Circulating in China’s Financial System: More Than $200B in I.O.U.s

Re:Circulating in China’s Financial System: More Than $200B ... by gingabriska on Thursday August 08, 2019 @02:50AM (#20642385)

I assume you are in US? But can international investor invest in index funds? If yes, what vehicle to use?

For example, my friend has investment company in British Virgin Islands, if he puts money in US index fund he ends up losing 15-20% to withholding taxes.

What are other people doing then?

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Re:Circulating in China’s Financial System: More Than $200B ... by basementcat on Thursday August 08, 2019 @05:51AM (#20643062)

Retail investors in most industrialized countries have access to index funds; Check with your local brokerage. You may or may not want to invest in US index funds and it may make sense to place a sensible portion of your portfolio in an index composed of businesses in your country (to avoid currency fluctuations). US (or other foreign) index funds may be available in your country via some sort of depository receipt arrangement.

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Re:Circulating in China’s Financial System: More Than $200B ... by nradov on Thursday August 08, 2019 @03:17AM (#20642482)

US investors also have to pay about that much tax on any realized gains, unless they hold the funds in a tax-free retirement account.

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Re:Circulating in China’s Financial System: More Than $200B ... by nemo44x on Thursday August 08, 2019 @09:13AM (#20644166)

Not entirely true since many index funds pay qualified dividends.

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Re:Circulating in China’s Financial System: More Than $200B ... by dahx4Eev on Thursday August 08, 2019 @04:39AM (#20642804)

Is that dividend tax?

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