Tag: invest offshore in etfs
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Why invest offshore in ETFs
When it come to a selection of stocks for investments, in many cases the best choice for retail traders could be to trading Exchange Traded Funds (ETFs). At least it helps to avoid complex and time confusing elements of fundamental analysis. All traders, when they first come to the market are facing a simple question…
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Invest offshore in ETF’s
QUESTION: What are the tax implications for an american citizen of buying exchange traded funds in another currency in an offshore account? REPLY: According to MSN Money Central, an exchange traded fund (ETF) is essentially an index fund. As such they would be treated as mutual funds by the IRS. Those that are available through…