voltage
26-10-2014, 08:18 AM
Purchasing global etfs like ones that reflecting the total US market have become complicated after reading material on this. If they are domiciled from the Us market non us residents need to pay US death duties if you hold more than $60000 worth. Looking at the long term this is likely. This rules buying etfs on the asx exchange as they are domiciled to the US. Other exchanges like the uk and Canadian do have these etfs not domiciled from the US. I do not want life with finances to be too complicated. Has anyone solved this problem.
Also I am looking for a discount broker with low fees to do this. Any suggestions?
Thanks
Also I am looking for a discount broker with low fees to do this. Any suggestions?
Thanks