Search found 3048 matches

by TedSwippet
Wed Sep 23, 2020 6:20 am
Forum: Non-US Investing
Topic: Suddenly discovered Estate Tax
Replies: 9
Views: 1763

Re: Suddenly discovered Estate Tax

I don't see how this exclusion can be applied to all investment holdings held via a UK-based broker. Yeah, in practice you probably won't even need this exclusion. It applies to any UK domiciled OEICs and unit trusts you might hold in a UK based broker. If you hold Ireland domciled ETFs in a UK bas...
by TedSwippet
Wed Sep 23, 2020 3:00 am
Forum: Non-US Investing
Topic: Suddenly discovered Estate Tax
Replies: 9
Views: 1763

Re: Suddenly discovered Estate Tax

In particular- if one is British- there is a need to consider whether a U.K. domicile (in fact a domicile in England/Wales, Scotland or Northern Ireland) is held or not, and whether the conclusion could be upheld if investigated by HM Revenue and Customs. This is especially the case if there are U....
by TedSwippet
Tue Sep 22, 2020 9:52 am
Forum: Non-US Investing
Topic: Suddenly discovered Estate Tax
Replies: 9
Views: 1763

Re: Suddenly discovered Estate Tax

Welcome. 1. Will this solve the estate tax problem? Yes. However, there is a possibility that you don't actually have a problem. There is indeed no US/Israel estate tax treaty, but there is a US/UK estate tax treaty. And unusually, the US/UK estate tax treaty appears to cover UK citizens ("nationals...
by TedSwippet
Mon Sep 21, 2020 10:55 am
Forum: Non-US Investing
Topic: UK tax resident investing for retirement in EU
Replies: 3
Views: 402

Re: UK tax resident investing for retirement in EU

Touch wood, this sounds then like it might be quite straightforward then (ignoring any Brexit complications): pensions taxed at source, ISA's unwrapped and no crazy exit taxes. After moving to France I can continue with same EUR currency portfolio. Seems so. Though "pensions taxed at source" looks ...
by TedSwippet
Mon Sep 21, 2020 8:02 am
Forum: Non-US Investing
Topic: Wiki - Investing from India
Replies: 27
Views: 1681

Re: Wiki - Investing from India

LadyGeek wrote: Mon Sep 21, 2020 7:57 am With no further comments, the page is now "live" in the wiki. See: Investing from India
You beat me to the task! Looks good. Thanks.
by TedSwippet
Mon Sep 21, 2020 5:27 am
Forum: Non-US Investing
Topic: Expat and currency exchange
Replies: 16
Views: 1682

Re: Expat and currency exchange

I'm a U.S. expat and have never used Transferwise so these may be false worries but I would be interested to open an account, but I just don't really fancy yet more FBAR entries. Well, if you can bump things up so that you hold 25 or more foreign accounts, you can pretty much avoid reporting any de...
by TedSwippet
Mon Sep 21, 2020 2:52 am
Forum: Non-US Investing
Topic: Irish gift tax or inheritance tax
Replies: 2
Views: 419

Re: Irish gift tax or inheritance tax

Welcome. I have a doubt about irish inheritance tax. According to boglehead "Non-residents of Ireland are not liable to Irish gift tax or inheritance tax" (source: https://www.bogleheads.org/wiki/Nonresident_alien_investors_and_Ireland_domiciled_ETFs#Why_invest_in_Ireland_domiciled_ETFs_as_an_NRA.3F...
by TedSwippet
Mon Sep 21, 2020 2:34 am
Forum: Non-US Investing
Topic: UK tax resident investing for retirement in EU
Replies: 3
Views: 402

Re: UK tax resident investing for retirement in EU

I'm considering a move back to UK and trying to understand how as a UK tax-resident I should invest for a retirement in EU, likely France (my home country). Ideally I think I need a Euro-denominated offshore fund that is "HMRC reporting" for efficient tax investing while in UK. Does such a fund (Eu...
by TedSwippet
Sun Sep 20, 2020 5:16 pm
Forum: Investing - Theory, News & General
Topic: Reasons to invest internationally, or not.
Replies: 191
Views: 10656

Re: Reasons to invest internationally, or not.

Regarding the discussion of foreign tax withholding: Foreign companies withhold some of the cash owed to U.S. investors to pay taxes on those dividends. And these tax rates can be rather punitive. Countries like Germany, Switzerland, and Australia can levy institutional tax rates on dividends of 30...
by TedSwippet
Sun Sep 20, 2020 10:38 am
Forum: Non-US Investing
Topic: Wiki - Investing from India
Replies: 27
Views: 1681

Re: Wiki - Investing from India

So ... it's been a few weeks now since I or anybody else updated this page. Investing from India While it may not yet contain everything that everybody expects, do we think it is at least ready enough to move to the Main wiki and take its place among the other country-specific pages? Outline of Non-...
by TedSwippet
Fri Sep 18, 2020 4:24 pm
Forum: Non-US Investing
Topic: International diversification and exchange rate hedging during retirement??
Replies: 3
Views: 496

Re: International diversification and exchange rate hedging during retirement??

After retirement I'm considering moving, say, 1/2 of our retirement funds incrementally (a fixed sum each month) to Ireland or other Euozone country where it can be used to generate income in Euros and investing in this kind of Vanguard Eurozone Government Bond ETF: https://americas.vanguard.com/in...
by TedSwippet
Fri Sep 18, 2020 6:49 am
Forum: Non-US Investing
Topic: US expats: Moving from non-EU country to EU, getting locked out from US ETFs, esp. with IBKR
Replies: 31
Views: 1502

Re: US expats: Moving from non-EU country to EU, getting locked out from US ETFs, esp. with IBKR

I don't see why using them would be a problem if they open an account for you. But just because I don't see it doesn't mean it couldn't be there. I don't know what kind of entanglement you'd be in if the broker got in hot water. A normally frozen account can be transferred in-kind, but I personally...
by TedSwippet
Fri Sep 18, 2020 3:09 am
Forum: Non-US Investing
Topic: US expats: Moving from non-EU country to EU, getting locked out from US ETFs, esp. with IBKR
Replies: 31
Views: 1502

Re: US expats: Moving from non-EU country to EU, getting locked out from US ETFs, esp. with IBKR

A US expat living in Europe, can't buy ETFs with a US broker? At least if you already had the account, no? Well, yes, except that the topic author does not have an account with a purely US broker, and appears unable to find one that will take them. US brokers that have cross-border operations, such...
by TedSwippet
Fri Sep 18, 2020 2:49 am
Forum: Non-US Investing
Topic: Brexit Planning message from IB to EU customers
Replies: 16
Views: 1413

Re: Brexit Planning message from IB to EU customers

Also I don't know what the "NA" means. Me neither, so I did a bit of digging. https://en.wikipedia.org/wiki/National_bank#United_States In the modern United States, the term national bank has a precise meaning: a banking institution chartered and supervised by the Office of the Comptroller of the C...
by TedSwippet
Thu Sep 17, 2020 2:43 pm
Forum: Non-US Investing
Topic: US expats: Moving from non-EU country to EU, getting locked out from US ETFs, esp. with IBKR
Replies: 31
Views: 1502

Re: US expats: Moving from non-EU country to EU, getting locked out from US ETFs, esp. with IBKR

3 solutions 1 stay clear from the EU,move to Asia or Singapore or Oceania 2 keep your old South American address and stay as is 3 get an us address A few other options also spring to mind. Maybe ... 4. See if Schwab US or another US broker not adhering to or covered by PRIIPs rules will offer an ac...
by TedSwippet
Wed Sep 16, 2020 10:58 am
Forum: Non-US Investing
Topic: US Expat with Australian Superannuation fund
Replies: 9
Views: 765

Re: US Expat with Australian Superannuation fund

That's a rubbish article. It states: Any US tax paid on superannuation contributions, earnings, or rollovers will not be offset by a tax credit for Australian tax paid because these are tax-free transactions in Australia. Similarly, any US tax due on distribution to a retiree over the age of 60 wil...
by TedSwippet
Mon Sep 14, 2020 5:52 pm
Forum: Non-US Investing
Topic: New to investing (Chile)
Replies: 22
Views: 1291

Re: New to investing (Chile)

Also, sorry to ask but, what is the difference between hedged or non-hedged? (which one would be better?) There is a long article here that describes what currency hedging is, and why you might want it: How does currency hedging of foreign bond UCITS ETFs work? The summary is: If you hold assets th...
by TedSwippet
Mon Sep 14, 2020 11:48 am
Forum: Non-US Investing
Topic: Diversification beyond SRI ETF [US ex-pat in UK]
Replies: 10
Views: 653

Re: Diversification beyond SRI ETF [US ex-pat in UK]

So, I guess I should update the question then.This will be in my wife's account which will mixed between taxable and tax-free ISA. She has no other investments and no debt. Would this still be a good diversification strategy? Likely a decent enough strategy. The UK has a £2k/year tax-free dividend ...
by TedSwippet
Mon Sep 14, 2020 8:46 am
Forum: Non-US Investing
Topic: Diversification beyond SRI ETF [US ex-pat in UK]
Replies: 10
Views: 653

Re: Diversification beyond SRI ETF [US ex-pat in UK]

Welcome. My investment philosophy involves investing in sustainable investment ETFs. The ETF that most closely aligns with my values is iShares MSCI World SRI UCITS ETF ( SUSW ). ... I'm afraid that your US citizenship will trigger draconian and punitive US tax rules that will make it untenable for ...
by TedSwippet
Sat Sep 12, 2020 6:37 am
Forum: Non-US Investing
Topic: New to investing (Chile)
Replies: 22
Views: 1291

Re: New to investing (Chile)

Welcome. I have been reading the wiki and other sources every now and then, trying to figure out where to invest but I haven’t been able to decide yet. Lately, I was thinking in going for the CSPX but reading the forums I saw that maybe going global would be better since it is like 55% USA anyways a...
by TedSwippet
Fri Sep 11, 2020 5:10 pm
Forum: Non-US Investing
Topic: Uk investor planning for early retirement
Replies: 17
Views: 1035

Re: Uk investor planning for early retirement

Hello thank you very much for saying this as you are right and I know i am all over the place this is why I asked haha. ... From what you are saying I might be looking at it all wrong. Not all wrong, but perhaps approaching it backwards. But then, lots of people do this, so don't beat yourself up. ...
by TedSwippet
Fri Sep 11, 2020 3:09 pm
Forum: Non-US Investing
Topic: Uk investor planning for early retirement
Replies: 17
Views: 1035

Re: Uk investor planning for early retirement

Welcome to the forum. I also decided to invest in the S&P 500 ETF as I didnt see the option to invest in a world index fund VTSAX. Is there one for us uk investors to invest in? ... The fund I chose with aviva is the "aviva pensions International index tracking S2" this is what I changed it to last ...
by TedSwippet
Fri Sep 11, 2020 11:39 am
Forum: Non-US Investing
Topic: savings account instead of bonds
Replies: 25
Views: 2481

Re: savings account instead of bonds

...As I say, if interest rates stay the same (or rise) you are going to be glad you were in a HY savings account. If they fall further, you are going to wish you were in bonds. That's what modified duration means. Isn't it better if the interest rates rise better for investors? Since u will get mor...
by TedSwippet
Fri Sep 11, 2020 7:55 am
Forum: Non-US Investing
Topic: Portfolio Advice - UK SIPP & ETFs for regular saving?
Replies: 2
Views: 212

Re: Portfolio Advice - UK SIPP & ETFs for regular saving?

Welcome. A couple of quick thoughts, then I'll leave it to others to chime in with more detail. (1) Is it wise to include ETFs as part of regular (monthly) investing strategy (dollar cost averaging) with such low monthly investments? Not necessarily. Some platforms have cheap charges for regular inv...
by TedSwippet
Fri Sep 11, 2020 6:55 am
Forum: Non-US Investing
Topic: Interactive Brokers: domicile, insurance, taxes
Replies: 5
Views: 791

Re: Interactive Brokers: domicile, insurance, taxes

Welcome. I'm not an IB customer, so I don't know some of the specifics, but I've put a few notes below that should help put your mind at ease. Are my purchases handled by IB LLC or by IBUK? Does this matter in practice? Mostly not, but there is one combination to watch out for. If you hold a US brok...
by TedSwippet
Thu Sep 10, 2020 2:58 am
Forum: Non-US Investing
Topic: How can foreigners invest in S&P, Japan and China 500
Replies: 12
Views: 980

Re: How can foreigners invest in S&P, Japan and China 500

I know i have tax benefits if i invest in stocks and etf of my own country but why US ETF would be "not suitable" if i don't live in the US? As already noted above, the reason is tax. Specifically, US tax . Just because you can buy US domiciled ETFs, does not mean that you should buy them. As well ...
by TedSwippet
Wed Sep 09, 2020 6:21 pm
Forum: Non-US Investing
Topic: How can foreigners invest in S&P, Japan and China 500
Replies: 12
Views: 980

Re: How can foreigners invest in S&P, Japan and China 500

VOO (US), EWJ (Japan), FXI (China). You might consider a total world fund like VT as well. None of these is suitable for a resident of a country without US tax treaties. African investors should almost certainly use EU domiciled UCITS equivalents. For example VUSD (US), VJPN (Japan), ICHN (China), ...
by TedSwippet
Mon Sep 07, 2020 2:08 am
Forum: Non-US Investing
Topic: 401k And The UK Pension Lifetime Allowance
Replies: 6
Views: 633

Re: 401k And The UK Pension Lifetime Allowance

Welcome. I have a similar question. I am a UK citizen and a US resident. I have old defined pension plan and defined contribution plan in the UK that add up to an LTA of 27%. I also have a 401k pot in the US and a defined benefit plan in the US. Do the 401k pot and US defined benefit plan need to be...
by TedSwippet
Sun Sep 06, 2020 8:52 am
Forum: United Arab Emirates
Topic: Investing in US domiciled Stocks
Replies: 4
Views: 1807

Re: Investing in US domiciled Stocks

Welcome. My question is, in the event of my (or my wife's) untimely demise, what happens if I just close all my positions immediately and cash out, or buy an Irish-domiciled ETF and then cash out? Would IB ask me why I'm cashing out? Would I be able to close the account after cashing out? Although w...
by TedSwippet
Sun Sep 06, 2020 5:49 am
Forum: Non-US Investing
Topic: Questions on SIPP (UK)
Replies: 3
Views: 282

Re: Questions on SIPP (UK)

I am 50, I never had a SIPP, but I have started to read about this type of scheme. ... Just FYI, we have a wiki page specifically for UK personal pensions. It covers SIPPs, and also most of the rules around allowances, drawdown and so on, and hopefully should provide links/references to a reasonabl...
by TedSwippet
Sun Sep 06, 2020 3:13 am
Forum: Non-US Investing
Topic: Any ex-US world ETF
Replies: 20
Views: 1934

Re: Any ex-US world ETF

By owning S&P futures I only have to pay the cost of rolling the contracts which shouldn't be too bad. I'm in Hong Kong and pay no capital gain taxes so as far as I understand futures would be cheaper than any ETF. Have you considered simply trading around the ETF ex-dividend dates, so that you sel...
by TedSwippet
Sun Sep 06, 2020 3:08 am
Forum: Non-US Investing
Topic: Any ex-US world ETF
Replies: 20
Views: 1934

Re: Any ex-US world ETF

I think there is an IRS guidance that warrants synthetic etfs to the same "virtual" tax treatment as replicated etfs. Section 871(m)? https://www2.deloitte.com/ch/en/pages/financial-services/articles/section-871-m-of-internal-revenue-code.html IRC Section 871(m) has been enacted to ensure that non-...
by TedSwippet
Fri Sep 04, 2020 12:25 pm
Forum: Non-US Investing
Topic: UK SIPP Pension Freedom age raised to 57 - How does it affect your plan
Replies: 10
Views: 735

Re: UK SIPP Pension Freedom age raised to 57 - How does it affect your plan

News in the FT today about the UK SIPP pension freedom age raised to 57 from 2028, rationale being few reckless spenders have no plan and spend too much too soon. As someone who was planning to retire early with an eye on drawing down just after 2028 means going back to drawing board and possibly w...
by TedSwippet
Fri Sep 04, 2020 6:44 am
Forum: Non-US Investing
Topic: Corporate Accounts with IBKR
Replies: 4
Views: 323

Re: Corporate Accounts with IBKR

But what if we create or buy a corporation from Nevada or Delaware? Theoretically we'd have access to USA domiciled ETFs without withholding taxes and without the harsh USA-NRA inheritance taxes. What are the downsides? My guess , based on very limited knowledge, is that while this might bypass the...
by TedSwippet
Fri Sep 04, 2020 3:10 am
Forum: Spain
Topic: Feedback on EU portfolio build for long term investment [Spain]
Replies: 4
Views: 507

Re: Feedback on EU portfolio build for long term investment [Spain]

Welcome. 60% Vanguard U.S. 500 Stock Index Fund Investor EUR Accumulation https://www.morningstar.es/es/funds/snapshot/snapshot.aspx?id=F0GBR04G0F 40% Vanguard 20+ Year Euro Treasury Index Fund EUR Acc https://www.morningstar.es/es/funds/snapshot/snapshot.aspx?id=F000001GFI What makes you so certain...
by TedSwippet
Thu Sep 03, 2020 7:32 am
Forum: Non-US Investing
Topic: How will you describe your investing journey so far?
Replies: 51
Views: 3830

Re: How will you describe your investing journey so far?

What things do you regret since your investment journey? Do you regularly check your portfolio and watch the daily ups and downs? Regrets is an interesting one. Not many, but one I could mention is not stopping work to live on investments sooner than I did. I had the money to do this around four or...
by TedSwippet
Thu Sep 03, 2020 2:39 am
Forum: Non-US Investing
Topic: Wiki - Investing from India
Replies: 27
Views: 1681

Re: Wiki - Investing from India

Will this page be added to https://www.bogleheads.org/wiki/Outline_of_Non-US_domiciles ? Absolutely yes, once completed and ready. My suggested edits: ----------------------------------- Under section Savings and investing in India 9. Additional Tax benefits for mutual fund investments RGLESS: This...
by TedSwippet
Thu Sep 03, 2020 2:14 am
Forum: Non-US Investing
Topic: IB Doesn't Like Panama Anymore [Interactive Brokers]
Replies: 33
Views: 2828

Re: IB Doesn't Like Panama Anymore [Interactive Brokers]

What is your actual question? There are no question marks in either of your posts so far. I would call this a "public service announcement". There is no requirement for a post to be a question , only that it be civil and respectful, investment-related, non-political, without solicitation, and actio...
by TedSwippet
Wed Sep 02, 2020 5:37 pm
Forum: Non-US Investing
Topic: How will you describe your investing journey so far?
Replies: 51
Views: 3830

Re: How will you describe your investing journey so far?

What lessons you have learned over the time of your investment journey? It's exciting at the start, then after a year or so it becomes fairly routine, borderline boring, and stays that way for a relatively long stretch. This is the good bit. :-) As balances rise it can start to become a bit of a he...
by TedSwippet
Wed Sep 02, 2020 8:25 am
Forum: Non-US Investing
Topic: Wiki - Investing from India
Replies: 27
Views: 1681

Re: Wiki - Investing from India

I have edited this page somewhat to improve the way it represents tabular data, added several links to providers, and so on. I note that Barry Barnitz has also improved table rendering. I have also updated the India template to explicitly exclude US persons living in India. Thank you for doing this....
by TedSwippet
Tue Sep 01, 2020 12:34 pm
Forum: Non-US Investing
Topic: US Expat in Germany
Replies: 6
Views: 549

Re: US Expat in Germany

Vangaurd Germany site - good selection of funds with okay expense ratios. https://www.de.vanguard/privatanleger/home/de Unfortunately, everything offered on this site will be, for a US citizen, a " to be avoided at all costs " PFIC . General Bogleheads link for Germany - https://www.bogleheads.org/...
by TedSwippet
Tue Sep 01, 2020 11:24 am
Forum: Non-US Investing
Topic: How to determine the dividend yield for accumulating ETFs?
Replies: 8
Views: 652

Re: How to determine the dividend yield for accumulating ETFs?

So it's not possible to know how much dividends are re-invested quarterly? Quarterly , perhaps not precisely, though you might be able to infer it from the actions of similar distributing ETFs. Annually , you can discern it from the iShares (or other provider) annual reports. In a real sense though...
by TedSwippet
Tue Sep 01, 2020 10:23 am
Forum: Non-US Investing
Topic: UK - What is your choice of equity funds
Replies: 19
Views: 1023

Re: UK - What is your choice of equity funds

I used these for my mother's SIPP; VWRL global equity, VVAL global value, SPGP gold producers, SGLN physical gold, IGLS 0-5yr UK gilts. Not familiar with the others, but VWRL pays dividends in USD , even though it is traded in GBP. A platform may convert these seamlessly, so that there's no visibil...
by TedSwippet
Tue Sep 01, 2020 10:15 am
Forum: Non-US Investing
Topic: How to determine the dividend yield for accumulating ETFs?
Replies: 8
Views: 652

Re: How to determine the dividend yield for accumulating ETFs?

Should not the dividend yield and date of distributing fund be equal to accumulating? The only difference being reinvestment. It would if this ETF , SWDA, had a direct distributing alter-ego. Unfortunately, it does not. It's only other two facets are distributing, but both are currency hedged (IWLE...
by TedSwippet
Tue Sep 01, 2020 6:18 am
Forum: Non-US Investing
Topic: UK - What is your choice of equity funds
Replies: 19
Views: 1023

Re: UK - What is your choice of equity funds

One other challenge I have run into with VEVE is that the distributions in the investment account are in US$. So in addition to the spread, I'm also getting hosed on the exchange rate by Interactive Investor whenever the fund distributes dividends. I was following advice from others here that one s...
by TedSwippet
Tue Sep 01, 2020 6:03 am
Forum: Non-US Investing
Topic: How to determine the dividend yield for accumulating ETFs?
Replies: 8
Views: 652

Re: How to determine the dividend yield for accumulating ETFs?

Note therefore you should, in the UK, not hold Accumulating funds outside of a pension or ISA. The tax complications could be nightmarish (let alone figuring out what your book cost was for Capital Gains Tax purposes). In the UK at least, they should only be held in tax protected accounts. Useful r...
by TedSwippet
Mon Aug 31, 2020 9:16 am
Forum: Non-US Investing
Topic: US citizen investing in India
Replies: 28
Views: 1854

Re: US citizen investing in India

when you say I am above the minimums I am assuming you are saying the total interest earned correct ? or are you saying principal plus total interest earned? The latter. It is the balance in the account at the end of the year that would let you off form 8621, if low enough. This form's instructions...
by TedSwippet
Mon Aug 31, 2020 2:28 am
Forum: Non-US Investing
Topic: US citizen investing in India
Replies: 28
Views: 1854

Re: US citizen investing in India

Actually, there are minimums which you can be below and have no need to file. Thank you for the correction. I'll fix the post upthread. The topic author's holding here is apparently above these minimums. I suppose another worry is Schedule B part III for any foreign accounts? The " You must complet...
by TedSwippet
Sun Aug 30, 2020 12:21 pm
Forum: Non-US Investing
Topic: US citizen investing in India
Replies: 28
Views: 1854

Re: US citizen investing in India

Thanks for the update. i looked at the 8938 form instructions and this is what I see. I do not satisfy the 3rd condition. I file joint returns and by assets in India are under $100,000 for the given calendar year and has been that way since the last 10 yrs. I guess once they begin to go over that t...
by TedSwippet
Sun Aug 30, 2020 11:00 am
Forum: Non-US Investing
Topic: US citizen investing in India
Replies: 28
Views: 1854

Re: US citizen investing in India

ok but I am a US citizen living in US and have paid all my taxes for my US income every year. The link you gave me speaks of "For US citizens living abroad" AND "For non-US citizens living in the US". I am neither. I a US citizen living and working and paying taxes in US. ... Good catch, thanks. I ...