...maybe I reading this wrong...

Ireland has a tax treaty with US that's why 15%. Ireland do not tax WHT because the US etf dividend is "generated" in the US not in Ireland. If you buy Irish domiciled Irish etf you get WHT 41% I think... just saying for other ppl

This post has been edited by dwRK: Nov 6 2019, 06:52 AM

This why I'd rather invest in Irish domiciled funds, then can sleep peacefully.
I think there's no such thing as estate tax or inheritance tax for non-Irish residents.

Dunno man... http://www.crowe.ie/inheritance-tax-non-re...-beneficiaries/

I also not really sure.

Hehe... Can tumpang Bogleheads resources to sort out the best sp500 route for nonresidents like us.

I still think 15% is terbest for us.

*Disclaimer not a will/estate expert

From briefly speaking to my friend who does Rockwill, a living trust is something else - it kicks in for conditions where you're alive but not sound of mind/vegetative state.

You're probably thinking something along the lines of how Wozza plans to have 90% S&P500 and 10% US gov bonds allocated once he kicks the bucket? That would still fall under estate

i currently looking at this : BNP Paribas Easy S&P 500 UCITS ETF EUR C (ESE.PA), listed in France, dividend will be reinvested into the ETF.
Current price EUR 12-13 per share, quite cheap also.

Should be able to address the WHT issue?

when you guys buy ETF, do you buy 1 unit or can you buy a fixed amount currency of ETF?

say, 500 EUR. Then you'll receive 1.xxxxx unit ETF?? How do you sell then?

1unit

but I thought ppl kept saying invest a fixed sum of money and DCA??

then it's not possible to invest a fixed sum?

Not sure what you meant but..

Example you have RM1000 to invest every month.
QQQ is USD 200 per unit today. 1 USD: 4.15 MYR.

You convert and get USD 240.96. You can buy 1 unit at USD 200. Means you left USD 40.96 not yet invest. You can use this money to top up with next month.

each time only buy 1 unit ... life is so depressing.

Like StashAway, you can have 1.231241325 unit of an ETF, I think. No?
ok, I thought DCA means a fixed sum every month; but since we cannot buy ETFs in fractions, then I guess cannot invest a fixed sum every time.

You are still DCA-ing.
Stashaway charges a % ratio. If you plan to DCA in the very long run, ETF is still better.

Alternatively, you can do a combination.
Meaning you use Stashaway until you reach an amount large enough for you to transfer. E.g. you DCA RM1000 for 12 months + gains = RM12650.

At the end of the year or when MYR is strong, you withdraw from Stashaway and invest in ETF.

Next year, you continue with Stashaway until you accumulate for 12 months and repeat.

Dividends paid to non French residents

Dividends paid to individuals who do not reside in France are subject to a withholding tax at the 12.8% upper rate.

However, regardless of the beneficiary's place of residence, a 75% withholding tax is levied if dividends are paid in a non-cooperative state or territory.(2)

(2) 2018 list of NCST: (this list is updated on a yearly basis): Botswana, Brunei, Guatemala, Marshall Islands, Nauru, Niue and Panama.

I think you didn't get my message, the dividend for this ETF will be reinvested in the ETF again.
Meaning, there is no dividend from this ETF, hence, it should not subject to any WHT.

Unless you are saying there is WHT attach to the capital gain subsequently when dispose the ETF.

It's a synthetic fund

Pros:
You can get away with US WHT (assuming France doesn't tax you anything)

Cons:
It holds bunch of random stocks and a contract with an institute like Morgan Stanley to swap for S&P 500 returns. If Morgan Stanley blows up you'd be holding and tracking those random stocks.

If diy, 1 unit. If stash away, no prob

You better check how div & wht & reinvestment work again

This post has been edited by dwRK: Nov 6 2019, 04:27 PM

This is not correct lo .... the SXR8 that we talked about also auto reinvest, still got withholding tax.

If don't want WHT, then don't declare dividend like Warren B. If declare, sure tax, doesn't matter auto re-invest or not.

Broker auto deduct already... you don't have chance not to declare