Hi - My husband and I are Swiss residents and we are selling some property in Germany which has been in the family for almost 50 years. We want to leave the proceeds in Germany and invest it into some index funds and more or less forget about it although we would like to drawn down dividends each year for my in-laws. Can anybody suggest the best discount brokerage in Germany to set up an account? We use IB in Switzerland and I think they are in Germany but not sure if they’re a main player. Secondly, could somebody advise on the best index fund strategy? Would it still be to buy either US or European vanguard funds such as VTI or VWRL? many thanks
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Also, what country will the owners of the index funds (you / your family) be tax residents of (Switzerland / Germany)?
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Quite sure we will put in my in-laws name (might be better for taxes) but this is / will ultimately be an inheritance which we could take now but we won’t. Therefore German residents. thanks
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You also want to decide whether to get the Distributing or Accumulating (Thesaurierend) variant of the ETF, depending on which Variant is more tax-advantageous in Germany.
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