Author Topic: Non US resident investment choice  (Read 2905 times)

directionseeker

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Non US resident investment choice
« on: December 13, 2012, 03:39:27 PM »
Hi all,

I am from Singapore. Is that possible to invest in US index fund from Singapore?

bigchrisb

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Re: Non US resident investment choice
« Reply #1 on: December 13, 2012, 03:48:56 PM »
It would be good to have sub forums for US and non-US investment topics - while the philosophy is applicable anywhere, the details are highly specific to individual countries.  For example, all the talk about 401k, roth, IRA is all great if that's your environment, but is meaningless to me in Australia with an environment of superannuation, salary sacrifice, and franked dividends.  I looked briefly at setting up an investment holding company in Singapore, and it looks like it has a quite different set of rules, and lower tax rates dropping the incentives.

As to low cost investment options, it wouldn't surprise me if you can access them from Singapore. I know a number of low cost options trade on the ASX, and I suspect you might find the same on the Singapore bourse.  A quick web search shows that Vanguard (one of the large indexing providers in the US) operates in Singapore - https://www.vanguard.sg but I could only find information for institutional investors rather than retail investors.  Maybe start by getting in touch with them?

Good luck!

directionseeker

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Re: Non US resident investment choice
« Reply #2 on: December 13, 2012, 04:01:45 PM »
Thanks! That was good information!

gooki

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Re: Non US resident investment choice
« Reply #3 on: December 14, 2012, 02:14:36 AM »
Any decent share broker should allow you you to purchase US listed ETFs (exchange traded funds) of which there are some vanguard options to choose from. I'd start by looking at etrade singapore if your new to this.

directionseeker

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Re: Non US resident investment choice
« Reply #4 on: December 15, 2012, 07:08:29 AM »
It would be good to have sub forums for US and non-US investment topics - while the philosophy is applicable anywhere, the details are highly specific to individual countries.  For example, all the talk about 401k, roth, IRA is all great if that's your environment, but is meaningless to me in Australia with an environment of superannuation, salary sacrifice, and franked dividends.  I looked briefly at setting up an investment holding company in Singapore, and it looks like it has a quite different set of rules, and lower tax rates dropping the incentives.

As to low cost investment options, it wouldn't surprise me if you can access them from Singapore. I know a number of low cost options trade on the ASX, and I suspect you might find the same on the Singapore bourse.  A quick web search shows that Vanguard (one of the large indexing providers in the US) operates in Singapore - https://www.vanguard.sg but I could only find information for institutional investors rather than retail investors.  Maybe start by getting in touch with them?

Good luck!

I tried to contact Vanguard Singapore and it turned out they only accept query from institutional investor, totally ignoring retail investor. I guess I just have to look for other index fund here in Singapore. Wish me luck.

directionseeker

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Re: Non US resident investment choice
« Reply #5 on: December 15, 2012, 07:10:22 AM »
Any decent share broker should allow you you to purchase US listed ETFs (exchange traded funds) of which there are some vanguard options to choose from. I'd start by looking at etrade singapore if your new to this.

Thanks, I will start look at the etrade singapore once I settled my debt. By the way, etrade singapore is an online share broker?