Take a step at one time. You are too rush in investment.

Good luck.

Sometimes,... there is no choice, we can't control events around us,... if one joins the bandwagon late, then he will have to go look for another opportunity,..

Ermm,... I think Aus will not close their doors so soon. That's what I noticed,...

I've been talking abt SG closing its doors since late 2015,... if you guys look back (if you have the time) at my posts,... Some signs that I observed were very clear back then,.. I could hear them talking abt Msia when I attended their events.

Hence,... I out in a lot of warnings in this forum,... till I was reprimanded against here for saying doors closing, etc,...

So,... today,... I would like to say Aus is still very much investor-friendly,...

Can do later, bro,...stabilise yourself in SG, learn the ASX instruments first,... they're different from the SG environment,...

Can open a brokerage without an Aussie address ? 

I think you said 'can' because you are using yr relative's or friend's or whoever's Aussie address. You are not allowed to use yr KL address,... or tell me if I am wrong, and that you can use your KL address to open a brokerage. 

You are full of surprises,...   

You have to appear in person,... not send down yr documents.

Return your PDF form to us:

E: accountopening.au@ig.com
Fax: +61(3) 9860 1702
Post: IG Markets Ltd, L15, 55 Collins Street, Melbourne VIC 3000, Australia

Yeah,... without the full grossed-up dividend, the returns would be lower than Sg's. On yr US equities, aren't you taxed at 30% withholding taxes too ? What I understood is that all US equities investments outside of the US would have the dividend payout tax-withheld at 30% of the amount declared.

You should find a way to claim back those franking credits, ie that 30% tax which is withheld from your Aussie dividend payouts. Then it would be very worthwhile.

No...we are not taxed by the US tax authorities. That is what the WBEN 8 form is for. To declare that one is not a tax resident in US.
i have never been taxed for my dividends or capital gains.

Prophet, the W8-BEN Form is to prove that you are a non-US Resident, and the IRS Laws say that you will not be taxed against your capital gains. However, your dividend will be taxed at a withholding rate of 30% against the dpu declared by the US payer. This 30% may be waived if your payer has a certain arrangement with the IRS, as in Manulife US REIT.

Perhaps I missed something, but where do you see that, after filling-in the W8-BEN Form saying you are a non-US Resident, you will not be taxed in both capital gains and dividend payout ?

What you have been experiencing all these years, having invested into US counters so well, ie being tax-free on both of the above is indeed very encouraging for us to invest into US counters. Can you kindly enlighten us further ?

No, I have not.

General Instructions For definitions of terms used throughout these instructions, see Definitions, later. Purpose of Form Establishing status for chapter 3 purposes. Foreign persons are subject to U.S. tax at a 30% rate on income they receive from U.S. sources that consists of: Interest (including certain original issue discount (OID)); Dividends; Rents; Royalties; Premiums; Annuities; Compensation for, or in expectation of, services performed; Substitute payments in a securities lending transaction; or Other fixed or determinable annual or periodical gains, profits, or income. This tax is imposed on the gross amount paid and is generally collected by withholding under section 1441. A payment is considered to have been made whether it is made directly to the beneficial owner or to another person, such as an intermediary, agent, or partnership, for the benefit of the beneficial owner. In addition, section 1446 requires a partnership conducting a trade or business in the United States to withhold tax on a foreign partner's distributive share of the partnership's effectively connected taxable income. Generally, a foreign person that is a partner in a partnership that submits a Form W-8BEN for purposes of section 1441 or 1442 will satisfy the documentation requirements under section 1446 as well. However, in some cases the documentation requirements of sections 1441 and 1442 do not match the documentation requirements of section 1446. See Regulations sections 1.1446-1 through 1.1446-6.
Note. The owner of a disregarded entity (including an individual), rather than the disregarded entity itself, must submit the appropriate Form W-8BEN for purposes of section 1446. If you receive certain types of income, you must provide Form W-8BEN to: Establish that you are not a U.S. person; Claim that you are the beneficial owner of the income for which Form W-8BEN is being provided or a foreign partner in a partnership subject to section 1446; and If applicable, claim a reduced rate of, or exemption from, withholding as a resident of a foreign country with which the United States has an income tax treaty and who is eligible for treaty benefits. You may also be required to submit Form W-8BEN to claim an exception from domestic information reporting and backup withholding (at the backup withholding rate under section 3406) for certain types of income that are not subject to foreign-person withholding at a rate of 30% under section 1441. Such income includes: Broker proceeds; Short-term (183 days or less) original issue discount (OID); Bank deposit interest; Foreign source interest, dividends, rents, or royalties; and Proceeds from a wager placed by a nonresident alien individual in the games of blackjack, baccarat, craps, roulette, or big-6 wheel. A withholding agent or payer of the income may rely on a properly completed Form W-8BEN to treat a payment associated with the Form W-8BEN as a payment to a foreign person who beneficially owns the amounts paid. If applicable, the withholding agent may rely on the Form W-8BEN to apply a reduced rate of, or exemption from, withholding at source. Provide Form W-8BEN to the withholding agent or payer before income is paid or credited to you. Failure to provide a Form W-8BEN when requested may lead to withholding at the foreign-person withholding rate of 30% or the backup withholding rate under section 3406.

https://www.irs.gov/pub/irs-pdf/iw8ben.pdf
I looked at my dividend advice from my broker again and it says:

Gross dividend  USDXXXXXX

Tax:  0.000 %   

Yes. AFAIK, the W8BEN is the notification to the broker that tells them you're non-resident.
Non-resident subject to tax withholding (up to 30%) for dividends but no capital gain tax.

For example:
You're getting 50c dividends for every X share you own. 30% of 50c goes into IRS withholding.
If you file US tax by April 15 of that calendar year, you can claim back half of that. Assuming 15% is standard based on income level. Hopefully, it is significant so that it is worth the effort. A lot of non-resident just ignores it and don't file because
usually it isn't significant amount.

Ram

I don't think 30% is a given.

If you read the IRS statement, your with holding tax agent can make an appeal for exemption.

Meaning my broker's agent may be very good at his job!   

Yeah prophet,.. your NRZ divvy will be paid out in April 28th., Friday,.. 48.00 US Cts per share.

If there is a withholding tax imposed, you will receive only 33.60 US Cts per share.

Otherwise, you will receive the FULL 48.00 US Cts per share.

Let's observe together,....

Added : Actually NRZ is a US REIT, into resudential properties, hence, different in investment objectives from Manulife US REIT. The price has been onan appreciating trend for the last 5 tp 6 year, and the divvy payout has been growing from 45 US Cts to 48 US Cts this round !

Judging from all these quick-look data, I noticed this ctr is very attractive. Great work, prophet,...

Divvy payout is quarterly, and the current annualized dpu = 1.92 US Cts. Against the last done price of USD17.28, the yield works out to be 11.12%. If there is going to be a WHT imposed, we will still be able to catch a yield of 7.784%.

Earning 7.784% is always better than earning USD Term Deposit rates,...

https://www.dividendchannel.com/history/?symbol=NRZ

http://www.dividend.com/dividend-stocks/fi...t-history-chart

TLS is a dividend share or cap growth share ? Coz I see the dividend yield is ard 4%++

Buy for regular income is a wise choice, sifu Hansel?

o.k i PAK TURUT.. follow.

yes la...  I hv not bought anything with ASX yet...

now USD drop a bit mah... can look see.

dunno want buy from MKE or DBS vickers...

Baby Steps.. towards right direction..

TPG will need time to grow,... it has a lot of commitments now,... it is the fourth telco now in both SG and AU,.... I heard that the owner is David Teoh,... same nationality as you and I,...

Hmm,... why never done anything for Msia ?

Funny how things turned out - both of my telco ctrs in SG and AU are HIT by this David fella,... both Starhub and Telstra,... what did I do to him in the previous life ?   

Me too. I also have Starhub. Shall i avoid Singtel also and sell off Starhub ?

Ha,...   Singtel is hit even worse than I am,... hit on the home turf by TPG and their subsid Optus hit by TPG too in AUS.

why there is not volume for Fraser Log Aud ?

U buy FLT or BWQU? i m confused. Help

Thanks Ram for clear explanation. 

Well,.. bro, for one, this fella DOES NOT hold bank shares. Hence, his emotional tendency would be to find all possible faults with banks.

Secondly, as equities investors, if we don't invest into bank shares at all,... what else can we risk our funds on ??