for questions that relate to the laws, practices, and products of the European Union (EU).

learn more… | top users | synonyms

7
votes
2answers
246 views

What to do if asked to insert a 4-digits security code?

I own a MasterCard credit card. It has a 3-digit CVV code written on it, and I've always used it to make purchases. Now I'm in Ireland and everyone here wants me to insert a 4-digit code. The problem ...
0
votes
2answers
143 views

Why is google play charging money for books in public domain [closed]

Let's take "Mark Twain - Adventures of Huckleberry Finn" as example. You can find it for sale on google play: ...
0
votes
0answers
14 views

What are the yields for European high yield corporate debt as of now and historically?

What are the yields for European high yield corporate debt as of now and historically? I would like to be able to view yield breakdowns by rating (-B, -BB, C and lower) and maturity.
4
votes
2answers
126 views

Should I contribute to a 401k if I plan on moving abroad?

I am currently in my mid-twenties and have a long way to go before retirement. However I would like to move to Europe (EU-member countries only) in the not too distant future. I plan on staying there ...
0
votes
1answer
44 views

US payroll / tax question for non US citizen/GC holder living abroad

History: i am an Australian & British dual citizen currently living in the US (NYC) I am have a G4 spousal visa with employment authorization [but could easily get a E3 if required]. I am ...
2
votes
1answer
58 views

Taxes for citizen of EU country #1 living in EU country #2 and working from home for non-EU country #3?

I'm an Italian citizen, looking to move to Czech Republic; I'm going to work from home for a Turkish company. Who do I pay taxes to, and what kind of taxes? Also, when do I start reporting what I ...
1
vote
1answer
46 views

Where can I get AEX historical data - Amsterdam?

Where can I get historical pricing data on the AEX index, specifically the AEX index options, the weekly and daily series. I have a lot of infrastructure, such as ThinkorSwim, for US products but not ...
6
votes
2answers
1k views

Is life insurance linked to mortgage always a good idea?

My husband and I are 30 years old, have stable jobs, and earn roughly the same salary. We are buying our first house, with a 35% down payment. The monthly mortgage works out to ~15% of our combined ...
7
votes
6answers
524 views

I have an extra 1000€ per month, what should I do with it?

I've seen a few questions like this here, but they all seem to be adressed to Americans and their way of life. Let me explain: I am 27, single, live in Germany and recently got my first job, which ...
2
votes
2answers
60 views

SEPA and my name

It's the first time that I want to use SEPA payment method, I want to transfer 500€ from my bank account at Austria to France, I want to know, Is my name will be displayed on beneficiary statement?
1
vote
1answer
30 views

Can I find the duration of a SEPA “Lastschrift” permit I signed?

If you need the background, you can read my other question. But I'm interested in answers to this one independently of the situation described there. I allowed somebody to perform "Lastschrift" ...
1
vote
0answers
16 views

How can I find out the reason for a rejected SEPA “Lastschrift”?

I signed up for a service which is paid monthly, with a contract which went for one year and then auto-updates for another year if not canceled. The payment is done via SEPA Lastschrift (both I and ...
4
votes
2answers
205 views

How should I invest my money as a young graduate in Europe?

This is related to this question, but that question's answers are 95% tailored for residents of the US, basically recommending to full out the 401k retirement plan and this and that about stock market ...
1
vote
3answers
143 views

How can cold-callers know about my general financial status

I suppose many are familiar with the situation, when you receive a cold call from someone very enthusiastic to recommend you a "great financial offer" and starts talking endless marketese, and if I ...
1
vote
0answers
24 views

Paying cash into a EUR account in Italy (or another EU state)

I am in Turin, Italy and I have some cash (EUR) that I would like to pay into my EUR account in a non-Italian bank (Polish in this case). The bank takes SEPA transfers. What is the cheapest and/or ...
2
votes
2answers
66 views

Are there tax-advantaged plans/accounts in Europe without age restriction?

All the European countries I'm familiar with have tax-advantaged pension schemes to guarantee income for retirees, but there's a severe age limitation (like with 401(k)), which is incompatible with my ...
1
vote
1answer
391 views

Loan to buy a real estate in Germany

Today I have a question about home-loans: I started saving money to raise a small capital in order to submit a request for a loan and since I am totally new to this topic (and some language barriers ...
0
votes
0answers
61 views

Visa Credit Card Regulations in Europe

I'm a US expat living in Spain (almost a year now). I made a large purchase at an online store last week with my Visa credit card. The item has not shipped, but I have already been charged for the ...
1
vote
1answer
928 views

Income tax implications in India: sending money to ordinary OWN saving bank account

Could someone help on following: Please consider I am on work permit In EU and have not worked a single day in Inida in entire financial year Would I have to pay income tax other then TDS on ...
1
vote
0answers
44 views

General resources for people living in Europe

It seems difficult to find books and articles about investing that are not focused on the US. The situation in Europe is a bit more complicated, with every country having its own laws - one usually ...
1
vote
3answers
293 views

How to donate to charity that will make a difference?

I want to donate to countries which have economic difficulties especially Greece. For a start 50 bucks or so. Because I have a large salary and not many expenses. How can I donate to charity in ...
4
votes
1answer
88 views

Is there a lower threshold for new EU VAT changes coming 1 Jan 2015 related to the sale of digital goods?

I've heard that sales of digital goods into the EU will need to have VAT charged at the customers country VAT rate from 1 Jan 2015. The seller will then need to either file a VAT return in each EU ...
0
votes
1answer
151 views

Alternative on Plus500 for SHY

I want to try out stock trading, I have assembled a portfolio and I've found Plus500 where I could find most of the ETFs I want to trade. I just could not find SHY. So I started to look for an ETF ...
2
votes
1answer
191 views

Letters in IBAN: How to calculate the hash

Until I got an account in France, I didn't know that you can have letters in your account number. Since it's in EU, I've got IBAN with the account, which shows the letter as well, and it has a ...
4
votes
3answers
4k views

How to get money from bangladesh

The situation Recently we sold some property in Bangladesh. It gained a nice sum of money, but now we are a bit stuck on how to get it out. We can be flexible but prefer to transfer it to a west ...
1
vote
1answer
182 views

European vs. American mortgage underwriting with regards to the health of the borrower

Whenever I hear about a European mortgage application process, there are always health records involved. They want to know that the borrower is likely to outlive the mortgage (or most of it, I guess). ...
2
votes
1answer
64 views

Possibility of donations in an educational site

I would like to create a site with a series of lectures in video form. The lectures will concern the presentation of philosophical books. Would it be possible for people to donate a small amount of ...
2
votes
1answer
154 views

What are online payment options with no chargeback protection?

What exactly are chargebacks and chargeback fraud? Is it a complaint about not receiving the product, or is it about the customer saying that he did not authorize the payment? If I understand ...
2
votes
1answer
59 views

Tax documents in Italy

One of my cousins had a major injury on the road in Italy - January 2013. Previous to that he has decided to move there, and had all the required documents, residency, health insurance, IDK. For now ...
6
votes
3answers
445 views

What are the lowest-expense index funds available to an EU citizen?

I see people talking about 0.05% expense ratios, presumably meaning the Vanguard S&P 500 fund. Vanguard advertises an average expense ratio of 0.19%. Sounds great. But the index funds from ...
0
votes
2answers
265 views

Does freedom to provide services allow me contracting in Germany without paying taxes there (but in my home EU country)?

The freedom to provide services is one of the fundamental rules of European Union. However, when considering contracting in Germany, I was informed I can't do that with my Polish single-person ...
0
votes
2answers
346 views

Validity of Visa Electron abroad

I have a Visa Electron card: debit, non-embossed, French, being a "REALYS" and "CB" as well. I would like to ask what is the validity of such card abroad in cash machines (namely in the Czech ...
4
votes
1answer
197 views

Is it true Visa & Mastercard can choose a more beneficial date (for them) for the exchange rate on a foreign transaction?

Whenever I pay abroad (or online) with my debit card, the amount charged is in a currency other than my card's own. I am aware Visa/Mastercard charge for a foreign currency conversion. I heard a ...
1
vote
2answers
171 views

Why do the banks charge for using credit card in ATM?

When I look at the credit card offer in several banks, they always have some price on withdrawing money from ATM (at home, not abroad), e.g. "3.5%, at least 2EUR" or similar. Why aren't there credit ...
4
votes
3answers
5k views

Can merchants tell the difference between a credit card and embossed debit card?

I don't have a credit card, still some merchants (e.g. car rental companies) require a credit card to use their services. If I have an embossed debit card issued, may I be confident to use it when ...
4
votes
5answers
3k views

Should I buy my first car with all of my savings?

Note: I live in Europe. Hopefully - In a few months time I will be (age) legal to drive, and after getting my license I'm thinking of getting a BMW E46 after years saving up cash from my full-time ...
3
votes
1answer
210 views

Looking to invest a part of my savings in state loans (bonds), how do I approach this?

I've read in several sources that once you have a certain amount of money it makes sense to invest it, rather than putting it in a savings account. Which makes sense since taxation on investments can ...
2
votes
1answer
2k views

How does remittance work? How does it differ from direct money transfer?

I have a bank account in Germany in which I receive my salary in Euros. I want to deposit a part of it in my Indian bank account for personal savings. My Indian bank account is in INR. As I see it, I ...
9
votes
1answer
2k views

How do euro hedged index funds work?

I was trying to find a S&P 500 tracking fund and came across this one. db x-trackers S&P 500 Euro Hedged Index UCITS ETF. Can anyone explain what the Euro hedging means and how it is supposed ...
1
vote
1answer
484 views

How can a beginner start an investment portfolio in Europe (France)?

I have been lurking, reading information about personal finances for a few months (if not years) now, but I didn't get the chance to start because I don't know where to start. Here is the thing: I am ...
2
votes
2answers
553 views

Can I deduct taxes for home office as a freelance computer software developer?

I am currently working as a freelancer in Belgium for a company developing computer software. In the contract it says that the work is done at client's office and each day I work from the office. I've ...
0
votes
1answer
178 views

EU deposit guarantee fund for failed state guarantee

I am not able to find reliable information on this topic. Generally speaking, all deposits in EU banks are secured by national guarantee fund up to about 100k. Image a national fund would fail because ...
0
votes
1answer
759 views

VAT and duties payable when importing personal goods from Switzerland and the Channel Islands to the EU?

Switzerland is a pretty murky one: it's part of the Schengen zone (so there are no physical borders) but it's not part of the European Union Customs Union so you have to pay duties when exiting and ...
1
vote
2answers
5k views

U.S. VISA gift cards and usage in Europe; technical and/or legislative insight?

Can you use any U.S. gift card anywhere in the world to pay at a counter with a VISA logo? I read on some web sites that U.S. gift cards don't work in Europe, but no reason was given, others were ...
0
votes
1answer
81 views

US citizen sometimes residing in spain, wanting to offer consulting services in Europe, TAXES?

So I am an independent contractor with and LLC in the US. I periodically reside in Spain and want to offer consulting services to Spanish and other European clients that would be conducted online/via ...
3
votes
3answers
5k views

International transfer: is IBAN code enough for a transition?

Do I need to know the bank name if I want to electronically transfer money to a private and I only know his name, surname and IBAN ? It seems that I need to know the BIC (SWIFT), or the bank name, in ...
1
vote
3answers
856 views

Index funds options for European Union citizens

U.S citizens can easily purchase Vanguard etfs to invest in indexed stocks or bonds. Are there any similar options for EU citizens, and which?
1
vote
1answer
144 views

Short term savings

I want to save about €1500 ($2000) in 5-7 months and then take out the money and buy something specific. There is a pretty low probability that I should need some of it during the first 4 months, but ...
2
votes
1answer
43 views

Do we know the simulated shocks used in EU bank stress tests?

The official document released only contains the outcomes of the stress tests. Does anyone know what shocks were specifically used? Was that information publicly released? Please note that the fact ...
9
votes
3answers
2k views

How can a person protect his savings against a country default?

I'm a middle-class citizen, currently living in a EU country (Greece in my case). How can I protect my little savings (that I currently have in a Greek bank) against a country default, like the one ...