Hi folks
I want to get started in investing in ETFs in foreign markets. Ideally I wanted to invest in the Vanguard ETF (I believe it's called 'VWRD'?), but the 30% withholding tax for non-US citizens put me off. I know London-domiciled ETFs are taxed more favourably but this still seems to be at 15%. I believe Hong Kong offers 0% tax, so that's what I'd like to look at.
This is where I'm stuck I'm afraid. I have no idea where to start in terms of which ETF to purchase and how to go about doing that. Is it simply a matter of buying a 'VWRD' ETF on the Hong Kong stock exchange?
Very sorry to ask what must be a silly question, but I'm coming up short in terms of finding the information I'm looking for online. Any help would be greatly appreciated.
Thanks
I want to get started in investing in ETFs in foreign markets. Ideally I wanted to invest in the Vanguard ETF (I believe it's called 'VWRD'?), but the 30% withholding tax for non-US citizens put me off. I know London-domiciled ETFs are taxed more favourably but this still seems to be at 15%. I believe Hong Kong offers 0% tax, so that's what I'd like to look at.
This is where I'm stuck I'm afraid. I have no idea where to start in terms of which ETF to purchase and how to go about doing that. Is it simply a matter of buying a 'VWRD' ETF on the Hong Kong stock exchange?
Very sorry to ask what must be a silly question, but I'm coming up short in terms of finding the information I'm looking for online. Any help would be greatly appreciated.
Thanks