Hi all,
I'm new to this site, so apologies if this has been asked before!
My family and I moved to Singapore a few years ago and intend to be here for the next 5 years. We have non-resident status in Ireland. I’m hoping to get some direction on what to do with my portfolio of ETFs.
I have been making regular contributions on Interactive Brokers buying diversified US exchange ETFs. I now have the following concerns:
-US Estate Tax: as a non-US resident I’m thinking to stop buying on the US exchanges (I don’t think owning non-US securities on a US platform like IB falls into the estate tax issue)
-Plan to switch to European exchange UCITS ETFs on Euronext but reading these forums it sounds as if these are not tax-efficient to Irish citizens…
-Given we are non-resident would it affect me to switch to Euro exchange ETFs? If no, would I need to sell these before returning to Ireland?
I would be interested to hear advice as the more I read online the more I get confused. I just want to invest regularly in the most tax efficient way.
Thanks,
SB.
I'm new to this site, so apologies if this has been asked before!
My family and I moved to Singapore a few years ago and intend to be here for the next 5 years. We have non-resident status in Ireland. I’m hoping to get some direction on what to do with my portfolio of ETFs.
I have been making regular contributions on Interactive Brokers buying diversified US exchange ETFs. I now have the following concerns:
-US Estate Tax: as a non-US resident I’m thinking to stop buying on the US exchanges (I don’t think owning non-US securities on a US platform like IB falls into the estate tax issue)
-Plan to switch to European exchange UCITS ETFs on Euronext but reading these forums it sounds as if these are not tax-efficient to Irish citizens…
-Given we are non-resident would it affect me to switch to Euro exchange ETFs? If no, would I need to sell these before returning to Ireland?
I would be interested to hear advice as the more I read online the more I get confused. I just want to invest regularly in the most tax efficient way.
Thanks,
SB.