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 FI/RE - Financial Independence / Retire Early, Share your experience

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Ramjade
post Aug 20 2019, 11:20 AM

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QUOTE(Jordy @ Aug 20 2019, 11:16 AM)
Hence the reason I plan to buy through SGX, not going directly into US exchange to avoid nominee account.
I do not think I would be charged the 15% capital gains tax if I have filed the W8-BEN form to declare my residency status, or have I misinterpreted it?
However I do understand that I will be charged the 30% withholding tax on any income derived from the stocks, which is inevitable.
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You need to see where is the fund demociled. If is demociled in US and listed on SGX you still will be slap with 30% tax. The only way around the tax is get Ireland domiciled fund listed on LSE. More info on this page
https://forum.lowyat.net/topic/3396549

Ramjade
post Aug 21 2019, 02:49 PM

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QUOTE(blackseed202 @ Aug 21 2019, 02:38 PM)
When withdraw later we don't have to declare right?

What if we don't have any children now?
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No tax relief if self contribute.

This post has been edited by Ramjade: Aug 21 2019, 03:18 PM

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