Search found 8 matches

by inchvbeam
Tue Jun 21, 2016 2:47 am
Forum: Non-US Investing
Topic: Help with portfolio: Lazy 2/3 fund portfolio [Singapore]
Replies: 48
Views: 5796

Re: Help with portfolio: Lazy 2/3 fund portfolio [Singapore]

hi all, so which broker did u use eventually? im fr SG as well.
by inchvbeam
Tue Nov 18, 2014 12:57 am
Forum: Non-US Investing
Topic: Non-US citizen with US Brokers: Estate Tax risk?
Replies: 103
Views: 39472

Re: Non-US citizen with US Brokers: Estate Tax risk?

I am a not a US citizen and I don't live in the US, and never have. I recently opened a trading account with Interactive Brokers (IB). The account is domiciled in the US. I use it to buy ETFs from the London and Amsterdam stock exchanges. The ETFs are all domiciled in Ireland. My question is this: ...
by inchvbeam
Mon Nov 17, 2014 1:43 am
Forum: Non-US Investing
Topic: Non-US citizen with US Brokers: Estate Tax risk?
Replies: 103
Views: 39472

Re: Non-US citizen with US Brokers: Estate Tax risk?

@Tedswippet, other than purchasing non-US domiciled stocks, it would also be mindful to be aware of the estate law if one purchase stocks via US-brokers.
by inchvbeam
Sun Nov 16, 2014 1:20 am
Forum: Non-US Investing
Topic: Non-US citizen with US Brokers: Estate Tax risk?
Replies: 103
Views: 39472

Re: Non-US citizen with US Brokers: Estate Tax risk?

@inchvbeam. In my opinion the bit you quoted is not relevant. The key question to ask is whether, after moving to IB UK, your IB account would be US-domicled or UK-domicled. If it's UK-domiciled, the U.S. estate tax issue goes away. On the downside, you would lose the $500k deposit guarantee and be...
by inchvbeam
Sat Nov 15, 2014 10:11 pm
Forum: Non-US Investing
Topic: Non-US citizen with US Brokers: Estate Tax risk?
Replies: 103
Views: 39472

Re: Non-US citizen with US Brokers: Estate Tax risk?

IB has ongoing plan to transition certain businesses to its new IB UK carrying broker. You may want to call IB to ask if your account can be transferred to IB UKL https://ibkb.interactivebrokers.com/article/2016 Thanks saver007, this certaintly looks like good news: Q: What is the product introduct...
by inchvbeam
Sat Nov 15, 2014 7:19 pm
Forum: Non-US Investing
Topic: Non-US citizen with US Brokers: Estate Tax risk?
Replies: 103
Views: 39472

Re: Non-US citizen with US Brokers: Estate Tax risk?

First. Listen to TedSwippet. He knows what he's talking about. We want our portfolio to look like this: 60% VWRD + 30% IUAG + 10% CASH. If we use USA domiciled IB we save 0.4% annually. If we use LOM Bermuda we save 0.2% annually. We chose LOM Bermuda. We think paying an extra 20 bps to stay out of...
by inchvbeam
Sat Nov 15, 2014 7:23 am
Forum: Non-US Investing
Topic: New to Investing, Based in Hong Kong
Replies: 67
Views: 14429

Re: New to Investing, Based in Hong Kong

Not sure if you have read this thread before.. http://www.bogleheads.org/forum/viewtop ... 1&t=150851

it seems that there's a risk (unconfirmed) of estate law charges by using US-based brokers such as IB for non-US investors.
by inchvbeam
Sat Nov 15, 2014 5:29 am
Forum: Non-US Investing
Topic: Non-US citizen with US Brokers: Estate Tax risk?
Replies: 103
Views: 39472

Re: Non-US citizen with US Brokers: Estate Tax risk?

Hi DXB, I'm a non-US citizen that's interested in using IB as well. But bearing in mind the risks highlighted by you, I will probably be staying away from IB. May I know what alternative brokers have you considered using? Thanks.