Search found 3107 matches

by TedSwippet
Tue Aug 18, 2020 3:50 pm
Forum: Non-US Investing
Topic: UK pension for EU citizen
Replies: 5
Views: 413

Re: UK pension for EU citizen

B- I am nearing the age of 55 where the Aegon "group personal pension plan" would become available to me. How near? The government has indicated that it will raise this age to 57, but no timetable given. If you're over 50 say, it's very likely you will escape. I will be taxed on this in the UK and ...
by TedSwippet
Tue Aug 18, 2020 3:23 am
Forum: Non-US Investing
Topic: IRA Distributions for US Non Resident Alien
Replies: 27
Views: 4757

Re: IRA Distributions for US Non Resident Alien

Given your expertise in the matter, I'd love to ask you a few questions but let me know if a new thread would be more appropriate (assume same context as Seriousvoyager but Spanish instead of British, 401(k) instead of IRA, and Spain-to-be instead of Portugal) ... 'Expertise' is stretching things a...
by TedSwippet
Fri Aug 14, 2020 3:24 am
Forum: Non-US Investing
Topic: Ex-US fellows I think I've found a gem and I need your help !!
Replies: 57
Views: 4966

Re: Ex-US fellows I think I've found a gem and I need your help !!

Is there any broker,european or not I don't care,that doesn't require to be a professional investor in order to purchase those leveraged ETFs without KID ? If you haven't already found it, there is a thread here that talks about using options as a possible way to work around KID limitations: https:...
by TedSwippet
Thu Aug 13, 2020 7:03 am
Forum: Non-US Investing
Topic: US v International (Investing Review) [UK Investor]
Replies: 33
Views: 2381

Re: US v International (Investing Review) [UK Investor]

This is a more general question having spent a fair bit of time evaluating different global index funds. Why is China so massively underweighted - specifically Vanguard FTSE index fund. Vanguard's VWRL currently allocates 4.9% to China. It tracks the FTSE all world index , which is 5.07% China as o...
by TedSwippet
Thu Aug 13, 2020 4:05 am
Forum: Non-US Investing
Topic: Dividend Withholding Taxes for US-listed ETFs that track other countries indexes
Replies: 5
Views: 561

Re: Dividend Withholding Taxes for US-listed ETFs that track other countries indexes

Example: Ishares Brazil ETF(trade on USA's stock market) Brazil stocks ----> 0% withholding tax on Brazil stock's dividend ----> Brazil ETF ----> 30%-15% withholding tax on ETF's dividend (withholding tax rate depend on your country and USA agreement) ----> You receive ETF dividend after USA tax wi...
by TedSwippet
Tue Aug 11, 2020 4:44 pm
Forum: Non-US Investing
Topic: Keeping a US vanguard account for a non-resident alien.
Replies: 10
Views: 2007

Re: Keeping a US vanguard account for a non-resident alien.

About this I have a similar situation. In the W-8BEN there is a field about SSN, since I still have my old SSN, should i post it there? or just my foreign tax identity? If you look at the W-8BEN instructions you can see that you only need to put your SSN on this form for a couple of exceptional con...
by TedSwippet
Tue Aug 11, 2020 11:34 am
Forum: Personal Finance (Not Investing)
Topic: Pre-immigration planning
Replies: 6
Views: 954

Re: Pre-immigration planning

I don’t own any property or have any other pensions or investments so will simply be wiring the money from my personal account to our joint US bank account shortly before arrival. Right. Arrive with only cash, and leave with only cash, is the ideal clean way. One last thought. At the other end of t...
by TedSwippet
Tue Aug 11, 2020 6:57 am
Forum: Non-US Investing
Topic: Dividend tax
Replies: 3
Views: 461

Re: Dividend tax

I have homes both in Bosnia (non-EU) and Croatia (EU). I need to decide which country to invest from, given that there are differences both when it comes to local taxes (e.g. Bosnia still doesn't have a dividend tax as opposed to Croatia) and different double-taxation agreements. As far as Ireland ...
by TedSwippet
Tue Aug 11, 2020 5:52 am
Forum: Personal Finance (Not Investing)
Topic: Pre-immigration planning
Replies: 6
Views: 954

Re: Pre-immigration planning

As the title states, I’ll hopefully be moving to the USA in 2021 on a green card with my American spouse and daughter. I’m British and we live in the Middle East, we’ve been here over 10 years. I wanted to make sure that we don’t fall into any financial traps. If you haven't already found it, this ...
by TedSwippet
Mon Aug 10, 2020 11:59 am
Forum: Non-US Investing
Topic: Dividend tax
Replies: 3
Views: 461

Re: Dividend tax

Welcome. As far as I understand, Ireland deducts 30% of dividend tax prior to payment. ... Ireland does not tax dividends paid by Ireland domiciled funds or ETFs to non-Irish residents, so you have no need of any complicated structuring or intermediate holding corporations. Full details in the wiki:...
by TedSwippet
Mon Aug 10, 2020 9:44 am
Forum: Non-US Investing
Topic: How to calculate foreign exchange effect on investment
Replies: 2
Views: 209

Re: How to calculate foreign exchange effect on investment

Welcome. If my understanding is correct, I am exposing myself to two forms of exchange risk. The first being AUD/GBP, and the second being the inherent GBP/USD because of the underlying fund assets. ... The calculation I have made as an arbitrary example is buy investment august 2020(I exchange AUD>...
by TedSwippet
Mon Aug 10, 2020 5:52 am
Forum: Non-US Investing
Topic: Need help to invest in ETFs [Bahrain]
Replies: 45
Views: 2596

Re: Need help to invest in ETFs [Bahrain]

Yes I agree that a sudden sell of all assets is a suspicious action. Can we say that a monthly withdrawal transactions below 10k are considered safe from triggering any alert. Maybe, or maybe not. If the amount transferred is close to the limit, the broker might see this as structuring , and create...
by TedSwippet
Mon Aug 10, 2020 3:33 am
Forum: Non-US Investing
Topic: Need help to invest in ETFs [Bahrain]
Replies: 45
Views: 2596

Re: Need help to invest in ETFs [Bahrain]

Then I believe giving an access for a trust-able person is the best option (well maybe not for everyone) In which case, just be aware that this is working around the rules, not working within them, and that if something goes wrong it may take a long time and a lot of explaining to straighten things...
by TedSwippet
Mon Aug 10, 2020 2:46 am
Forum: Non-US Investing
Topic: PFIC and expat US citizen investing in non-US domiciled funds
Replies: 16
Views: 965

Re: PFIC and expat US citizen investing in non-US domiciled funds

It's unclear what the estate tax issue is. As a U.S. citizen, you can invest in U.S. domiciled funds and you won't have any Federal estate tax issues as long as the total is under the current exclusion limit- $11.58m this year- even if the beneficiaries are non-U.S. citizens/residents. The topic au...
by TedSwippet
Sun Aug 09, 2020 5:47 pm
Forum: Non-US Investing
Topic: Need help to invest in ETFs [Bahrain]
Replies: 45
Views: 2596

Re: Need help to invest in ETFs [Bahrain]

I noticed that InteractiveBrokers asked me to enter info about a related person to me that I trust. Also they allow to add another user to be able to access the account. I think giving an access to trustable person suits me. Although not specifically from Interactive Brokers -- I could not find an ...
by TedSwippet
Sun Aug 09, 2020 9:49 am
Forum: Non-US Investing
Topic: Need help to invest in ETFs [Bahrain]
Replies: 45
Views: 2596

Re: Need help to invest in ETFs [Bahrain]

How possible the broker or IRS would know that I died. The heirs can simply withdraw the money if they have the access to it? They probably will not know, if not told. However, for this to work your heirs would have to already have full access to your brokerage account. That is the only way they ca...
by TedSwippet
Sun Aug 09, 2020 9:00 am
Forum: Non-US Investing
Topic: Need help to invest in ETFs [Bahrain]
Replies: 45
Views: 2596

Re: Need help to invest in ETFs [Bahrain]

Let's say I have total assets of 100k invested in both (no idle cash sitting in the broker) - VWRA - AGGU. In case of death, the estate tax will not apply to me right? Right. Both of these are Ireland domiciled, and so are effectively non-US stocks. That puts them outside the US estate tax rules. N...
by TedSwippet
Sun Aug 09, 2020 8:07 am
Forum: Non-US Investing
Topic: Need help to invest in ETFs [Bahrain]
Replies: 45
Views: 2596

Re: Need help to invest in ETFs [Bahrain]

... Entirely counter-intuitive I'm afraid, but unfortunately that is US tax law for you. Rarely logical, if ever. Just to make sure, do you mean if my net liquidation value is more than 60k or the sitting cash is? Just the cash balance. The rule is whatever you hold in the account on date of death ...
by TedSwippet
Sun Aug 09, 2020 5:05 am
Forum: Non-US Investing
Topic: [Wiki] Bond ETF Non US resident withholding tax
Replies: 33
Views: 3786

Re: [Wiki] Bond ETF Non US resident withholding tax

This is great info that should be included on the wiki page as well. Any wiki editors? Well ... me! Can you say which page you expected to find this information in, and in what form? These two wiki pages currently cover QII: Nonresident alien taxation - Bogleheads Nonresident alien's ETF domicile d...
by TedSwippet
Sat Aug 08, 2020 5:18 pm
Forum: United Arab Emirates
Topic: My First Lazy Portfolio with $1M [UAE]
Replies: 7
Views: 1521

Re: My First Lazy Portfolio with $1M [UAE]

Welcome. Your proposed portfolio looks fine. Just one note on this: My position is full cash in my broker(IB USA) now. A cash holding in a US broker is liable to US estate tax, 26-40% of everything above $60,000. You may have already spotted this from the wiki. As of now then, you risk a huge US est...
by TedSwippet
Sat Aug 08, 2020 2:01 pm
Forum: Non-US Investing
Topic: Exit strategy for NRI on H-1B
Replies: 12
Views: 1453

Re: Exit strategy for NRI on H-1B

First, I don't think I have to pay estate tax. Can you explain your reasoning? Assuming you are a US nonresident alien, an Indian citizen, and living in India, you have no special protection from confiscatory US estate taxes. This kicks in a very low levels for nonresident aliens. Unlike US citizen...
by TedSwippet
Sat Aug 08, 2020 3:19 am
Forum: Non-US Investing
Topic: Three questions From newbie All weather investor
Replies: 6
Views: 646

Re: Three questions From newbie All weather investor

Welcome. Which country do you live in? And are you a US citizen or US green card holder? My country is South korea! and i can have tax free until i get $2k annual return when i invest in USA ETF! South Korea has an income tax treaty with the US, so you will lose 15% of your dividends to US tax. You...
by TedSwippet
Sat Aug 08, 2020 2:53 am
Forum: Non-US Investing
Topic: Three questions From newbie All weather investor
Replies: 6
Views: 646

Re: Three questions From newbie All weather investor

Welcome. because in my country, there is no one i can ask. people don't have interest in asset allocation just in striking it rich. Which country do you live in? And are you a US citizen or US green card holder? Depending on the answers to these questions, you may well get far better investing resul...
by TedSwippet
Thu Aug 06, 2020 2:37 pm
Forum: Non-US Investing
Topic: US v International (Investing Review) [UK Investor]
Replies: 33
Views: 2381

Re: US v International (Investing Review) [UK Investor]

Aside from Vanguard funds does anyone recommend a low cost International Equity Index? I'd suggest looking at offerings from the following: HSBC, Blackrock/iShares, Fidelity, and Legal&General. I hold funds from all of these, alongside my Vanguard ones, and all work well. If you use your platform's...
by TedSwippet
Thu Aug 06, 2020 9:49 am
Forum: Non-US Investing
Topic: Is HSBC a safe bank?
Replies: 13
Views: 1498

Re: Is HSBC a safe bank?

The answer is simple. Any bank is safe for the amount that is covered by FDIC insurance ($250K per depositor, although if you have a joint account you can be insured for more). ... or, as is the case here for the topic author, the UK FSCS, which covers up to £85k. https://www.fscs.org.uk/what-we-co...
by TedSwippet
Mon Aug 03, 2020 9:00 am
Forum: Non-US Investing
Topic: US v International (Investing Review) [UK Investor]
Replies: 33
Views: 2381

Re: US v International (Investing Review) [UK Investor]

I have been reading various threads past and present, where various people have suggested not having bonds in an ISA, and instead having them only in your SIPP. Unfortunately there aren't any explanations for why? The main reason would I think be the presence of the bonkers pensions Lifetime Allowa...
by TedSwippet
Mon Aug 03, 2020 6:06 am
Forum: Non-US Investing
Topic: [Wiki] Bond ETF Non US resident withholding tax
Replies: 33
Views: 3786

Re: [Wiki] Bond ETF Non US resident withholding tax

My friend has a US brokerage account and the dividends from TLT was taxed with the tax treaty rate of withholding tax. The QII information published by iShares shows all 2020 TLT dividends paid so far at between 93% and 100% exempt(*) from non-resident withholding: https://www.ishares.com/us/litera...
by TedSwippet
Mon Aug 03, 2020 2:30 am
Forum: Non-US Investing
Topic: Exit strategy for NRI on H-1B
Replies: 12
Views: 1453

Re: Exit strategy for NRI on H-1B

Welcome. I am currently in US on H-1B and plan to return back to India in next 1-2 years. I would like to know what would be the best way to grow my investments and also to minimize the tax liabilities. This recent thread covers the main points, I think: H1B Exit Strategy 401K vs Roth vs Brokerage -...
by TedSwippet
Sun Aug 02, 2020 3:48 pm
Forum: Non-US Investing
Topic: Non-US citizen with US Brokers: Estate Tax risk?
Replies: 105
Views: 41104

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

Welcome. IB accounts offer CFDs on US ETFs and US stocks, my assumption is that since the CFDs are structured in UK and are merely contracts of difference shouldn't be subject to US estate tax. But on the other hand, CFD’s dividends are subject to withholding tax, so it is really counter intuitive b...
by TedSwippet
Sun Aug 02, 2020 3:28 am
Forum: Non-US Investing
Topic: US estate tax treaty as a treaty national but not resident
Replies: 8
Views: 542

Re: US estate tax treaty as a treaty national but not resident

The domicile and residency discrepancy is because the US is based on Anglo-Saxon law (Great Britain and former territories and colonies) and the Netherlands is not. You can, for example, move residency to great Britain without moving domicile. The non Anglo-Saxon countries in Europe (and the world?...
by TedSwippet
Sat Aug 01, 2020 11:32 am
Forum: Non-US Investing
Topic: US estate tax treaty as a treaty national but not resident
Replies: 8
Views: 542

Re: US estate tax treaty as a treaty national but not resident

The Dutch version reads: "Deze Overeenkomst is van toepassing op nalatenschappen van overledenen welke onder het bereik van de belastingheffing van een van de Staten of van beide Staten vallen, doordat de overledene bij zijn overlijden aldaar zijn woonplaats had of daarvan staatsburger was." Which ...
by TedSwippet
Sat Aug 01, 2020 4:46 am
Forum: United Arab Emirates
Topic: First 'indipendent" portfolio
Replies: 6
Views: 1176

Re: First 'indipendent" portfolio

Welcome. I would like to definitely reduce the number of positions, and exchange the VTI/BND/IEFA with Ireland domiciled funds in USD tracking S&P500, with the same expense ratio, and accumulating (which I guess is the best solution for my situation). As a resident of a country without a US income t...
by TedSwippet
Sat Aug 01, 2020 4:22 am
Forum: Non-US Investing
Topic: US v International (Investing Review) [UK Investor]
Replies: 33
Views: 2381

Re: US v International (Investing Review) [UK Investor]

While I massively appreciate your input Ted, again not your fault, but the structure of these businesses I feel no further forward in my decision to move platform. Yes HL is expensive, but ultimately is it expensive to hold (for instance) the L&G US Index Accumulation? And moving forward a Global E...
by TedSwippet
Sat Aug 01, 2020 4:05 am
Forum: Non-US Investing
Topic: Brazil: Help needed - What is the typical portfolio that a Brazilian tax resident uses today?
Replies: 13
Views: 1091

Re: Brazil: Help needed - What is the typical portfolio that a Brazilian tax resident uses today?

... thanks, I think we can go ahead. What do I do to make it live? Details are described (briefly!) in this wiki page: Help:Non-US wiki guidelines - Bogleheads Adding a complete new country is a bit more work than adding a generic non-US page, but mostly it just boils down to looking at how one of ...
by TedSwippet
Sat Aug 01, 2020 3:47 am
Forum: Non-US Investing
Topic: Investing a USD windfall for a UK/US citizen living in Sweden
Replies: 23
Views: 1243

Re: Investing a USD windfall for a UK/US citizen living in Sweden

If I eventually want to relinquish my US citizenship, after having grown the assets in the US for a number of years, how would I go about transitioning my assets? After renouncing US citizenship, the two ends of the spectrum are: Do nothing. Sell everything and reinvest in entirely equivalent non-U...
by TedSwippet
Sat Aug 01, 2020 3:16 am
Forum: Non-US Investing
Topic: US estate tax treaty as a treaty national but not resident
Replies: 8
Views: 542

Re: US estate tax treaty as a treaty national but not resident

I saw article 1 in the treaty but " which are subject to the taxing jurisdiction of one or both States by reason of the decedent's domicile therein or citizenship thereof at death " seems to imply that the Dutch person needs to "fall under the taxing jurisdiction" of the Netherlands at death (eithe...
by TedSwippet
Fri Jul 31, 2020 5:39 pm
Forum: Non-US Investing
Topic: US estate tax treaty as a treaty national but not resident
Replies: 8
Views: 542

Re: US estate tax treaty as a treaty national but not resident

Welcome. I'm wondering whether it's citizenship or residency which applies for these treaties. Most US estate tax treaties are controlled by ' domicile ', of which residency is just one part. A few treaties also cover citizens, wherever resident, and the US/Netherlands estate tax treaty may be one o...
by TedSwippet
Fri Jul 31, 2020 3:39 pm
Forum: Non-US Investing
Topic: Brazil: Help needed - What is the typical portfolio that a Brazilian tax resident uses today?
Replies: 13
Views: 1091

Re: Brazil: Help needed - What is the typical portfolio that a Brazilian tax resident uses today?

I think I am going to publish the Investing from Brazil paper on here and see if anyone can add anything or make some comments before letting it go live. Thanks for creating this page . While I've made a few small cosmetic changes to it today, overall it looks entirely good to go -- though of cours...
by TedSwippet
Fri Jul 31, 2020 12:06 pm
Forum: Non-US Investing
Topic: Investing a USD windfall for a UK/US citizen living in Sweden
Replies: 23
Views: 1243

Re: Investing a USD windfall for a UK/US citizen living in Sweden

Let’s say you have purchased a 100K USD bond yielding 1% with a redemption date one year later. At the date of purchase the exchange rate is 1.11 for USD to EUR. So, roughly, at the time of purchase you have a 100K USD bond and in terms of the EUR the bond would have a face value of 90K EUR. A year...
by TedSwippet
Fri Jul 31, 2020 11:02 am
Forum: Non-US Investing
Topic: Investing a USD windfall for a UK/US citizen living in Sweden
Replies: 23
Views: 1243

Re: Investing a USD windfall for a UK/US citizen living in Sweden

...You could invest directly in government bonds.... Possibly not. This may expose the investor to phantom capital gains in one country based on the currency exchange rate difference from the time of purchase and the time of redemption. I speak from personal experience where the 1% I received from ...
by TedSwippet
Fri Jul 31, 2020 10:44 am
Forum: Non-US Investing
Topic: US v International (Investing Review) [UK Investor]
Replies: 33
Views: 2381

Re: US v International (Investing Review) [UK Investor]

Ted – My ignorance (once being bliss) could have cost me in 30 years time. I could not believe the huge amount that one can get in return for a 'measly' 0.18%. Vanguard are very transparent with fees (as commented on in this thread) but am I correct in saying that HL still cap at £45 for the year? ...
by TedSwippet
Thu Jul 30, 2020 3:00 pm
Forum: Non-US Investing
Topic: US v International (Investing Review) [UK Investor]
Replies: 33
Views: 2381

Re: US v International (Investing Review) [UK Investor]

Would this number make huge differences to my investment returns over the long term? You don't say how much you hold in your SIPP or ISA, but obviously, the more you hold, the larger the damage from high fees. Although the percentage is of course the same, 10% of £100 matters a lot less than 10% of...
by TedSwippet
Thu Jul 30, 2020 12:20 pm
Forum: Non-US Investing
Topic: US v International (Investing Review) [UK Investor]
Replies: 33
Views: 2381

Re: US v International (Investing Review) [UK Investor]

I've noted the following: Legal & General International Index Trust (C) with an OCF of 0.08.  Are your accounts at Hargreaves Lansdown? https://www.hl.co.uk/funds/fund-discounts,-prices--and--factsheets/search-results/l/legal-and-general-international-index-trust-c-accumulation If yes, be aware tha...
by TedSwippet
Thu Jul 30, 2020 8:44 am
Forum: Non-US Investing
Topic: Investing a USD windfall for a UK/US citizen living in Sweden
Replies: 23
Views: 1243

Re: Investing a USD windfall for a UK/US citizen living in Sweden

1. Why does a US broker care about preventing EEA residents from accessing US-domiciled funds due to PRIIPs? PRIIPs mandates that EU brokers can only offer EU residents access to funds that have produced a 'Key Investor Information Document' (KID, or KIID), revealing information about the fund such...
by TedSwippet
Thu Jul 30, 2020 6:01 am
Forum: Non-US Investing
Topic: Investing a USD windfall for a UK/US citizen living in Sweden
Replies: 23
Views: 1243

Re: Investing a USD windfall for a UK/US citizen living in Sweden

However, from what I've inferred, most US-domiciled brokerages don't accept foreign-resident US citizens So open one that does. Both Schwab and Interactive Brokers do. and, those that do don't allow investing in US ETFs (why?). No, this isn't correct. They have no problem letting you invest in US E...
by TedSwippet
Thu Jul 30, 2020 5:47 am
Forum: Personal Finance (Not Investing)
Topic: Adding Canadian Citizenship - any downsides?
Replies: 99
Views: 7580

Re: Adding Canadian Citizenship - any downsides?

No disadvantages to dual citizenship that I can see--as others have pointed out, most of the responsibilities and benefits of being Canadian are based on residence, not citizenship. So as long as you live in the US {ETA: or any other country}, Canadian citizenship has no impact on your everyday exi...
by TedSwippet
Wed Jul 29, 2020 2:18 am
Forum: Non-US Investing
Topic: Become Vanguard client with Polish citizenship
Replies: 5
Views: 613

Re: Become Vanguard client with Polish citizenship

Welcome. Or should I not be worried about any of that, and just go ahead, create a strategy and start buying ETFs myself? If you have not already found them, we have some wiki pages aimed at EU and non-US investors: EU investing - Bogleheads Outline of Non-US domiciles - Bogleheads Poland has no US ...
by TedSwippet
Tue Jul 28, 2020 2:56 am
Forum: Personal Finance (Not Investing)
Topic: Adding Canadian Citizenship - any downsides?
Replies: 99
Views: 7580

Re: Adding Canadian Citizenship - any downsides?

That is a major no! If you are a US citizen, you *must* enter the US on your US passport. ... Show us the US law. https://www.law.cornell.edu/uscode/text/8/1185 (b)Citizens Except as otherwise provided by the President and subject to such limitations and exceptions as the President may authorize an...
by TedSwippet
Mon Jul 27, 2020 9:08 am
Forum: Non-US Investing
Topic: UK Investment Trusts, a question about Estate Tax for non resident
Replies: 10
Views: 879

Re: UK Investment Trusts, a question about Estate Tax for non resident

FYI I am writing a page on Investing from Brasil for Bogleheads WIki and I would like to get your comments as soon as I have a first draft finished. Saw it already. Thanks for this. I have a few edits that I'll place outside when you're actively working on it. In respect to IT and UK estate tax, th...
by TedSwippet
Mon Jul 27, 2020 6:22 am
Forum: Non-US Investing
Topic: [How can I buy an index fund like Vanguard total stock market? (Bulgaria)]
Replies: 13
Views: 1293

Re: [How can I buy an index fund like Vanguard total stock market? (Bulgaria)]

When it comes to that particular ETF, based on others that have assets in the same stocks, what do you think the hypothetical annual rate of return would be, just so I can have an idea ( i know that we can't predict the future, but we can try and guess based on the past ) since the VWCE was started...