Difference between revisions of "Outline of non-US domiciles"

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These articles address [[Bogleheads® investment philosophy for non-US investors|Bogleheads® investing]] for individuals living and investing in '''countries other than the United States (US)'''.
 
These articles address [[Bogleheads® investment philosophy for non-US investors|Bogleheads® investing]] for individuals living and investing in '''countries other than the United States (US)'''.
* For an introductory outline of this topic, see: [[Investing from outside of the US]]. <br>
+
* For topics organised as series of frequently asked questions (FAQs), see: [[Non-US frequently asked questions]].
* For information on how to ask for advice on your portfolio, see: [[My portfolio: seeking advice]].<br>
+
* For an introductory outline of this topic, see: [[Investing from outside of the US]].
* For a stepwise approach to your investing journey, see: [[Bogleheads® investing start-up kit for non-US investors]]
+
* For information on how to ask for advice on your portfolio, see: [[My portfolio: seeking advice]].
 +
* For a stepwise approach to your investing journey, see: [[Bogleheads® investing start-up kit for non-US investors]].
  
 
'''Non-US domiciles''' applies to ''US nonresident aliens'', and also to ''US citizens'' and ''US resident aliens'' (that is, green card holders) living outside the US. A '''nonresident alien''' is someone who is not a US citizen or resident. US citizens, resident aliens and residents are known collectively as '''US persons'''.
 
'''Non-US domiciles''' applies to ''US nonresident aliens'', and also to ''US citizens'' and ''US resident aliens'' (that is, green card holders) living outside the US. A '''nonresident alien''' is someone who is not a US citizen or resident. US citizens, resident aliens and residents are known collectively as '''US persons'''.
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'''<big>Before investing:</big>'''<br>
 
'''<big>Before investing:</big>'''<br>
 
Pay special attention to the section on [[#Tax issues|Tax issues]] highlighting the impact of US tax legislation even on investors domiciled outside of the US.   
 
Pay special attention to the section on [[#Tax issues|Tax issues]] highlighting the impact of US tax legislation even on investors domiciled outside of the US.   
* '''For nonresident aliens''': The US has harsh tax rules for US assets held by foreigners, some bordering on confiscatory. It taxes dividends paid by US stocks and US domiciled ETFs to foreigners at up to 30%, and may apply an estate tax of up to 40% on all US situated assets above a minimal $60,000 exemption. Be sure to understand how these tax rules will apply to you. If you need to avoid them, switch away from the usual US domiciled investments discussed among and used by US investors, and instead use equivalent investments domiciled in other countries, for example Ireland.
+
* [[File:Ambox globe content.svg|20px|link=]] '''For nonresident aliens''': The US has harsh tax rules for US assets held by foreigners, some bordering on confiscatory. It taxes dividends paid by US stocks and US domiciled ETFs to foreigners at up to 30%, and may apply an estate tax of up to 40% on all US situated assets above a minimal $60,000 exemption. Be sure to understand how these tax rules will apply to you. If you need to avoid them, switch away from the usual US domiciled investments discussed among and used by US investors, and instead use equivalent investments domiciled in other countries, for example Ireland.
* '''For US persons''': Uniquely among developed countries, the US taxes its citizens and permanent residents on their worldwide income whether they live in the US or outside. It has protectionist and draconian tax laws that dissuade US citizens and residents from holding non-US domiciled investments. Because of these, you must usually invest as if living in the US, and you effectively cannot use normal investments freely available to non-US persons living in the same country as you.
+
* [[File:Usa flag.png|20px|border|link=]] '''For US persons''': Uniquely among developed countries, the US taxes its citizens and permanent residents on their worldwide income whether they live in the US or outside. It has protectionist and draconian tax laws that dissuade US citizens and residents from holding non-US domiciled investments. Because of these, you must usually invest as if living in the US, and you effectively cannot use normal investments freely available to non-US persons living in the same country as you.
  
 
In both cases, take care to understand these tax rules and restrictions early on. This will help to avoid huge problems later.
 
In both cases, take care to understand these tax rules and restrictions early on. This will help to avoid huge problems later.
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== General topics related to investing from outside of the US ==
 
== General topics related to investing from outside of the US ==
  
===Getting started===
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===[[File:Ambox globe content.svg|25px|link=]] Getting started===
 
* [[Getting started for non-US investors]] — Where to begin, if you are a non-US investor
 
* [[Getting started for non-US investors]] — Where to begin, if you are a non-US investor
 
* [[Bogleheads® investment philosophy for non-US investors]] — Describes the core investing principles, with a special emphasis on non-US investors
 
* [[Bogleheads® investment philosophy for non-US investors]] — Describes the core investing principles, with a special emphasis on non-US investors
 
* [[Bogleheads® investing start-up kit for non-US investors]] — Helps non-US investors find the right starting point for exploring content in the wiki
 
* [[Bogleheads® investing start-up kit for non-US investors]] — Helps non-US investors find the right starting point for exploring content in the wiki
 +
* [[Non-US frequently asked questions]] — Organises non-US topics as series of frequently asked questions (FAQs)
 
* [https://www.boglebot.com/ Boglebot] — An interactive tool offering suggestions for how non-US investors can implement a two-fund portfolio
 
* [https://www.boglebot.com/ Boglebot] — An interactive tool offering suggestions for how non-US investors can implement a two-fund portfolio
  
===Investing from outside of the US===
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===[[File:Ambox globe content.svg|25px|link=]] Investing from outside of the US===
 
{{Anchor|Introduction to investing from outside of the US}}
 
{{Anchor|Introduction to investing from outside of the US}}
 
* [[Investing from outside of the US]] — An introduction to the investment and taxation concerns for investors domiciled outside the US
 
* [[Investing from outside of the US]] — An introduction to the investment and taxation concerns for investors domiciled outside the US
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* [[Real estate investment trusts for non-US investors]] — Describes how non-US investors can invest using REITs
 
* [[Real estate investment trusts for non-US investors]] — Describes how non-US investors can invest using REITs
  
===Bogleheads® forum for non-US investors ===
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===[[File:Ambox globe content.svg|25px|link=]] Bogleheads® forum for non-US investors ===
 
* [[My portfolio: seeking advice]] — Guide on how best to ask a question about your portfolio on the forum
 
* [[My portfolio: seeking advice]] — Guide on how best to ask a question about your portfolio on the forum
 
* [https://www.bogleheads.org/forum/viewforum.php?f=22 Non-US Investing Forum] — Link to the forum's non-US investing area
 
* [https://www.bogleheads.org/forum/viewforum.php?f=22 Non-US Investing Forum] — Link to the forum's non-US investing area
  
===Tax issues===
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===[[File:Ambox globe.svg|21px|link=]] Tax issues===
 
* [[Non-US investor's guide to navigating US tax traps]] — Describes multiple difficulties and challenges posed by US tax laws
 
* [[Non-US investor's guide to navigating US tax traps]] — Describes multiple difficulties and challenges posed by US tax laws
====[[File:Ambox globe content.svg|25px]] Tax issues specific to nonresident aliens====
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 +
====[[File:Ambox globe content.svg|25px|link=]] Tax issues specific to nonresident aliens====
 
:* [[Nonresident alien's ETF domicile decision table]] — Decision table to help non-US investors choose between US domiciled ETFs and non-US domiciled ETFs
 
:* [[Nonresident alien's ETF domicile decision table]] — Decision table to help non-US investors choose between US domiciled ETFs and non-US domiciled ETFs
 
:* [[Nonresident alien taxation]] — Summarizes how a US nonresident alien (NRA) is taxed when investing in US domiciled investment assets
 
:* [[Nonresident alien taxation]] — Summarizes how a US nonresident alien (NRA) is taxed when investing in US domiciled investment assets
:* [[Nonresident alien with no US tax treaty & Irish ETFs]] — Shows why and when it may be better for non-US investors to invest in Ireland domiciled funds as opposed to a US domiciled funds
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:* [[Nonresident alien investors and Ireland domiciled ETFs]] — Shows why and when it is better for non-US investors to invest in Ireland domiciled funds instead of US domiciled funds
 
:* [[Comparison of accumulating ETFs and distributing ETFs]] — Non-US investors often have a choice between funds that distribute dividends and ones that reinvest them immediately
 
:* [[Comparison of accumulating ETFs and distributing ETFs]] — Non-US investors often have a choice between funds that distribute dividends and ones that reinvest them immediately
  
====[[Image:Usa flag.png|25px|border]] Tax issues specific to US persons living outside the US====
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====[[File:Ambox globe.svg|21px|link=]] [[File:Usa flag.png|25px|border|link=]] Tax issues specific to US persons living outside the US====
 
:* [[Taxation as a US person living abroad]] — Tax filing information for US citizens and permanent residents living outside the US
 
:* [[Taxation as a US person living abroad]] — Tax filing information for US citizens and permanent residents living outside the US
 
:* [[Passive foreign investment company]] — Describes punitive US tax rules for US persons who hold non-US domiciled funds
 
:* [[Passive foreign investment company]] — Describes punitive US tax rules for US persons who hold non-US domiciled funds
 
:* [[US tax pitfalls for a US person living abroad]] — Discusses investing obstacles that US taxes cause for US persons living outside the US
 
:* [[US tax pitfalls for a US person living abroad]] — Discusses investing obstacles that US taxes cause for US persons living outside the US
  
===Currency issues===
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====[[File:Usa flag.png|25px|border|link=]] [[File:Ambox globe content.svg|25px|link=]] Tax issues specific to non-US investors moving to the US====
 +
:* [[US tax pitfalls for a non-US person moving to the US]] — Discusses problems that US taxes cause for non-US persons who move to the US
 +
 
 +
===[[File:Ambox globe content.svg|25px|link=]] Currency issues===
 
* [[Non-US investors and ETF currencies]] — Untangles the issue of multiple currencies for ETF investors
 
* [[Non-US investors and ETF currencies]] — Untangles the issue of multiple currencies for ETF investors
  
 
==Investing in and from European Union countries‎==
 
==Investing in and from European Union countries‎==
  
===[[Image:Euflag.jpg|25px|border]] Introduction to investing in and from European Union countries===
+
===[[File:Euflag.jpg|25px|border|link=]] Introduction to investing in and from European Union countries===
 
* [[EU investing]] — Describes investing for European Union residents
 
* [[EU investing]] — Describes investing for European Union residents
 
* [[EU non-habitual residence]] — Some European Union countries offer attractive tax regimes to new residents
 
* [[EU non-habitual residence]] — Some European Union countries offer attractive tax regimes to new residents
 
* [[Cash equivalents for EU investors]] — Discusses cash and near-cash investments suitable for EU and other non-US investors
 
* [[Cash equivalents for EU investors]] — Discusses cash and near-cash investments suitable for EU and other non-US investors
  
===[[File:Belgium-flag.gif|25px|border]] Belgium‎===
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===[[File:Belgium-flag.gif|25px|border|link=]] Belgium‎===
 
* [[Investing from Belgium]]
 
* [[Investing from Belgium]]
  
===[[File:Flag of Germany.png|25px|border]] Germany‎===
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===[[File:Flag of Germany.png|25px|border|link=]] Germany‎===
 
* [[Investing from Germany]]
 
* [[Investing from Germany]]
  
===[[File:Flag of Ireland.svg|25px|border]] Ireland===
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===[[File:Flag of Ireland.svg|25px|border|link=]] Ireland===
 
*[[Investing from Ireland]]
 
*[[Investing from Ireland]]
  
===[[Image:Italyflag.png|25px|border]] Italy===
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===[[File:Italyflag.png|25px|border|link=]] Italy===
 
* [[Investing from Italy]]
 
* [[Investing from Italy]]
  
===[[File:Netherlandsflag.jpg|25px|border]] Netherlands‎===
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===[[File:Netherlandsflag.jpg|25px|border|link=]] Netherlands‎===
 
* [[Investing from the Netherlands]]
 
* [[Investing from the Netherlands]]
  
===[[Image:Flag of Spain.svg|25px|border]] Spain===
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===[[File:Flag of Spain.svg|25px|border|link=]] Spain===
 
* [[Investing from Spain]]
 
* [[Investing from Spain]]
  
 
==Investing in and from non-European Union countries‎==
 
==Investing in and from non-European Union countries‎==
  
===[[Image:Australiaflag.gif|25px|border]] Australia===
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===[[File:Australiaflag.gif|25px|border|link=]] Australia===
* [[Investing in Australia]]
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* [[Investing from Australia]]
  
===[[File:Flag of Brazil.svg|25px|border]] Brazil===
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===[[File:Flag of Brazil.svg|25px|border|link=]] Brazil===
 
* [[Investing from Brazil]]
 
* [[Investing from Brazil]]
  
===[[File:Canada flag.png|25px|border]] Canada‎===
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===[[File:Canada flag.png|25px|border|link=]] Canada‎===
* [[finiki:Main Page | Canada (finiki)]]
+
* [[finiki:Main Page | finiki]] — The Canadian financial Wiki
 +
* [https://www.financialwisdomforum.org/forum/index.php Financial Wisdom Forum] — Link to Canadian investors' forum
 +
 
 +
===[[File:Indiaflag.png|25px|border|link=]] India===
 +
* [[Investing from India]]
  
===[[File:Flag of Japan.svg.png|25px|border]] Japan‎===
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===[[File:Flag of Japan.svg.png|25px|border|link=]] Japan‎===
* [[Investing in Japan]]
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* [[Investing from Japan]]
 
* [[TOPIX indices]]
 
* [[TOPIX indices]]
====[[File:Flag of Japan.svg.png|25px|border]] [[Image:Usa flag.png|25px|border]] Japan specific to US persons living outside the US====
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====[[File:Flag of Japan.svg.png|25px|border|link=]] [[File:Usa flag.png|25px|border|link=]] Japan specific to US persons living outside the US====
:* [[Investing in Japan for US citizens and US permanent residents]]
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:* [[Investing from Japan for US citizens and US permanent residents]]
  
===[[File:Flag of Singapore.png|25px|border]] Singapore===
+
===[[File:Flag of Singapore.png|25px|border|link=]] Singapore===
 
* [[Investing from Singapore]]
 
* [[Investing from Singapore]]
  
===[[File:Taiwanflag.jpg|25px|border]] Taiwan===
+
===[[File:Taiwanflag.jpg|25px|border|link=]] Taiwan===
 
* [[Taiwan bond indexes]]
 
* [[Taiwan bond indexes]]
 
* [[Taiwan stock indexes]]
 
* [[Taiwan stock indexes]]
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* [[List of Taiwan exchange traded funds]]
 
* [[List of Taiwan exchange traded funds]]
  
===[[Image:UK_flag.png|25px|border]] United Kingdom===
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===[[File:UK_flag.png|25px|border|link=]] United Kingdom===
* [[UK investing]]
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* [[Investing from the UK]]
* [[Individual Savings Accounts]] — Discusses tax-free savings and investments accounts for UK residents
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* [[UK Individual Savings Accounts]] — Discusses tax-free savings and investments accounts for UK residents
* [[Personal Pensions]] — Describes tax-deferred wrappers for UK retirement savings
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* [[UK personal pensions]] — Describes tax-deferred wrappers for UK retirement savings
 
* [[FTSE UK indexes]]
 
* [[FTSE UK indexes]]
 
* [[UK asset class returns]]
 
* [[UK asset class returns]]
====[[Image:UK_flag.png|25px|border]] [[Image:Usa flag.png|25px|border]] United Kingdom specific to US persons living outside the US====
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====[[File:UK_flag.png|25px|border|link=]] [[File:Usa flag.png|25px|border|link=]] United Kingdom specific to US persons living outside the US====
:* [[Vanguard US domiciled ETFs that are HMRC reporting funds]]
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:* [[Vanguard US domiciled ETFs that are UK HMRC reporting funds]]
  
 
==Pension fund performance studies==
 
==Pension fund performance studies==

Latest revision as of 11:15, 16 February 2021

Ambox globe.svg This article contains details specific to global investing. It applies to non-US investors, United States (US) investors, and US citizens and US permanent residents (green card holders) living outside the US.

The following outline is provided as a topical overview of non-US domiciles:

These articles address Bogleheads® investing for individuals living and investing in countries other than the United States (US).

Non-US domiciles applies to US nonresident aliens, and also to US citizens and US resident aliens (that is, green card holders) living outside the US. A nonresident alien is someone who is not a US citizen or resident. US citizens, resident aliens and residents are known collectively as US persons.

Before investing:
Pay special attention to the section on Tax issues highlighting the impact of US tax legislation even on investors domiciled outside of the US.

  • Ambox globe content.svg For nonresident aliens: The US has harsh tax rules for US assets held by foreigners, some bordering on confiscatory. It taxes dividends paid by US stocks and US domiciled ETFs to foreigners at up to 30%, and may apply an estate tax of up to 40% on all US situated assets above a minimal $60,000 exemption. Be sure to understand how these tax rules will apply to you. If you need to avoid them, switch away from the usual US domiciled investments discussed among and used by US investors, and instead use equivalent investments domiciled in other countries, for example Ireland.
  • Usa flag.png For US persons: Uniquely among developed countries, the US taxes its citizens and permanent residents on their worldwide income whether they live in the US or outside. It has protectionist and draconian tax laws that dissuade US citizens and residents from holding non-US domiciled investments. Because of these, you must usually invest as if living in the US, and you effectively cannot use normal investments freely available to non-US persons living in the same country as you.

In both cases, take care to understand these tax rules and restrictions early on. This will help to avoid huge problems later.

General topics related to investing from outside of the US

Ambox globe content.svg Getting started

Ambox globe content.svg Investing from outside of the US

Ambox globe content.svg Bogleheads® forum for non-US investors

Ambox globe.svg Tax issues

Ambox globe content.svg Tax issues specific to nonresident aliens

Ambox globe.svg Usa flag.png Tax issues specific to US persons living outside the US

Usa flag.png Ambox globe content.svg Tax issues specific to non-US investors moving to the US

Ambox globe content.svg Currency issues

Investing in and from European Union countries‎

Euflag.jpg Introduction to investing in and from European Union countries

Belgium-flag.gif Belgium‎

Flag of Germany.png Germany‎

Flag of Ireland.svg Ireland

Italyflag.png Italy

Netherlandsflag.jpg Netherlands‎

Flag of Spain.svg Spain

Investing in and from non-European Union countries‎

Australiaflag.gif Australia

Flag of Brazil.svg Brazil

Canada flag.png Canada‎

Indiaflag.png India

Flag of Japan.svg.png Japan‎

Flag of Japan.svg.png Usa flag.png Japan specific to US persons living outside the US

Flag of Singapore.png Singapore

Taiwanflag.jpg Taiwan

UK flag.png United Kingdom

UK flag.png Usa flag.png United Kingdom specific to US persons living outside the US

Pension fund performance studies