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Thanks Patrick - even better.
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Shares / Re: US shares - for those with EE accounts
« on: September 07, 2017, 02:47:32 pm »
Very good point - had not seen that!
Will be going to the UK - couple of years away though (probably), dependent on when our dogs die.
Will be going to the UK - couple of years away though (probably), dependent on when our dogs die.
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Shares / Re: US shares - for those with EE accounts
« on: September 07, 2017, 10:00:39 am »
It does look interesting. Slight pain for me as i would need to open a bank account with another company as Capitec does not do SWIFT. Think I would do it if I planned to stay in SA, but as we definitely emigrating, will hold off. Really want a degiro account and all that is offers.
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Shares / Re: Be careful of DTA wording if emigrating.
« on: August 16, 2017, 02:30:16 pm »The UK is much more tax friendly than Portugal. The DTA's are almost verbatim but the exempt amounts are so high that I will never have to pay tax in the UK on Capital Gains.
Withholding tax on Dividends will still be 15% and paid to SARS.
The only reason we never relocated to the UK is because we cannot afford to live there. Rent is about double compared to here. Food is 3 to 4 times more expensive. The exact same wine that I buy here for €0.64 costs £4.00 at Lidl. What a rip off. Couldn't wait to get back here to start eating and drinking wine again.
Although higher than Portugal, it's not crazy ether. Would be looking at a town in the south around 2 hours from London - thinking Margate, Worthing, Hastings.
Decent 1 bedroom flat £600
Council tax £100
TV/internet £25
Car insurance £50
Elec/gas £70
Food £200
So with a little bit of spending money, £1500 should be ample. Now although Portugal is cheaper and the weather nicer, language and the fact there is so much work - much of it part time would work in the UK's favour. I think I would actually enjoy having a couple of part time jobs - not really the money, but more about meeting people.
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Shares / Re: Be careful of DTA wording if emigrating.
« on: August 15, 2017, 02:40:40 pm »
BTW - have also been looking at the UK's tax system.
First 5000 pounds of dividends are tax free.
Also, you only start paying tax on earnings over 11,500 pounds (or thereabouts)
The problem is in SA is that you often are paying CGT not on capital GAINS, but on a weakening rand.
First 5000 pounds of dividends are tax free.
Also, you only start paying tax on earnings over 11,500 pounds (or thereabouts)
The problem is in SA is that you often are paying CGT not on capital GAINS, but on a weakening rand.
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Shares / Re: My retirement blog.
« on: August 07, 2017, 08:06:08 pm »
Really good news. Portugal sounds brilliant.
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Off topic / Re: Live chat
« on: July 12, 2017, 02:01:47 pm »Any significant newcomers listed on the JSE recently?
kaapagri is interesting. Does very well, not sure why! Was thinking that maybe they own a lot of their properties?
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Shares / Re: I Need Broker Suggestions. I'm Looking to Buy shares that Pay Monthly Dividends.
« on: July 11, 2017, 11:18:01 am »
BTW - a while ago I did email ameritrade about opening an account with a SA bank account ::
Quote
Thank you for letting me know your country of residence. You can open an account at TD Ameritrade as a resident of South Africa and we will need to receive the following:
A completed and signed account application (you can use the online account application to open your account, but be sure to print it out before you submit it online to sign and date and send in with this other required documentation)
A copy of your current passport and a copy of a bank or financial statement
A completed and signed W-8 BEN form (copy attached).
You can send all of this as an attachment to this email to be processed, and if you have any other questions, please let me know.
We appreciate your interest in opening an account at TD Ameritrade and I hope you are having a good day!
Best Regards,
Elizabeth McNeil
New Accounts, TD Ameritrade
TD Ameritrade, Inc.
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Shares / Re: US shares - for those with EE accounts
« on: July 05, 2017, 10:50:28 am »
Will be very interested to see how dividends are treated. But must say, looking interesting. Always wanted to own VISA - but lot's of really interesting companies there, others for me would me AMD and Nvidia - but looks like lot's of hours of research in front of me - excellent.
So would be interested to know - what you looking at. And what percentage of SA shares will you be selling to buy US shares? I am thinking 1/4 - 1/3
So would be interested to know - what you looking at. And what percentage of SA shares will you be selling to buy US shares? I am thinking 1/4 - 1/3
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Shares / Re: ?MAYBE? the future of investing? What do you think?
« on: June 24, 2017, 04:14:46 pm »
@life-of-al have traded burst a few times, buying at level below 500 and selling at 600 or so. So sold out when this spike happened! oh well. Overall have done ok with this crypto business, so won't complain