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Newbie Capital Gains Tax Question on EFT investing

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Comments

  • EdSwippet
    EdSwippet Posts: 1,682 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    pizza_lord wrote: »
    Why would you avoid non UCITS ETFs?
    That's not exactly what I wrote.

    You should specifically avoid US-domiciled ETFs, because of the potential for US estate taxes. In doing so the next most likely set of ETFs you would run across would probably be UCITS.
  • EdSwippet
    EdSwippet Posts: 1,682 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    masonic wrote: »
    Newbies are generally better off buying open ended funds through a platform that offers free trading.
    Thanks to KYC and other UK platform and broker regulation this is often, unfortunately, not an option for non-UK residents. The next best way would be to use a local non-UK broker and then buy UK/EU domiciled ETFs on the LSE.
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