Search found 3645 matches

by TedSwippet
Sun Jul 25, 2021 1:36 pm
Forum: Personal Finance (Not Investing)
Topic: Parents (non-US) want to invest 50% of their retirement in USD via me (US)
Replies: 15
Views: 1963

Re: Parents (non-US) want to invest 50% of their retirement in USD via me (US)

From a US perspective: -Capital gains are not taxes in US, only in residence country (Mexico) -Dividends are taxed flat at 30% in US, no tax declaration needed Residents of Mexico can use the US/Mexico tax treaty to obtain a 10% flat US tax rate on dividends paid by US corporations (including US do...
by TedSwippet
Sun Jul 25, 2021 2:35 am
Forum: Non-US Investing
Topic: VOO vs VUSD
Replies: 6
Views: 905

Re: VOO vs VUSD

There will be a small expected performance difference, visible in the linked chart as 0.89% (combined theoretical expected difference with some market noise), due to differing tax treatment of distributions. We expect the annual published return difference to be: S&P500 dividend yield * 15% Ove...
by TedSwippet
Thu Jul 22, 2021 1:32 pm
Forum: Non-US Investing
Topic: Need advice on moving investments from Europe to the US without triggering short term capital gains taxes.
Replies: 2
Views: 293

Re: Need advice on moving investments from Europe to the US without triggering short term capital gains taxes.

recently got married to a European citizen who has money invested in Europe. Most of it is VWRA held in an Interactive Broker's account. The problem is that my wife will now be considered a US tax resident and holding foreign investments would expose her to the hassles of ownership of a Passive For...
by TedSwippet
Wed Jul 21, 2021 11:08 am
Forum: Non-US Investing
Topic: Building a simple European ETF portfolio
Replies: 11
Views: 1120

Re: Building a simple European ETF portfolio

Still no responses to my original request. I find the non-US investing board less frequented than the general US board. You could re-post on a US board. Perhaps that will garner more responses, though you will have to be very careful to filter there for US-specific notions that will have no relevan...
by TedSwippet
Wed Jul 21, 2021 9:18 am
Forum: Personal Finance (Not Investing)
Topic: [US] Expat retiring in India
Replies: 17
Views: 2129

Re: [US] Expat retiring in India

I am a US citizen planning to retire in India. I have 401K, Roth account here in the US and will not plan to earn anything from Indian sources. ... How I can avoid paying taxes on the Roth distribution. Or should I not contribute any more to Roth. There's been some previous discussion on this in th...
by TedSwippet
Wed Jul 21, 2021 2:43 am
Forum: Non-US Investing
Topic: VOO vs VUSD
Replies: 6
Views: 905

Re: VOO vs VUSD

Long term they should behave exactly the same, ¿right? Right. The chart linked below shows the five-year performance of VOO and VUSD. At this scale there is no discernible difference. Five year comparison of VOO:NYSERCA and VUSD:LON If you switch the above to the five day comparison , you can see h...
by TedSwippet
Tue Jul 20, 2021 6:32 pm
Forum: Non-US Investing
Topic: VOO vs VUSD
Replies: 6
Views: 905

Re: VOO vs VUSD

They trade on different exchanges? Exactly. VOO's daily change, from open to close price, tells you what the S&P 500 stocks did between 2.30pm and 9.30pm UTC (NYSE hours). VUSD's tells you what these same stocks did between 8am and 4.30pm UTC (LSE hours). The offset start and end times mean you...
by TedSwippet
Tue Jul 20, 2021 4:53 am
Forum: Personal Finance (Not Investing)
Topic: US employee expat assignment in The Netherlands - looking for input
Replies: 27
Views: 3070

Re: US employee expat assignment in The Netherlands - looking for input

Seeking input on preparing for 2-3 year assignment in The Netherlands. ... They do recognize 401k I am not sure I'm terms of tax break but your assets within your 401k, Ira, are shielded from being reported for Box 3 or any other taxation during the time you are not withdrawing..what I don't know i...
by TedSwippet
Mon Jul 19, 2021 10:33 am
Forum: Non-US Investing
Topic: Moving to France from US in 2023 - tax optimisation
Replies: 5
Views: 954

Re: Moving to France from US in 2023 - tax optimisation

- Option 2: Leave the US and go for couple of weeks on vacations in a country where there is no tax on capital gains. Give up my green card (I have been less than 8 years with green card in the US so I would not be subject to the US exit tax) then sell all my assets while I am in this country and t...
by TedSwippet
Mon Jul 19, 2021 8:01 am
Forum: Non-US Investing
Topic: Building a simple European ETF portfolio
Replies: 11
Views: 1120

Re: Building a simple European ETF portfolio

Excellent point! It will indeed go in my wife's name. She is neither a US citizen nor resident. Right choice. My son does not yet have US citizenship (currently French and German), however, I will get the citizenship process moving for him in the coming months. Technically, your son probably alread...
by TedSwippet
Mon Jul 19, 2021 6:56 am
Forum: Investing - Theory, News & General
Topic: VXUS: A Dollar Hedge, Not A Value Investment
Replies: 55
Views: 5603

Re: VXUS: A Dollar Hedge, Not A Value Investment

Those huge European drug companies are more at risk as they make most of their money from the US, where unlike elsewhere they are allowed to charge huge sums. There is more agreement on controlling drug prices now than on breaking up monopolies. And as counterpoint, those huge US internet companies...
by TedSwippet
Mon Jul 19, 2021 5:25 am
Forum: Non-US Investing
Topic: Building a simple European ETF portfolio
Replies: 11
Views: 1120

Re: Building a simple European ETF portfolio

I have some euros to invest and would like to build a simple Bogleheads-style portfolio in euros. I would contribute to it on a quarterly basis and rebalance once or twice a year. Timeframe is 15+ years as it would go towards my son's college expenses should he stay in Europe to study. Asset alloca...
by TedSwippet
Sun Jul 18, 2021 1:43 pm
Forum: Investing - Theory, News & General
Topic: VXUS: A Dollar Hedge, Not A Value Investment
Replies: 55
Views: 5603

Re: VXUS: A Dollar Hedge, Not A Value Investment

Ex-US is mostly a bunch of junk overlaid with uncompensated currency, governance, legal, and taxation risk. Samsung. Toyota. BP. Shell. Adidas. Honda. Mitsubishi. AstraZeneca. Hitachi. HSBC. GlaxoSmithKlein. TD Bank. Siemens. Airbus. ... Yup. All junk. What a blessing it is then that US stocks hold...
by TedSwippet
Sun Jul 18, 2021 3:42 am
Forum: Non-US Investing
Topic: Save capital gains tax?
Replies: 3
Views: 996

Re: Save capital gains tax?

An American friend with a taxable investment account in the US moved to Germany. Her German employment income gets excluded from American taxes due to the tax treaty. The second sentence above seems highly unlikely to be the case. The treaty is here: https://www.irs.gov/pub/irs-trty/germany.pdf Art...
by TedSwippet
Sat Jul 17, 2021 2:53 pm
Forum: Non-US Investing
Topic: Moving to France from US in 2023 - tax optimisation
Replies: 5
Views: 954

Re: Moving to France from US in 2023 - tax optimisation

There is a short list of some of the 'planning points' of leaving the US in the wiki: US tax pitfalls for a non-US person moving to the US - Permanently leaving the US 1) I'll be giving up my green card so want to also avoid any estate tax issues in the future. I'd like to get the money out of the U...
by TedSwippet
Sat Jul 17, 2021 10:47 am
Forum: Non-US Investing
Topic: Czech Republic, EU - Vanguard VT or Vanguard VWCE?
Replies: 4
Views: 707

Re: Czech Republic, EU - Vanguard VT or Vanguard VWCE?

Welcome. What are the main benefits for me to buy VWCE (probably on XETRA) over buying VT? Is there any significant tax difference? The significant tax difference for you is, primarily, full insulation from potential and rapacious US estate tax. For non-US citizens living in one of the many countrie...
by TedSwippet
Thu Jul 15, 2021 3:06 am
Forum: Personal Finance (Not Investing)
Topic: Supporting non-US student's education in the USA
Replies: 12
Views: 1315

Re: Supporting non-US student's education in the USA

3. I am almost sure that I cannot, but wondering if I can claim him as a dependent or reduce my taxes if I am simply giving him interest free loan for a few years? Far from lowering your taxes, providing an interest free loan may well increase them: The Tax Landmines Of Lending To Family Members In...
by TedSwippet
Thu Jul 15, 2021 2:47 am
Forum: Personal Finance (Not Investing)
Topic: Parents (non-US) want to invest 50% of their retirement in USD via me (US)
Replies: 15
Views: 1963

Re: Parents (non-US) want to invest 50% of their retirement in USD via me (US)

If your parents can visit the US, take them to a Schwab/Fidelity store and you'll be able to get them an account. If you need to help them manage accounts, have them signing a power of attorney letter for you (most brokers should already have templates on their websites). But before doing so, becom...
by TedSwippet
Wed Jul 14, 2021 5:27 pm
Forum: Non-US Investing
Topic: Worth Moving UK Pension to New Zealand (QROPS)?
Replies: 4
Views: 778

Re: Worth Moving UK Pension to New Zealand (QROPS)?

... transfer one to NZ via QROPS and leave the other in the UK (thereby reducing the chance of it accumulating more than the current LTA). Just a note here that a QROPS transfer from a UK pension is one of the tests against the LTA. That is, QROPS doesn't bypass LTA issues (you don't get off that e...
by TedSwippet
Wed Jul 14, 2021 9:01 am
Forum: Non-US Investing
Topic: Worth Moving UK Pension to New Zealand (QROPS)?
Replies: 4
Views: 778

Re: Worth Moving UK Pension to New Zealand (QROPS)?

Note that even if I don't move my UK pension to NZ, then after my 1st 4 years in NZ (i.e. the tax free years), NZ will tax my annual gains in my UK private pension anyway, so there is no escaping NZ taxing the compounding growth inside the pension plan after the 1st 4 years of moving to NZ. Are you...
by TedSwippet
Wed Jul 14, 2021 7:36 am
Forum: Non-US Investing
Topic: My Portfolio: seeking advice.
Replies: 18
Views: 2095

Re: My Portfolio: seeking advice.

Welcome. I've assumed below that you are not a US citizen or US permanent resident. Core Portfolio (Ticker) (Expense Ratio) ... 7%, Vanguard Total International Stock Index ETF (VXUS) (0.08%) ... The other ETFs you list are non-US domiciled, but VXUS is US domiciled. For you, this is a very tax-inef...
by TedSwippet
Tue Jul 13, 2021 3:29 am
Forum: Non-US Investing
Topic: Soon to be non-resident alien with 401k and Roth IRA
Replies: 10
Views: 1449

Re: Soon to be non-resident alien with 401k and Roth IRA

In a binding opinion (https://www.skatteetaten.no/rettskilder/type/vedtak/skatteklagenemnda/skatterettslig-behandling-av-utbetaling-fra-amerikansk-ira-konto2/) (Norwegian) they reference a letter from the IRS, where the IRS does not classify IRAs as pensions and retains US right to tax withdrawals....
by TedSwippet
Tue Jul 13, 2021 3:07 am
Forum: Non-US Investing
Topic: [UAE] Hello - New to forum - Seek advise and thanks
Replies: 3
Views: 829

Re: Hello - New to forum - Seek advise and thanks

Welcome. My question is that I have 9 years left for retirement and have $100K to invest in index funds. My ask is how I should deploy this amount into index funds. Market is high with interest rate increase threat looming so I don't want to put that US$ 100K right away and enter the market at high....
by TedSwippet
Tue Jul 13, 2021 2:57 am
Forum: Non-US Investing
Topic: I was stupid and naive about the market, dont do this. Now I have a problem and need help [Russia]
Replies: 8
Views: 2304

Re: I was stupid and naive about the market, dont do this. Now I have a problem and need help [Russia]

Welcome. I did not have any experience and paid for portfolio plan. which contain 60% individual stocks (US only), and only 40% VOO.. =( 60%: it is 10 big US commpany per 6% each (was back then,now it looks different , because I did not do any rebalancing) 40%: VOO it is about 170k total. ... I want...
by TedSwippet
Mon Jul 12, 2021 2:18 pm
Forum: Non-US Investing
Topic: GIFT Tax
Replies: 5
Views: 822

Re: GIFT Tax

When my mother gives back the money, does she or me need to file any gift tax return? or pay any gift tax? She is not resident of US , but I will still be US resident You need to report receipt of gifts above $100k from non-US persons to the IRS on form 3250 . No tax, just reporting. For your mothe...
by TedSwippet
Mon Jul 12, 2021 10:09 am
Forum: Non-US Investing
Topic: Soon to be non-resident alien with 401k and Roth IRA
Replies: 10
Views: 1449

Re: Soon to be non-resident alien with 401k and Roth IRA

In a binding opinion (https://www.skatteetaten.no/rettskilder/type/vedtak/skatteklagenemnda/skatterettslig-behandling-av-utbetaling-fra-amerikansk-ira-konto2/) (Norwegian) they reference a letter from the IRS, where the IRS does not classify IRAs as pensions and retains US right to tax withdrawals....
by TedSwippet
Mon Jul 12, 2021 7:29 am
Forum: Non-US Investing
Topic: US Estate Tax on non-US Person for 401(k)
Replies: 2
Views: 689

Re: US Estate Tax on non-US Person for 401(k)

Does anyone know how US taxation on a 401(k) for a non-US person is handled on the person's death? Is it first subjected to US income tax, and then the 40% estate tax on what remains? Or will my heirs pay only the estate tax? I'm trying to determine whether it makes sense to move the funds out of t...
by TedSwippet
Mon Jul 12, 2021 6:36 am
Forum: Non-US Investing
Topic: Soon to be non-resident alien with 401k and Roth IRA
Replies: 10
Views: 1449

Re: Soon to be non-resident alien with 401k and Roth IRA

Welcome to the forum. What this says is that for an NRA who is resident in Romania, only Romania may tax IRA, 401k and similar withdrawals. The implication is that there is no US tax whatsoever to consider here. For what it is worth, the Norwegian tax authorities treat IRAs and 401(k)s are normal ta...
by TedSwippet
Sun Jul 11, 2021 3:41 am
Forum: Non-US Investing
Topic: Advice on a riskier approach
Replies: 4
Views: 1338

Re: Advice on a riskier approach

Welcome. 1. I am aware of the US overweight with the UST but this is mostly because I am planning to move to the US within 5-7 years (80% probability). Does that still sound like too much risk? As I see it, the added risk is more about concentration in a few sector stocks than it is about overweight...
by TedSwippet
Sun Jul 11, 2021 3:27 am
Forum: Non-US Investing
Topic: [Germany] My first portfolio: seeking advice
Replies: 2
Views: 902

Re: [Germany] My first portfolio: seeking advice

Welcome. Not a German resident, so I don't know any tax details, but a few comments below. 1. What do you think about my portfolio, considering all factors? Am I missing something? It is a good simple portfolio: Simple non-US portfolios - Bogleheads 2. Is my re-balance strategy correct? Or I should ...
by TedSwippet
Sun Jul 11, 2021 3:02 am
Forum: Non-US Investing
Topic: Sell VTI and Buy VWRA or VUAA? (Taiwanese Investing in Singapore)
Replies: 3
Views: 820

Re: Sell VTI and Buy VWRA or VUAA? (Taiwanese Investing in Singapore)

Welcome. If this plan sounds good, because capital gains from US-domiciled ETFs are not taxable for a nonresident alien, is it a good idea that I sell all my VTI in one lump sum when I become a nonresident alien? It is definitely a good idea. Singapore does not tax capital gains, and by switching to...
by TedSwippet
Sat Jul 10, 2021 12:42 pm
Forum: Non-US Investing
Topic: US -> UK Move - HSA Account Strategy
Replies: 8
Views: 3131

Re: US -> UK Move - HSA Account Strategy

This is fall out from Peter Thiel putting 5 billion into his Roth IRA :) While the initial focus was on restricting putting private options into Roth IRAs, seems they want to cover conversions. This is all early days still, but more of a political will this time perhaps. Ah, right. Not going to wor...
by TedSwippet
Sat Jul 10, 2021 6:33 am
Forum: Non-US Investing
Topic: US -> UK Move - HSA Account Strategy
Replies: 8
Views: 3131

Re: US -> UK Move - HSA Account Strategy

The Uk tax will only be on the **gains** and not the principal. Assuming UK Reporting Funds, CGT rate as you say. In contrast, US will be on the entirety. Not sure how this would play with foreign tax credit on UK return, may need to prorate. I'm not sure either. This is a US pre-tax account being ...
by TedSwippet
Sat Jul 10, 2021 3:35 am
Forum: Non-US Investing
Topic: US -> UK Move - HSA Account Strategy
Replies: 8
Views: 3131

Re: US -> UK Move - HSA Account Strategy

As a follow up, for 3), I paid for some excruciatingly expensive advice from someone who specialises in international issues for US folks. Their position largely echoed the hodgen article that this is an grey area with no clear IRS advice and that it would be perfectly reasonable position to treat ...
by TedSwippet
Fri Jul 09, 2021 11:23 am
Forum: Non-US Investing
Topic: Likely expat, what to do with Vanguard? [update] [Moving from US to Canada]
Replies: 59
Views: 3855

Re: Likely expat, what to do with Vanguard?

The "non-US" forum doesn't address US expatriates. I have been reading through there as well and it's been pointed out that it's not the place for expatriates (though that might not stop me from posting there, in fact I may have done so recently) Several US expats are regulars on the non-...
by TedSwippet
Thu Jul 08, 2021 3:34 pm
Forum: Non-US Investing
Topic: Interactive Brokers gets rid of monthly fees & minimal account values
Replies: 11
Views: 1999

Re: Interactive Brokers gets rid of monthly fees & minimal account values

New fee structure: https://www.interactivebrokers.eu/en/index.php?f=38234 Credit: https://www.reddit.com/r/eupersonalfinance/comments/og33f4/interactive_brokers_gets_rid_of_monthly_fees/ Thanks for the note. This part of the wiki is probably now out-of-date: Interactive Brokers - Bogleheads Cost st...
by TedSwippet
Thu Jul 08, 2021 2:46 pm
Forum: Non-US Investing
Topic: I want to simplify my portfolio [Russia]
Replies: 13
Views: 1662

Re: I want to simplify my portfolio

V.T wrote: Thu Jul 08, 2021 6:27 am I plan to move to live in the USA soon.
Welcome. You may find the following wiki page useful:

US tax pitfalls for a non-US person moving to the US - Bogleheads
by TedSwippet
Wed Jul 07, 2021 9:23 am
Forum: Non-US Investing
Topic: Advice for investing in the U.K. with US tax filing obligations
Replies: 9
Views: 1053

Re: Advice for investing in the U.K. with US tax filing obligations

My other citizenship is Austrian. Not sure if you would consider that “quality” but honestly I only use that passport everywhere in the world unless I go to the US which pre covid was to visit family once a year or 2. My U.K. settled status is based on this passport. By "quality", I meant...
by TedSwippet
Wed Jul 07, 2021 6:28 am
Forum: Non-US Investing
Topic: Advice for investing in the U.K. with US tax filing obligations
Replies: 9
Views: 1053

Re: Advice for investing in the U.K. with US tax filing obligations

Can I just ask (and this is probably a silly question), but if I am able to open a US based brokerage account and then use it to invest, what does that practically mean for my US and U.K. taxes from then on? For US taxes does this all still get reported via 1040 and 1116? The "if" above m...
by TedSwippet
Wed Jul 07, 2021 2:51 am
Forum: Non-US Investing
Topic: Soon to be non-resident alien with 401k and Roth IRA
Replies: 10
Views: 1449

Re: Soon to be non-resident alien with 401k and Roth IRA

Welcome. 401(k): I am thinking doing a conversion to Roth IRA, then pull the money out after 5 years, but can't figure out the timing when to do the conversion. If I do the conversion in the year which I will be a NRA, will I be taxed the at the 10% treaty rate or at US tax rates? How should I optim...
by TedSwippet
Tue Jul 06, 2021 2:00 pm
Forum: Non-US Investing
Topic: Advice for investing in the U.K. with US tax filing obligations
Replies: 9
Views: 1053

Re: Advice for investing in the U.K. with US tax filing obligations

Welcome aboard. 1. Can anyone give more details about what things I need to consider here. These wiki pages should help. Not really pretty reading, I'm afraid. - Vanguard US domiciled ETFs that are UK HMRC reporting funds - Bogleheads - US tax pitfalls for a US person living abroad - Bogleheads - Ta...
by TedSwippet
Sun Jul 04, 2021 11:25 am
Forum: Non-US Investing
Topic: Double Taxing for International Investments?
Replies: 7
Views: 1350

Re: Interactive Brokers and Tax Status Question

I've noticed on Interactive Brokers there are various options available when typing in an ETF code. For example, for VUSA there are the options of: "VANGS&P500 USDD - EBS", "VANGS&P500 USDD - LSEETF", and "VANGS&P500 USDD - AEB". Am I correct in thinking th...
by TedSwippet
Sun Jul 04, 2021 7:50 am
Forum: Non-US Investing
Topic: US ExPat Pension Working in the UK
Replies: 14
Views: 1595

Re: US ExPat Pension Working in the UK

BTW if she is self-employed she should still pay the optional NI contributions. That entitles her to years in the state pension system-- earnings-related pension (roughly, Social Security). That pension is not large, but it is indexed to inflation - my 90-something year old mother in Canada still h...
by TedSwippet
Sun Jul 04, 2021 7:42 am
Forum: Non-US Investing
Topic: US ExPat Pension Working in the UK
Replies: 14
Views: 1595

Re: US ExPat Pension Working in the UK

How hard are these forms to fill out? I just wonder, because if it is a simple Defined Contribution pension scheme, then there's just a portfolio there, a value which changes every year. As long as we are sure it is not taxable under US-UK tax treaty (and I am no expert, but this seems to be the ca...
by TedSwippet
Fri Jul 02, 2021 2:50 pm
Forum: Non-US Investing
Topic: US ExPat Pension Working in the UK
Replies: 14
Views: 1595

Re: US ExPat Pension Working in the UK

My granddaughter is a US citizen currently working in London for an undetermined length of time. She’s eligible for a UK pension plan (with a 5% match) but it appears that it will be double taxed by the US/UK when the funds are withdrawn at retirement age. It shouldn't be double-taxed , exactly. Ta...
by TedSwippet
Fri Jul 02, 2021 2:51 am
Forum: Non-US Investing
Topic: [UK] Pension Lifetime Allowance modelling question
Replies: 4
Views: 794

Re: [UK] Pension Lifetime Allowance modelling question

I’ve recently taken a bit of external advice which suggests that, despite being over the current Pension Lifetime Allowance (LTA), I should still continue to contribute to my workplace’s DB scheme (given employer contributions etc.). If there are employer contributions to a pension, and if you woul...
by TedSwippet
Wed Jun 30, 2021 2:46 am
Forum: Non-US Investing
Topic: Double Taxing for International Investments?
Replies: 7
Views: 1350

Re: Double Taxing for International Investments?

Then, is it correct that the UK ETF's or stocks would be an ideal investment, as they have a 0% withholding tax rate? In regards to this, I've noticed that there are various ETF's which are UK based. For example, Vanguard S&P 500 UCITS ETF. Is it correct that such an ETF would have 0% withholdi...
by TedSwippet
Tue Jun 29, 2021 5:34 pm
Forum: Non-US Investing
Topic: Countries that DON'T tax US Roth 401k/IRAs?
Replies: 56
Views: 6337

Re: Countries that DON'T tax US Roth 401k/IRAs?

How do those other countries even find out that you have a Roth account and a US bank account if you don't tell them? Do they have any laws similar to FATCA? Do they have powers to ask all the banks in the world to comply with their tax laws? Not declaring a US account to a non-US country that uses...
by TedSwippet
Tue Jun 29, 2021 1:19 pm
Forum: Non-US Investing
Topic: Countries that DON'T tax US Roth 401k/IRAs?
Replies: 56
Views: 6337

Re: Countries that DON'T tax US Roth 401k/IRAs?

I'm a US citizen interested in retiring early abroad, but I'm very much turned off that many countries would claim tax on US-based ROTH investments which were earned and invested before moving. It's a reciprocal dislike. The US taxes UK ISAs, French PEA accounts, Canadian TFSAs, and so on, if anyon...
by TedSwippet
Tue Jun 29, 2021 8:10 am
Forum: Non-US Investing
Topic: Double Taxing for International Investments?
Replies: 7
Views: 1350

Re: Double Taxing for International Investments?

Welcome. I'm assuming below that you are not a US citizen and not a US green card holder; [OT comment removed by admin LadyGeek] . If this is wrong, please update the thread. If I buy a stock or ETF from another country, am I taxed from both that country as well as my country of residence for tax pu...