept my Vanguard 401k because it gives access to slightly lower TER 'institutional' funds there than in my Vanguard traditional IRA, and saving me a hundred dollars or so per...
by TedSwippet
Mon Sep 11, 2017 12:42 pm
Forum: Investing - Help with Personal Investments
Topic: New to US - Help with choosing 401k
Replies: 8
Views: 610

Re: New to US - Help with choosing 401k

Talking about RRSP plans, if you have one now then be aware that while the IRS considers it a valid tax exempt retirement plan that the California Franchise Tax Board does not. You will need to pay tax in California on any realized gains within the plan or income (dividends or interest). Worth addi...
by TedSwippet
Mon Sep 11, 2017 3:06 am
Forum: Investing - Help with Personal Investments
Topic: Choosing an Online UK Broker
Replies: 5
Views: 458

Re: Choosing an Online UK Broker

Thanks for your advise and pointing out the tax risks of investing money abroad as a U.S. resident. We may be able to invest in the U.K as a resident. If this is the case, do you have any recommendations for UK brokers? Perhaps consult either this table from Monevator, regularly updated as UK broke...
by TedSwippet
Sat Sep 09, 2017 2:29 pm
Forum: Investing - Help with Personal Investments
Topic: Tax implications of investing through London Stock Exchange for non-resident investors
Replies: 23
Views: 2022

Re: Tax implications of investing through London Stock Exchange for non-resident investors

And here it is from the Irish government... Thanks for the update. To sum up, non-UK and non-Irish investors suffer no UK or Irish dividend taxes, estate taxes, inheritance taxes, gift taxes, transfer taxes, capital acquisition taxes, capital gains taxes, or stamp duty reserve taxes(*) when buying,...
by TedSwippet
Sat Sep 09, 2017 3:41 am
Forum: Investing - Help with Personal Investments
Topic: Irish ETFs taxes on US equity dividends
Replies: 5
Views: 518

Re: Irish ETFs taxes on US equity dividends

The US taxes 15% no matter whether they are distributing or accumulating and Israel has a 25% tax, but it seems to me that accumulating ETFs do not report dividends. Thus, How would then an accumulating ETF work? Some countries have lower tax rates for capital gains than for dividends. And some cou...
by TedSwippet
Sat Sep 09, 2017 3:20 am
Forum: Investing - Help with Personal Investments
Topic: Resident Alien - US Investing [Brazil ex-pat]
Replies: 4
Views: 428

Re: Resident Alien - US Investing [Brazil ex-pat]

... I have others international pensions that are on hold for the time I am in the US, but I don't want to over-complicate things. Adding to what Hyperborea said, I would also be worried about these. The US rarely considers a non-US pension to be anything other than an unwrapped investment account,...
by TedSwippet
Fri Sep 08, 2017 3:18 am
Forum: Investing - Help with Personal Investments
Topic: Tax implications of investing through London Stock Exchange for non-resident investors
Replies: 23
Views: 2022

Re: Tax implications of investing through London Stock Exchange for non-resident investors

Hi All. Google brought me here, and I think there are some important inaccuracies in the above replies, so let me give my 2c. Thanks for taking the time to comment. Overall, your findings confirm that non-UK and non-Irish investors who hold Ireland domiciled ETFs purchased through the London stock ...
by TedSwippet
Fri Sep 08, 2017 3:01 am
Forum: Investing - Help with Personal Investments
Topic: Irish ETFs taxes on US equity dividends
Replies: 5
Views: 518

Re: Irish ETFs taxes on US equity dividends

My bank in Israel tells me that they DO NOT see that tax, meaning that that information is not passed to them. If that is the case, an Israeli investor could be paying double taxation. Pretty much. The 15% US dividend withholding tax is paid internally by an Ireland domiciled ETF, and so in effect ...
by TedSwippet
Thu Sep 07, 2017 11:18 am
Forum: Investing - Help with Personal Investments
Topic: Choosing an Online UK Broker
Replies: 5
Views: 458

Re: Choosing an Online UK Broker

I am a UK expat looking for recommendations for a UK broker. I have about 70k in pounds and plan to only invest in ETFs so I don't need a broad range of products. Low fees is the biggest pull. Most UK brokers probably won't want to open an account for anyone not a UK resident. Doubly so if your non...
by TedSwippet
Fri Sep 01, 2017 5:12 pm
Forum: Investing - Theory, News & General
Topic: Differences between UK and US retirement planning
Replies: 24
Views: 2574

Re: Differences between UK and US retirement planning

alex_686 wrote:
Fri Sep 01, 2017 12:52 pm
The ISA is more like our IRA.
Specifically, a regular ISA more like a Roth IRA. An ISA is not really all that much like a traditional IRA.

A Lifetime ISA is a weird beast that has no discernible US analogue.
by TedSwippet
Wed Aug 30, 2017 1:19 pm
Forum: Personal Finance (Not Investing)
Topic: [How can people avoid the estate tax?]
Replies: 22
Views: 2204

Re: [How can people avoid the estate tax?]

You have a $5.49M lifetime gift exemption ($11M for married couple), so as long as you are able to gift the money before you die you do not have to pay a dime of estate tax. You do have to be either stupid or very, very rich to pay estate tax, in which case I am all for it. Often overlooked is that...
by TedSwippet
Wed Aug 30, 2017 11:24 am
Forum: Investing - Help with Personal Investments
Topic: A Guide to Moving Abroad
Replies: 10
Views: 1274

Re: A Guide to Moving Abroad

It's not that hard :happy I'd say things are a lot harder than you make out. For example, most of what you suggest is either not possible or not at all advisable from the UK tax perspective for US citizens who are UK tax-resident. More widely, 1-5 all rely on the US broker continuing to accept you ...