Can you clarify what you mean by this?But it seems more unattractive for me to invest in EU ETFs as a US citizen due to all the UCITS/PRIIPS/KIDs implications.
If you are a US citizen living in Ireland you need specialist advice for us ex pats as you are subject to filing obligations with the IRS and FATCA/ PFIC issues if you attempt to purchase European investmentsHello
I have a sum of money that I'm looking to put into a low-risk ETF for at least 10 years. I was born in the US, but moved to Ireland when I was 10 months old and have been here since. My mother was Irish so I am a dual citizen. This puts me in a really confusing position investment and tax-wise.
I know that if I invest in US ETFs I am probably subject to DD and will be taxed 41% of gains every 8 years - not very attractive. But it seems more unattractive for me to invest in EU ETFs as a US citizen due to all the UCITS/PRIIPS/KIDs implications. I'm a brand new investor and am trying to navigate this and it seems like the only option I really have is to invest in individual stocks - which I don't want to do.
Would really appreciate any guidance on this!
Thanks for the link!If you are a US citizen living in Ireland you need specialist advice for us ex pats as you are subject to filing obligations with the IRS and FATCA/ PFIC issues if you attempt to purchase European investments
Your best place to get advice is
So I can invest in specific US ETFs that are categorised under general tax principles and not be taxed 41% every 8 years?DD = deemed distribution
Many US ETFs are correctly categorised under general tax principles not exit tax.
We share our analysis with Creative so you can confidently invest as a US citizen and not fall foul of Irish specific issues
Common problem. Extremely high complexity combined with low investment amount.So I can invest in specific US ETFs that are categorised under general tax principles and not be taxed 41% every 8 years?
I went to creative but they said it's not worth financial advice right now!
We use cookies and similar technologies for the following purposes:
Do you accept cookies and these technologies?
We use cookies and similar technologies for the following purposes:
Do you accept cookies and these technologies?