3 ms·
I assume you are in US? But can international investor invest in index funds? If yes, what vehicle to use? For example, my friend has investment company in Bri
by gingabriska 7y ago
I assume you are in US? But can international investor invest in index funds? If yes, what vehicle to use?
For example, my friend has investment company in British Virgin Islands, if he puts money in US index fund he ends up losing 15-20% to withholding taxes.
What are other people doing then?
- nradov 7y agoUS investors also have to pay about that much tax on any realized gains, unless they hold the funds in a tax-free retirement account.
- nemo44x 7y agoNot entirely true since many index funds pay qualified dividends.
- dahx4Eev 7y agoIs that dividend tax?
- basementcat 7y agoRetail investors in most industrialized countries have access to index funds; Check with your local brokerage. You may or may not want to invest in US index funds and it may make sense to place a sensible portion of your portfolio in an index composed of businesses in your country (to avoid currency fluctuations). US (or other foreign) index funds may be available in your country via some sort of depository receipt arrangement.