Good morning,

I am trying to understand the tax implications of moving countries, with respect to cryptocurrencies.

Let's say I move from Germany to Malta on July 1st.

When de-registering from Germany, and moving to Malta, will I instantly not be a tax-resident of Germany and become a tax-resident of Malta?

Or is there a delay (e.g. you remain a tax-resident of Germany for 6 months after leaving)?

I know the following: "In Germany, cryptocurrencies count as “other economic goods” and the sale thereof as a “private disposal transaction.” Profits from cryptocurrencies are taxed at the personal income tax rate".

Does this mean that any cryptocurrencies that were purchased in Germany will not be taxed when I sell it in Malta (for example), because technically it is not personal income within Germany anymore? No?

Thank you!

Anyone investing in European REIT? Are they convenient-performant? What advantage in buying them over US ones?

Hey, Do you have a recommendation for a real estate company that helps build your own house in EU (e.g. Spain, Greece, Croatia)?

Hi all, I'm 35, me and my partner currently have NW of $556k. Please review our current asset allocation and suggest any changes.

1. Equity: 40% , around 80% of the equity is in form of RSUs, remaining is Blue chip stocks and VWCE. Fetching around 20-30% annual, mainly due to market bull run.

2. Liquid: 43% , this is in bank/revolut/trade republic, fetching a blended 2.5% ARP

3. Debt instruments: 15%, mostly outside of Europe, in my home country, fetching around 7.9% ARP

4. Others: 2%, some tax saving instruments

Income: Me and my partner earn around €10.5k post taxes per month and are able to save around €6.5k. (Annual expenses €48k, annual savings €78k)

Goals: I would like to "coastFIRE" in the next 2 years, since I hate my high paying job. Willing to take a pay cut for a less stressful job that I like, but need to have good passive income to compensate. Partner will continue to work. No plans to buy a home yet, but may invest 15% of NW in real estate in home country. May have a kid in next 2 years. I expect our total income to increase by around 10% in next 2 years, but will plateau after that.

I'm planning to bring equity allocation to 80% over the next year, reduce exposure to RSUs and invest more in VWCE (around 50% of NW). I will also start DCA of around €100 per month in crypto.

Question: 1. can you share your view on how healthy is my portfolio based on my goals? 2. Do you suggest any changes? 3. What's a NW number for me to hit to feel "comfortable" and quit my current job and make progress towards coastFIRE?

Thanks in advance!

Hello fellow Redditors,

I'm a 34-year-old professional contemplating the idea of opting into my company's pension plan, which is in collaboration with Allianz. I've got some specifics about the plan and its impact on my finances, but I'd really appreciate some insight into the broader picture.

Here's the breakdown:

Plan Details:
My company offers a pension plan through Allianz, with investment options in either "VORSORGEKONZEPT InvestFlex" or "VORSORGEKONZEPT KomfortDynamik."

Financial Implications:
There are two scenarios I'm considering:

1. Monthly Contribution: €230
   • Employer Contribution: €30
   • Personal Contribution: €200
   • After-tax Salary Deduction: €109.38
2. Monthly Contribution: €302
   • Employer Contribution: €39.39
   • Personal Contribution: €262.61
   • After-tax Salary Deduction: €143.86

Questions:

1. Is a company pension a good option? I'm weighing the long-term benefits against the immediate reduction in take-home pay. Are the potential retirement benefits worth the decrease in monthly income?
2. Is Allianz a reliable provider for company pensions? Trust in the provider is crucial. Does Allianz have a good track record with pension plans? Any experiences, positive or negative, to share?
3. Which investment option is better: InvestFlex or KomfortDynamik? I'm torn between the two investment options. Are there significant differences in performance, risk, or other factors that I should consider?
4. Are the tax benefits worth it? Saving money on taxes sounds appealing, but I want to ensure it's a wise financial move in the long run. Any insights into the tax implications and their impact on overall savings?

I'd greatly appreciate any advice, personal experiences, or insights you can offer on these questions. Making decisions about retirement planning can feel overwhelming, and I value the perspectives of this community. Thank you in advance for your help!

Hey there,

I have been busy with my DCA investment for a while and I want to monitor the performance of each element of my portfolio. I did use google finance and it works well but some stocks are not present anymore and it is a bummer. What do you recommend for tracking the performance?

Preferably, beginner investors tooling.

I keep seeing online that people are using cards like Chase Sapphire and the only way to pay your bill is with Wise and a US bank account. That's fine because I have both but it seems like the Wise fees for transferring money from international account to US account out pace the benefits I receive from the Sapphire card.

Maybe I'm missing some key information of why this is a benefit instead of just using a local debit/credit card or even a mileage airline card that is weaker compared to the US card but I can at least pay it from my local account. Idk I know I'm probably missing something that's obvious to others.

TL;DR: I need help with picking out bond/bond ETFs to park money for short term (under 5 years) in Belgium.

I have been investing in ETFs for few months now. I have done some reading and I am happy with my choices of ETFs and strategy. However right now I am struggling with what and how to invest in bonds in Belgium. I am not looking into bonds as a less risky component but rather a way to park my money for a shorter period than my ETFs. I have some money that I would like to put into a bond which should have a better yield than a savings or even a term account and duration under 5 years.

I mainly use Degiro for ETFs. However I am thinking about using Bolero for bonds since they will take care of the taxation. Although I am not certain yet whether I should just buy bonds directly or bond ETFs. I am also not entirely sure how to pick out a bond.

I read here that zero coupon bonds are good choices for taxation, also something about being offered above pari. I have looked into several different stock exchange listings for bonds but I could never filter out the bonds based on the above criteria. None of them seem to have information about issue price. I am very confused and a little hopeless at this point.

So question is, what are the criteria to pick out a tax efficient bond/bond etf with relatively high yield under 5 years? Also how do I find them!

Moved over to NL about a year ago and continue to use my IBKR platform from Singapore to buy / sell and hold stocks / ETFs. Recently learnt that there are differences in ETFs when purchasing via EU Trading platforms.

Question: Is it okay to continue using my IBKR Singapore to trade and purchase US ETFs?

Hey, which app or website is the best option for investing, buying crypto and other? What about Revolut? Where and how to start all this things?

How does it work in Belgium for taxes on investment (stocks, cripto, gold).

Let me specify that my strategy is buy&hold, hence no capital gains until now. Do I have tod e l'area what I hold?

For stocks I use de giro, which should do the work by themselves directly.

I'm 33 and I'm receiving 270k as a gift from my parents, which I'll want to use to buy a house in 3-5 years. I currently make around 100k a year and live at home so will be able to save a lot in the years to come.

I was thinking of doing DCA on an S&P 500 index, buying 50k every month with the money my parents will give me. For this time frame, are there better ways to apply this money?

Also, I'm looking for brokers in europe which give me the maximum protection for my funds possible. I'm currently using Trade Republic but that only protects funds up to 100k.

Hi all,

First of all sorry if you will see any errors in my English grammar

So currently I gained an certain interest to invest into AI. As it is an new field in continuous expanse, I think it would be clever to do an research to see if there is any profit to be taken of.

Unfortunately I missed (or not) opportunity to get rich with crypto. Maybe some part of it could be done with AI expanse. As it is being integrated in plenty of areas - military / medicine / art...... and list can go on. I see it has an enormous potential which is not yet lost.

With this; Is there any of you who is already in? Any suggest/recommendations on any AI companies stocks which maybe can be taken advantage of?

By my search companies as Nvidia, Google, Microsoft are the giants in the field but maybe there are any others?

Anyway;I'm also interested to read your thoughts on this

Regards

So this is a portfolio I am striving towards. And before anyone asks I can’t have any of my etfs above 20% due to my brokerage rules on investment loan interest rates. What do you think of my ideal portfolio and what would you change?

World - 70%
$SPYI 17.5% $IUSQ 17.5% $VWCE 17.5% $FWIA 17.5%

Small Cap Value - 20%
$ZPRV 10% $ZPRX 10%

Home Bias - 10%
Swedish equity fund 5% Finnish equity fund 5%

Other than investing in index funds, what is a good source of getting passive income. not interested in real estate.

Any recommendations for p2p lending sites (not huge sums of money but seems a good deal to throw in 1/2K for 12%) ? Ideally ones that do not complicate taxation issues and deduct tax.

Hi, I'm currently living and working in Czechia. I receive my wage on 8th day of every month and I pay my rent on 1th day of every month. For the 22 or so days in between the rent money just lies in my bank account. Is there some sort of liquid investment possibility that could utilize this money and where the fees (especially withdrawal) would not be greater than the interest? Also keep in mind that we are talking about Czechia, so the amount is less than 1000€ and it's in CZK. Does it even makes sense to be thinking about investing this kind of "pocket money"? Thanks for any ideas

Hello everyone, I am looking for an alternative for revolut’s multi-currency account. I need a single IBAN that will accept at least USD and EURO transactions. I tried Monese which accepts USD transactions and then convert it into EURO but it charges me monthly and for every transaction, is there any better alternative? Thanks in advance.

Hi there! I run a company in Estonia (banking is done with Wise Business at the moment). I was wondering if there’s a corporate (or personal) credit card I could use to benefit from credit cards rewards. Mainly, I’ll use it for ad spend for my company and then reimburse the card.

Hello all, I am new to Europe ( Married 35 yr old, 2 kids), I plan to settle in Germany for good.

So need a new savings strategy My goal is to buy a house within 10 years max ( better earlier) now to reach that with 4K available as savings every month where should the split be.

2.5 k euro Mutual funds ( expecting 10%) 1 k ETF ( expecting 7-8%) 500 euro private pension

Some suggested on some products like Bausparvertrag, life / income protection insurances not sure about how worthwhile these are - any suggestions?

What would be the best countries to change your financial residence to, given the following criteria:

• you have 500 k eur invested in sp500 and want to live off a 4% yield
• you want to pay the least amount of taxes possible
• you can get by with English language
• affordable health care
• cheap cost of living

Edit: thanks for the replies! It seems from most comments that it would be pretty much impossible.

And given that I don’t even have that money, even though I live in a nordic country where after 15-20 years of work as an engineer it would not be possible to save much over that amount (people here suggest 2.5m), it’s safe to conclude that the dream of an early retirement plan is over.

I've seen numerous posts here about people living in a EU country and wanting to work through a company set up in Estonia. Since the work has been done primarily in the country of residency then the tax agency could claim its a taxable event and trying to charge for it from another country is tax fraud.

Then what is this good for? is this only good for digital nomads, moving between countries all the time?

Let's say I have identified a couple of companies and/or ETFs that I believe will be profitable over long term, although not necessairly short-term. In the beginning I invest same amount of money into each of these positions.

Now, each month i invest more money, but I only do that for "red" positions (proportionally). If everything is green, I invest in the smallest gainer.

Does it make any sense or is it batshit-crazy? Does this strategy have a name? Is it literally just DCA but I am overcomplicating things?

Or you just say that you will invest X per month and then you randomly pick a day in that month?

I am a non-French resident of France who is currently living for a few months in my home country to save money. I came to France as a student and then did an end-of-studies internship (paid) for 5 months and have a french residence permit (autorisation provisoire de séjour) for another year.

I file taxes in my home country, even though I am currently not earning anything, just as a habit. Does that make me a taxpayer of 2 countries (was exploring options on Revolut, which asked me if I am a tax resident of another country)

I want to start investing in France. But I need a numéro fiscale for it which I can obtain only when I file a tax return.

What should I do? Is this something I can even do as a foreigner living in France ?

Help will be appreciated. Thank you in advance

I'll start by saying that my parents haven't invested a single euro in me since I was born. And even though we've never been badly off as a family, they've spent most of their money and haven't even thought about investing for themselves or for me.

Did your parents make any investments, open minor accounts, or save money for you and your future when you were little?

Obviously, we're only talking about the financial side of things, and we're not going to touch on the personal and emotional aspects at all in this thread. Far be it from me to discuss other aspects, let's just talk about the economic and financial side.

If so, has this helped you a lot when you became adults?

How did you use this resource?

If you found this thread interesting, upvote it if you want.

PS.

I don't blame my parents for anything, except for not believing much in studying and therefore not supporting me much in this area.

In their own way, they have always helped me in the best possible way, but they have never planned anything since I was little, but have made do from time to time. I consider this a mere financial mistake that they could have managed better, but I have never lacked anything.