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 REIT V3, Real Estate Investment Trust

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MGM
post Aug 2 2012, 09:32 AM

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QUOTE(wongmunkeong @ Aug 1 2012, 08:52 PM)
Copy & Pasted from Fund Management Thread http://forum.lowyat.net/topic/690951/+2690

Hi MGM,
U can buy into Foreign REITs either through:
a. local brokerages with online foreign trading/investment platforms like HLeB (which i use), OSK or ECMLibra which other fellow forumers use.
b. directly open an a/c with a foreign brokerage (go SG simple)

Pay?
IF local brokerage: Pay local - they convert and they pay their counterpart in SG or AU or wherever countries they cover
IF foreign brokerage: Er.. Convert and TT the $ over. Don't lar move $100K per pop tongue.gif

Note - it may be slightly cheaper for (b.) but me being a scaredy cat & big pix person worrying about Estate Planning and Wills, i chose (a.). The difference in cost is negligible to me, compared to the support, ease of moving $ and of course, just in case i kaput suddenly.
Your personal view / valuation may vary  notworthy.gif
*
Thanks for the info. So no issue with the Bank Negara for TT money out. Like to read your post and funny jokes.

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