How abou the Canada based VIU? Gives you pretty much the same than a US Based ex US ETF; yet at further Jurisdictional Diversification?
If you have experience with it, I am going to seize an opportunity and ask what are withholding taxes for dividends distributed by Canada based ETFs? Was reimbursement by a Swiss tax office successful?
15% of L2 WHT; can be re-claimed using DA-1 and the re-embursements will be granted like (and subject to the conditions of) any DA-1 re-embursements.
I don‘t anticipate material difference among US and Canadian L1 WHT aka a Canadian ETF that holds Non-US Shares probably loses the same amount of non-recoverable WHT like a US or IE one.
Compared to an IE ETF, a Canadian one means that Canada (but not Switzerland) will get the taxes on the first 15%. This is not ideal as I have no appetite to increase a foreign countries‘ tax revenues. Yet, Canada is not that bad I think and as long as there was no IE alternative; I am willing to take this. Compared to an US ETF, the Canadian one migh have a tinily higher Exoense Ratio; yet it shouldnt be a material difference and you get to diversify at least a bit from all the Trump, IRS and Capital Gains Tax risks.
Yes I saw this one, but was wondering about the first hand experience.
Mind if I split out the topic about Canadian etfs?
Good idea to split it out. I do hold VIU.
And I guess it’s not possible to buy CA ETFs at European brokers?
It works with Swiss brokers, like Swissquote or Postfinance. Suspect that Eu Brokers would face the same challenge than with US ETF. IBKR should work I think.