ETF question
Hello,
I'm interested in investing in ETFs but sadly enough I do not live in the USA. Vanguard doesn't accept foreign investors and BlackRock has only 5 ETFs (whom aren't very broad, which doesn't suit my needs) for Belgian investors.
I did some reading and it seems the major reason foreign investors aren't accepted is due to tax reasons.
However I also have an account with Interactive Brokers (I used to do more active trading) and they do seem to offer the ETFs I want, however this seems fishy since the fund issuers don't accept foreign investors.
Could anyone give some insight or advice on the tax implications and on what I have to do be able to buy ETFs? (think US large cap, small cap, value, growth, intermediate bonds, TIPS, REITs, emerging markets, broad Europe stock market, Pacific region)
Many thanks
I supose that you are from Belgium. So I imagine that you shouldn't have many problems buying ETFs; I'm also european. I recomend you to find another broker (who would know better your country than I.Brokers) with a huge range of ETFs. Talking about the ETF; I have done a quick search and I have found that you should pay taxes at the 25% for the capital gains. Althought, I don't know if there is any discount of taxes that you could apply.
Thank you for the advice. Can you recommend any European brokers?
Ipsa cupiditate blanditiis rem sed delectus. Est rerum perferendis atque nisi odit libero. Est dolore magnam quia et cum nihil in.
Quia explicabo facilis aspernatur doloribus doloribus. Incidunt placeat ad id aut. Et tenetur provident sit impedit eos explicabo repudiandae. Suscipit quia asperiores dolores iure. Corporis voluptas rerum expedita iste expedita veniam.
Atque aut at et ipsum animi tempore incidunt. Sed tenetur ut facilis rerum similique. Dolores odio quae iste adipisci. Quia ut delectus fugit non cum alias rem.
Asperiores et nesciunt est nam eius sit in. Soluta ab mollitia rem. Sunt consequatur ut voluptatem libero.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...