Search found 46 matches

by Maple
Fri Jan 17, 2020 12:28 pm
Forum: Non-US Investing
Topic: Bokerage IRA Account Distribution for NRA
Replies: 1
Views: 211

Re: Bokerage IRA Account Distribution for NRA

No.
However, a withholding tax could be expected depending on tax treaties between the USA and your tax domicile.
by Maple
Fri Dec 20, 2019 8:35 pm
Forum: Non-US Investing
Topic: Keeping Vanguard account as Non resident Alien
Replies: 14
Views: 1046

Re: Keeping Vanguard account as Non resident Alien

Wad wrote:
Fri Dec 20, 2019 7:09 pm
Hi Maple,

Glad to see you're still around. A few questions if that's okay ...
Sure, happy to help. Response via PM so not to hijack the original author's thread.
by Maple
Thu Dec 19, 2019 6:59 pm
Forum: Non-US Investing
Topic: Keeping Vanguard account as Non resident Alien
Replies: 14
Views: 1046

Re: Keeping Vanguard account as Non resident Alien

123 wrote:
Wed Dec 18, 2019 6:48 pm
... Trading is accounts held in the USA is not permitted for non-residents ...
This has not been my experience. As a non-resident of the US (resident of the Philippines), Vanguard continues to permit trading.
by Maple
Wed Dec 18, 2019 2:05 am
Forum: Non-US Investing
Topic: Keeping Vanguard account as Non resident Alien
Replies: 14
Views: 1046

Re: Keeping Vanguard account as Non resident Alien

Hi folks, I hold a Vanguard personal account as well as a 401k account. I recently moved out of the US and plan to give up my US greencard. Can I continue to operate my Vanguard account (withdraw/invest) even after updating my status to Non resident alien? Thanks Hi saroop. Welcome to the board wit...
by Maple
Thu Sep 05, 2019 12:56 am
Forum: Non-US Investing
Topic: Ex Dividend dates
Replies: 4
Views: 749

Re: Ex Dividend dates

I am trying to find the upcoming EX Dividend dates for all these funds as far in advance as possible. It is extremely difficult to obtain this information. Did you try the below? It is an estimate of the Vanguard dividends distribution dates for all 2019 quarters https://api.vanguard.com/rs/gre/gls...
by Maple
Sat Aug 17, 2019 2:55 am
Forum: Non-US Investing
Topic: How do I know when fund is big enough to buy safely and not worry about liquidity issues and bid-ask spreads?
Replies: 7
Views: 923

Re: How do I know when fund is big enough to buy safely and not worry about liquidity issues and bid-ask spreads?

I want to buy VWRA, since it fits my situation and requirements best. However, the fund is new and from what I understand has high bid-ask spreads. How do I know when fund is "big enough" for me to buy safely without worrying about stuff like this? What sites and resources to use? Many of these ETF...
by Maple
Wed Aug 14, 2019 12:59 am
Forum: Non-US Investing
Topic: Can an expat still invest and trade ETFs???
Replies: 26
Views: 2704

Re: Can an expat still invest and trade ETFs???

I received TODAY (August 13th) the following notice from Charles Schwab New U.S. ETFs and ETNs purchase restrictions as of September 19 Beginning September 19, 2019, Schwab clients who are residents of the E.U. will no longer be able to purchase U.S.-registered exchange-traded funds (ETFs) and exch...
by Maple
Sun Aug 11, 2019 11:15 am
Forum: Non-US Investing
Topic: Brexit impact on Irish domiciled ETFs traded on LSE
Replies: 4
Views: 471

Brexit impact on Irish domiciled ETFs traded on LSE

Do any board members have insights into the potential impact of Brexit (potentially hard/no deal) on Irish domiciled ETFs traded on the London Stock Exchange? For the purpose of this thread, I'm less interested in short term price changes, more interested in any existential problems. I'm inclined to...
by Maple
Fri Aug 09, 2019 12:36 am
Forum: Non-US Investing
Topic: Broker Diversification
Replies: 23
Views: 1732

Re: Broker Diversification

This topic is discussed in an open thread here ...

Concentration risk of networth in one ETF in one broker
by Maple
Sat Jul 13, 2019 12:55 am
Forum: Personal Consumer Issues
Topic: How to encrypt Cloud backups?
Replies: 54
Views: 4670

Re: How to encrypt Cloud backups?

I used Mozy for years (recently purchased by and converted to Carbonite). It costs ~$6 / month for plenty of storage. The software allows for the encryption key to be maintained solely by me, and encryption of my files occurs automatically one step before the files are uploaded to the Carbonite file...
by Maple
Wed Jul 03, 2019 7:51 pm
Forum: Non-US Investing
Topic: Interactive Brokers - SmartRouting vs direct routing when buying ETFs
Replies: 2
Views: 522

Re: Interactive Brokers - SmartRouting vs direct routing when buying ETFs

wizard314, I have not yet used IB's "SmartRouting" feature. IIRC, fees were higher ... but perhaps I am mistaken?? I generally just buy ETFs (via simple limit orders) on the London Stock Exchange which seems to have the most liquidity in cases of interest for me. Please do share your experiences wit...
by Maple
Mon Jun 17, 2019 3:23 am
Forum: Non-US Investing
Topic: Concentration risk of networth in one ETF in one broker
Replies: 13
Views: 1632

Re: Concentration risk of networth in one ETF in one broker

... The fears are that I might lose access to IB for whatever reason (temporary freeze, mis-management of IB, hacks) or that Vanguard has an accident (management cock-up). Whatever FDIC insurance that may or may not exist for me is at best minimal. I fear the financial crises stories of people losi...
by Maple
Tue May 28, 2019 10:41 am
Forum: Non-US Investing
Topic: Advice for parking USD short-term, non-US investor? [Jordan]
Replies: 10
Views: 869

Re: Advice for parking USD short-term, non-US investor? [Jordan]

I have a sum of USD in cash that I would like to park short term, 1-3 years. As a non-US individual, I prefer Irish-domiciled funds. What low cost fund would you recommend? I'm a big fan of the Bogleheads forum. Thanks! Hi banoffeeape86, Are you looking for an ETF with bonds, equities, both? If you...
by Maple
Thu May 23, 2019 5:39 pm
Forum: Non-US Investing
Topic: New Investor [ETF suggestions for Canadian expat]
Replies: 26
Views: 2116

Re: New Investor

So I figure a modest 3%-4% draw down a month ... I just don't know what is the best portfolio considering my age, citizenship, and geographic location. Do you think 50% Bonds is a good percentage? I keep reading "100 minus your age" for fixed asset allocation? Hello Wad, Welcome to the forum. :wink...
by Maple
Sat Apr 13, 2019 9:21 pm
Forum: Non-US Investing
Topic: International broker for index funds?
Replies: 5
Views: 714

Re: International broker for index funds?

Interactive Brokers accepts clients from most countries and will enable you to purchase index ETFs offered by the best companies such as Vanguard and iShares.
by Maple
Fri Apr 12, 2019 12:03 pm
Forum: Non-US Investing
Topic: Vanguard recently added several new Irish domiciled ETFs
Replies: 5
Views: 1153

Re: Vanguard recently added several new Irish domiciled ETFs

... I guess this is not extremely relevant, as liquidity of an ETF is mainly a function of the liquidity of the underlying assets? ... megatron1911, I agree that liquidity is mainly a function of underlying assets (and other ETFs it is correlated with). However, the more actively traded an ETF is, ...
by Maple
Thu Apr 11, 2019 11:34 pm
Forum: Non-US Investing
Topic: Vanguard recently added several new Irish domiciled ETFs
Replies: 5
Views: 1153

Vanguard recently added several new Irish domiciled ETFs

Vanguard, according to their ETF product page , added several new Irish domiciled ETFs in the past few months. Conveniently, many of the new ETFs are accumulating versions of previously available distributing ETFs. For example: VDTA for VDTY VDEA for VDET VDPA for VDCP etc ... The total assets of th...
by Maple
Mon Mar 25, 2019 1:16 pm
Forum: Non-US Investing
Topic: Investing amid uncertainty and no safety net [Canadian ex-pat in Asia]
Replies: 9
Views: 923

Re: Investing amid uncertainty and no safety net [Canadian ex-pat in Asia]

... Japan is the only country in Asia with a US estate tax treaty . For investors in countries without a US estate tax treaty, US estate taxes start to bite after just $60k of US situated assets... Outline of Non-US domiciles - Bogleheads TedSwippet, Are estate tax treaties based solely on the indi...
by Maple
Fri Mar 15, 2019 5:54 pm
Forum: Non-US Investing
Topic: Fidelity 401k And W-8BEN
Replies: 49
Views: 5993

Re: Fidelity 401k And W-8BEN

... I am sure it varies by company, and I know what Vanguard does. We don't know what Fidelity will do, though. Nor do we know how long anything of what Vanguard, Fidelity, or anyone else does now will persist into the future. My reading of the treaty is that Roth conversions are not taxable to the...
by Maple
Tue Feb 26, 2019 12:53 am
Forum: Personal Investments
Topic: GE Wabco Merger
Replies: 40
Views: 7210

Re: GE Wabco Merger

... https://www.reuters.com/article/us-getransportation-m-a-wabtec-idUSKCN1IM12I "The deal is tax-free for GE and Wabtec shareholders because it is structured as a so-called Reverse Morris Trust, with GE spinning off the transportation unit and simultaneously merging it with Wabtec. The transaction...
by Maple
Thu Feb 21, 2019 9:16 pm
Forum: Non-US Investing
Topic: IWDA/BND portfolio - looking for improvement advice
Replies: 7
Views: 742

Re: IWDA/BND portfolio - looking for improvement advice

Flippyxiii wrote:
Thu Feb 21, 2019 5:00 pm
... Be aware of US capital gain tax for non-resident allien,if you are planning to use BND ...
There are no US capital gains taxes for non-resident aliens.
by Maple
Mon Feb 11, 2019 4:09 am
Forum: Non-US Investing
Topic: Keeping US Bank Accounts After Filing W8-BEN
Replies: 1
Views: 340

Re: Keeping US Bank Accounts After Filing W8-BEN

So, as a followup to my question on whether or not file a W8-BEN with my US banks, does anybody have any experience filing with their bank? Have you had the account closed because they don't want to deal with the hassle? Have you been able to keep the account? I have 3 that I would like to keep - C...
by Maple
Sat Feb 09, 2019 11:03 am
Forum: Non-US Investing
Topic: US W8-BEN - Must You File One?
Replies: 13
Views: 1282

Re: US W8-BEN - Must You File One?

So, is it required to file a W8-BEN form? I have a few US bank accounts and am soon to become a US NRA. Do I need to file a W8-BEN with those banks? Bank account and CD interest is not subject to US taxes for a NRA. Is there any downside to not filing a W8-BEN? The upside to not filing is that I'm ...
by Maple
Fri Jan 18, 2019 10:42 pm
Forum: Non-US Investing
Topic: Interactive Broker Tax on dividends concerns for NRA and Ireland domicile ETFs
Replies: 35
Views: 2744

Re: Interactive Broker Tax on dividends concerns for NRA and Ireland domicile ETFs

HI Ted. Is there any "interest income" taxes on non-USA domicled bonds in an Ireland domicled bond ETF? E.g. the non-USA bonds in AGGU? We've never owned anything but USA bonds (SUAG, VDTY, VDCP and IDTP). Do you own any non=USD bonds? Hi galeno. I'm a NRA investor in the Ireland domiciled internat...
by Maple
Sun Oct 07, 2018 11:23 pm
Forum: Personal Consumer Issues
Topic: U.S. mailing address/forwarding for expats
Replies: 28
Views: 4223

Re: U.S. mailing address/forwarding for expats

This may be more a question for expats (which I'll become in less than two weeks) or RV travelers: What service have you found reliable to use as a U.S. mailing address, including occasional mail forwarding? I'm moving to Mexico, where the local mail service is terrible. So I'd like an address I ca...
by Maple
Sun Jun 24, 2018 1:31 pm
Forum: Investing - Theory, News & General
Topic: Hidden Index Bubble - I'd love to hear some thoughts!
Replies: 27
Views: 3069

Re: Hidden Index Bubble - I'd love to hear some thoughts!

Imagine this: A country has a stock market with a combined market cap of $300 billion. It has 100 listed stocks ranging from $30 billion for the largest to $100 million for the smallest. The stock market has a daily trading volume of $1 billion. No fund providers offer index funds, so 0% of the sto...
by Maple
Sun Jun 10, 2018 8:55 pm
Forum: Non-US Investing
Topic: Non-USA Domicile: Thank You IB, Vanguard, and Ishares
Replies: 32
Views: 4686

Re: Non-USA Domicile: Thank You IB, Vanguard, and Ishares

Lyxor also lowered their fees for some ETFs: Source: https://portfolio-adviser.com/cheapest-etf-europe-launches/ RME, Thanks for sharing this information. I was not previously aware of these funds. The more price and diversity competition, the better, for NRA investors! One quote from the news link...
by Maple
Sun Jun 10, 2018 8:32 pm
Forum: Non-US Investing
Topic: Non-USA Domicle Question Re Interest Income Withholding Taxes
Replies: 22
Views: 2493

Re: Non-USA Domicle Question Re Interest Income Withholding Taxes

This thread has been very informative. I was told MANY times that because we have NO relationship with the USA other than using a USA domicled broker (i.e. no income, properties, bank accounts etc in the USA) we have NO recourse to get any of the 30% USA-NRA withholding taxes back ... galeno, That ...
by Maple
Sun Jun 10, 2018 7:57 pm
Forum: Non-US Investing
Topic: Non-USA Domicle Question Re Interest Income Withholding Taxes
Replies: 22
Views: 2493

Re: Non-USA Domicle Question Re Interest Income Withholding Taxes

Maple, probably of notice would be the following: I as NRA have BIV (Vanguard Intermediate Bond, US-domicile) in my port directly. They charge me regular tax treaty rate on BIV monthly payments. Than every year in March I get reconciliation for the previous year, with about 80% of BIV payments recl...
by Maple
Sun Jun 10, 2018 2:34 pm
Forum: Non-US Investing
Topic: US OTC market for Irish ETFs (NRA question)
Replies: 13
Views: 1021

Re: US OTC market for Irish ETFs (NRA question)

... On taxes of distribution - the natural way would be "no withholding", but you never know. I intend to find out through my IHPCF (IDUS in disguise) test purchase. Kesev, According to the iShares website ( https://www.ishares.com/uk/individual/en/products/251900/?referrer=tickerSearch#/ ), IDUS h...
by Maple
Sun Jun 10, 2018 2:24 pm
Forum: Non-US Investing
Topic: US OTC market for Irish ETFs (NRA question)
Replies: 13
Views: 1021

Re: US OTC market for Irish ETFs (NRA question)

I'm lost. Why would ANYBODY want to trade Ireland domicled ETFs on the USA OTC when one could trade them directly on the LSE? I BELIEVE that the most popular Ireland domicled ETFs can also be traded directly on other stock exchanges. I'm not sure ... Hi, I am Non-Resident Alien. Having read the for...
by Maple
Sun Jun 10, 2018 2:17 pm
Forum: Non-US Investing
Topic: US OTC market for Irish ETFs (NRA question)
Replies: 13
Views: 1021

Re: US OTC market for Irish ETFs (NRA question)

I've compiled a list of US OTC tickers for iShares and Vanguard Ireland-domiciled ETFs (I tried to include only USD nominated). But please check for yourself, it is not intended to be authoritative. OTC Pink will usually have more volume, evidently. ETFs that may present broad interest (solely in m...
by Maple
Sat Jun 09, 2018 1:29 pm
Forum: Non-US Investing
Topic: US OTC market for Irish ETFs (NRA question)
Replies: 13
Views: 1021

Re: US OTC market for Irish ETFs (NRA question)

... I have found though that most popular Ireland-domiciled ETFs are traded through US OTC - but under different tickers. I even did a test buy for IDUS (iShares S&P 500 UCITS ETF USD Dist) which is being traded OTC as IHPCF. And the fee for buying that way is regular Citi fee (outrageous 0,2% by t...
by Maple
Tue Jun 05, 2018 9:56 pm
Forum: Non-US Investing
Topic: Non-USA Domicile: Thank You IB, Vanguard, and Ishares
Replies: 32
Views: 4686

Re: Non-USA Domicile: Thank You IB, Vanguard, and Ishares

BlackRock / iShares, just announced a reduction in the expense ratios for some of its UK/Irish domiciled ETFs. Price competition is occurring in Europe, hopefully it will continue aggressively as it has in the USA. http://citywire.co.uk/wealth-manager/news/blackrock-cuts-charges-on-multi-billion-etf...
by Maple
Mon Jun 04, 2018 2:40 pm
Forum: Non-US Investing
Topic: Non-USA Domicle Question Re Interest Income Withholding Taxes
Replies: 22
Views: 2493

Re: Non-USA Domicle Question Re Interest Income Withholding Taxes

We used Schwab International for 11 years and paid the horrible USA-NRA taxes. We're much happier using IB and using Ireland domiciled ETFs. Understood, perhaps some of that could be refundable? Personally, I'm indifferent regarding the origin of the fees (taxes, management expenses, trading costs,...
by Maple
Mon Jun 04, 2018 12:37 pm
Forum: Non-US Investing
Topic: Non-USA Domicle Question Re Interest Income Withholding Taxes
Replies: 22
Views: 2493

Re: Non-USA Domicle Question Re Interest Income Withholding Taxes

There can certainly be niche circumstances where US domiciled funds could be cheaper for NRAs purely from a total fee perspective than Ireland domiciled ones. However, for investors in the 180 or so countries lacking a US estate tax treaty , ignoring US estate tax risk means that AGG and IUAG are n...
by Maple
Mon Jun 04, 2018 4:00 am
Forum: Non-US Investing
Topic: Non-USA Domicle Question Re Interest Income Withholding Taxes
Replies: 22
Views: 2493

Re: Non-USA Domicle Question Re Interest Income Withholding Taxes

I know that non-USA domiciled investors w/o a USA tax treaty buying and holding equity ETFs on the LSE will pay a DIVIDEND income withholding tax of 15% for USA domicled equities, 7.5% for non-USA developed country equities, and 11.2% for EM equities. Is there an INTEREST income withholding tax for...
by Maple
Mon Feb 26, 2018 8:55 pm
Forum: Personal Consumer Issues
Topic: Venezuela report Dec 15 2013
Replies: 42
Views: 4162

Re: Venezuela report Dec 15 2013

Update.... My life situation has changed fairly radically over the past 4 years, and because of that , I have not been back to Margarita Island since 2015. I bought my place pre-Chavez for about $50K. My condo fees, taxes and utilities cost me only a couple of hundred dollars a year, so I have no p...
by Maple
Wed Feb 21, 2018 11:39 pm
Forum: Personal Consumer Issues
Topic: Venezuela report Dec 15 2013
Replies: 42
Views: 4162

Re: Venezuela report Dec 15 2013

I just returned to my winter paradise home on Margarita Island , Venezuela. When I left in May the black market exchange was approx. 20 bolivars/dollar. It is now 60 bolivars/dollar. The bolivar is worth about 1/10,000th what it was worth when I bought my place here in 1994 ... Protagonist, I stumb...
by Maple
Thu Apr 20, 2017 12:21 am
Forum: Non-US Investing
Topic: Which brokers trade dollar listed ETFs on London Stock Exch
Replies: 50
Views: 8220

Re: Which brokers trade dollar listed ETFs on London Stock Exch

Hi, I'm sorry for raising the same issue in several posts, but I think it's in the best interests of everyone here. I am in the same position as you guys- not a US citizen, investing via IB in Irish-domiciled ETFs, in order to avoid US estate tax. However, I recently found out that one of the huge ...
by Maple
Sun Apr 16, 2017 10:39 pm
Forum: Non-US Investing
Topic: Help to build a three fund portfolio with non-US ETF
Replies: 21
Views: 4907

Re: Help to build a three fund portfolio with non-US ETF

IShares has recently launched the accumulating version of SUAG. This is good news for those of us non us-tax treaty NRAs who need to use accumulating Bond ETFs for tax purposes. https://www.ishares.com/uk/individual/en/products/287339/ishares-us-aggregate-bond-ucits-etf-usd-(acc)-fund Agreed, good ...
by Maple
Sat Mar 11, 2017 9:32 pm
Forum: United Arab Emirates
Topic: Live off portfolio NOW (non US)
Replies: 48
Views: 10015

Re: Live off portfolio NOW (non US)

I'm interested in researching the UCITS ETFs to learn more about what is available. Is there a screener website, or two, generally viewed as being the best for aggregating/sorting/screening all the UCITS ETFs? I can go to the individual fund family pages (iShares, Vanguard, etc.), but was hoping a s...
by Maple
Sun Feb 19, 2017 6:11 pm
Forum: United Arab Emirates
Topic: Live off portfolio NOW (non US)
Replies: 48
Views: 10015

Re: Live off portfolio NOW (non US)

You are buying an ETF which is a financial product in itself. If it's domiciled in US, it's a US product no matter what it holds inside and you get taxed 30% on dividends from such a product ... Tylenol Jones, Thanks for your reply. I think I understand your statement and I also think I understand ...
by Maple
Sat Feb 18, 2017 8:18 pm
Forum: United Arab Emirates
Topic: Live off portfolio NOW (non US)
Replies: 48
Views: 10015

Re: Live off portfolio NOW (non US)

galeno, You are a great source of information on NRA investing. Thanks for sharing your experience with us. I read the links you suggested, and many other posts. Start your reading here: https://www.bogleheads.org/wiki/Outline_of_international_domiciles ... Forget USA domiciled MF or ETFs. Bad idea....
by Maple
Thu Feb 16, 2017 6:49 pm
Forum: Non-US Investing
Topic: Vanguard and correct withholding rates for foreign persons
Replies: 3
Views: 804

Re: Vanguard and correct withholding rates for foreign persons

... In case anyone is curious about the outcome: I called Vanguard. Their system appears to consider the distributions (from BND, and from the money market fund) as "Dividends" rather than interest, and thus withholds 15% ... This is going to be my first year getting relevant tax reporting from Van...
by Maple
Thu Feb 16, 2017 6:48 am
Forum: Non-US Investing
Topic: Wiki Review: NRA taxes & Ireland funds articles
Replies: 31
Views: 6832

Re: Wiki Review: NRA taxes & Ireland funds articles

Hello fellow Bogleheads! I am a first-time poster and want to express my highest compliments to all the forum members, particularly the moderators and knowledgeable contributors, who make this forum so useful. I am new to NRA investing (tax residence = Philippines with 25% dividend and 15% interest ...