@Admin could you elaborate? As far as I know the brokers are subject to the banking protection of their jurisdiction or their custodian's jurisdiction.
Hi
I am quite new here and tried a search on the subject. There is a lot is really a lot of information out here! Transferwise is coming up a lot but I am not sure it is the best option for my situation. I also saw OFX as recommended for larger sums compared to TW. I realise that maybe getting...
Thanks @fshore. On second thought, the location in the SEPA zone is maybe not the most important compared to the cost efficiency of the platform.
So residing in China, there would be no tax on the return?
The only thing that bothers me with Interactive brokers is that I don't intend on trading...
Thanks for your answers, @Outlander I was thinking of investing mostly in funds, quite passively.
@fshore, yes Interactive brokers came up, the thing I need to clarify is if the investment will grow free of tax. Their custodian is based in the US right? Currently I am in China, I don't intend...
Hi
I am quite new here and maybe I am out of the scope but I try anyway.
Being a french expat living in China, I am looking for a cost effective offshore investment platform. The important criterias are:
- In a tax haven so no need for complicated tax wrapper.
- In the SEPA zone.
- Lump sum...
Thanks for your replies. As you understood I am new to this kind of thing.
@fshore I guess that’s what I’m asking. I’m an EU citizen but I will check out the banks you mentioned. Even if the tax is lower in China, I don’t feel it’s safe to keep the money here.
@fshore yes I have the paperwork, I will change it before transferring out of China.
There must be a lot of people in my case in China, which location did you use to open an account? Are there any threads I missed?
Hi!
I tried browsing the threads but couldn't really find a topic corresponding to my situation.
I´m looking for a location to transfer some money out of China and then invest it possibly in ETFs. Trying to lower the tax on the return. Do you think it's worth it?
Being an EU national I was...
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