Upgrading to the "Weltportfolio" by Gerd Kommer

Ah thats good to know :smiley: I just figured out that I can indeed buy VT through my broker (Strateo). I also learned that it comes with a bit more work on the tax-front as I need to fill in two different forms to reduce the taxes imposed.
Is there any disadvantage that I haven’t thought about yet when buying VT (an US fund) through a Swiss broker (Strateo) ? Still kinda insecure as most of you are with IB.

find most important tax stuff here
the three dominating differences (afaik) with swiss brokers are

  • the trading fees are 2 orders of magnitude higher
  • if you are unlucky your broker is not “qualified” and can’t issue the w8-ben (15% reduction on us witholding tax)
  • you pay stamp tax 0.15% on top of commissions

there are a few others, but these are the prominent ones

2 Likes

Alright thanks. I’ll contact my broker to ask if they qualify.

Strateo does not qualify for W-8BEN if anyone wondered.

Does anybody know how to balance those three? Is there some updated data available somewere? Ideally directly from MCSI…

Yes, look here:

1 Like

Thanks. I think that should actually be pinned, and even documented over in our and Bogleheads wiki… Seems like very useful and important information.