As many of you know I've been doing quite a bit of research into investments etc after my IFA fiasco.
I've now got some shares in the US market, mainly with Vanguard ETFs and the aim is to top up every month.
I've at the same time got some funds open up in the UK (again Vanguard funds) through iii.
Next thing I'm now looking into is Estate Duty (US) and IHT.
Seems in the US, if you have US listed shares which have underlying assets in the US (and this would probably include any S&P 500 ETF) you will get whacked with estate duty of 40% after US$60k of assets.
In the UK the IHT is GBP325k.
Also both in the US and UK need to consider withholding taxes and capital gains in the UK upon a sale.
There is the Vanguard HK S&P 500 ETF, but as has been previously discussed here, its probably not a great stock to own due to liquidity.