One question relating to the points on the 30% WHT on US ETFs (for non US citizens)
Does this only apply on US listed ETFs?
So if I bought an S&P500 ETF listed in HK, I would not pay, right? Or if I bought the same ETF listed in London, also would not pay.
Or, is the 30% WHT related to the underlying securities? So the S&P500 ETF would require WHT, even when listed in HK or UK? Is this the same % for HK and UK?
And if so, does the WHT essentially just come out of the ETF profits, so is essentially invisible to the investor?
sorry I know this topic has come up, but I couldnt find a clear answer. Thanks in advance
Why not buy from the cheapest broker and then transfer the stocks to a bank for safekeeping?
Thanks for those that responded on my WHT question.
I understand and that as a non US resident based in HK that I am better buying an ETF domiciled in Ireland compared to one domiciled in the US.
But how about HK vs Ireland?
eg Is there any difference between buying an ETF that is listed in HK compared to the same ETF listed in Ireland?