Search found 7 matches
- Sat Apr 25, 2015 4:11 pm
- Forum: Non-US Investing
- Topic: Which brokers trade dollar listed ETFs on London Stock Exch
- Replies: 51
- Views: 9731
Re: Which brokers trade dollar listed ETFs on London Stock
Interactive Brokers now has a UK branch and trades in dollar based Irish dom ETFs. Does anyone know if an account opened with IB UK would be considered a non US account even though the parent company is a US company? If so that seems like it would be the best option for the NRA who is very afraid of the long arm of the US IRS. However, I don't think it has the SIPC protection.
- Sat Apr 18, 2015 9:48 pm
- Forum: Non-US Investing
- Topic: Which brokers trade dollar listed ETFs on London Stock Exch
- Replies: 51
- Views: 9731
Re: Which brokers trade dollar listed ETFs on London Stock
The idea of avoiding the US broker and us stocks sounds prudent. Thank you for your input.
- Sat Apr 18, 2015 2:23 pm
- Forum: Non-US Investing
- Topic: Which brokers trade dollar listed ETFs on London Stock Exch
- Replies: 51
- Views: 9731
Re: Which brokers trade dollar listed ETFs on London Stock
"Are you a non-US person (that is, neither a US citizen nor green card holder? Do you live in a country without an estate tax treaty with the US?" Yes, that is my situation. Your solution - "So if you open an account with a US brokerage then keep your cash balance low at all times, and only invest in non-US domiciled ETFs."- sounds perfect to me. What is your source or basis for this solution?
- Thu Apr 16, 2015 3:20 pm
- Forum: Non-US Investing
- Topic: Which brokers trade dollar listed ETFs on London Stock Exch
- Replies: 51
- Views: 9731
Re: Which brokers trade dollar listed ETFs on London Stock
Thanks, but if I open an account in Interactive, which is an USA company, won't I be liable for 35% estate tax on my assets over $60,000 upon my death?
Saxo does not list these ETFs and I got a reply saying that their system won't "support 2 currencies on 1 ISIN in 1 exchange due to system limitations".
Saxo does not list these ETFs and I got a reply saying that their system won't "support 2 currencies on 1 ISIN in 1 exchange due to system limitations".
- Thu Apr 16, 2015 12:22 pm
- Forum: Non-US Investing
- Topic: Which brokers trade dollar listed ETFs on London Stock Exch
- Replies: 51
- Views: 9731
Which brokers trade dollar listed ETFs on London Stock Exch
I am an expat and I have dollars and do not want to exchange them. I want to buy VUSD and VDNR which are Irish domiciled US dollar listings but neither Saxo nor ETrade show these. They only show the Sterling versions VUSA and VNRT. What brokers deal with the dollar listed ETFs that are on the London Stock exchange? Same problem exists with Ishares. Saxo lists CSP1 which is in Sterling but not the dollar listing CSPX. I could go on. Saxo lists no dollar listed ETF which are on the London exchange.
- Thu Apr 16, 2015 12:02 pm
- Forum: Non-US Investing
- Topic: Buy S&P 500 in Euro or Dollar?
- Replies: 6
- Views: 4224
Re: Buy S&P 500 in Euro or Dollar?
I have dollars and do not want to exchange them. I want to buy VUSD and VDNR but neither Saxo nor ETrade show these. They only show the Stterling versions VUSA and VNRT. What brokers deal with the dollar listed ETFs that are on the London Stock exchange? Same problem exists with Ishares. Saxo lists CSP1 which is in Sterling but not the dollar listing CSPX. I could go on. Saxo lists no dollar listed ETF which are on the London exchange
- Wed Apr 15, 2015 11:28 am
- Forum: Non-US Investing
- Topic: Avoid the dividend tax on foreign investors [Hong Kong]
- Replies: 43
- Views: 8370
Re: Avoid the dividend tax on foreign investors [Hong Kong]
If you buy IShares or Vanguard ETFs domiciled in Ireland then the 30% USA withholding on dividends is reduced to 15% because Ireland has a treaty with the US. The dividends are then paid to you with no more deduction. Effectively receiving 85%of the dividend.