Maybe somebody here can give me some recommendations.
I’m traveling around the world since 2008. The Swiss municipality I was registered at noticed that I have been outside of Switzerland for more than 6 months so they’ve deregistered me - as it seems you’re not allowed to be outside for longer than 6 months… So since 2010 I’m officially residenceless. I’m not registered as living in any country nor do I have to pay taxes anywhere. I didn’t earn enough to need to pay them anyway (at least in Switzerland) and never stayed anywhere long enough to become taxable.
Anyway, I’ve managed to save some money over the years and I’d like to invest them mainly into some ETFs. Right now I’m looking for Brokers. I’ve managed to open an account at Degiro and Interactive Brokers using the address of my parents in Switzerland. I just wanted to see if I manage to open the accounts or not but didn’t decide yet which one to use.
I’m planing to invest around 50 000 CHF during this year, probably it will be some more next year depending on how some projects work out this year. My main question now would be, which one would you recommend me? Degiro or Interactive Brokers or a completely different one?
There are several questions I’ve tried to find answers for, but not too successful so far.
- What about withholding taxes. I don’t fill out any tax declarations. So I won’t be able to ask any withhold taxes back (As far as I know)
- Could I get into any trouble since I don’t have a residency? Would I need to proof my residency in some way at one point in time? For the registration my identity documents and AHV number were enough. I do have a bank account in Switzerland registered on my name and on my parent’s address (Usually I use that one if anybody asks me for further proof of residency but I’m not sure if that would be enough)
- Is there something else I’d need to consider because of my situation?