for questions that relate to the laws, practices, and products of the European Union (EU).
0
votes
0answers
61 views
Opening a bank account in Europe for trading purposes
I'm interested in opening a bank account in Europe, but I really don't know where to start. I will be using this bank account for currency trading purposes
I need the bank to have
low to none ...
4
votes
1answer
52 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
0answers
55 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
177 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
69 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
135 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
532 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 ...
2
votes
1answer
616 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 ...
0
votes
3answers
120 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
104 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
40 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 ...
7
votes
3answers
1k 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 ...
5
votes
1answer
217 views
What is the usual delay for a SEPA transaction?
I wired some money from France to someone having an account in Germany, using a SEPA (Single Euro Payments Area)
My bank acknowledged the transfer, and the person is telling me his didn't. He is ...
3
votes
2answers
305 views
Does a European country take out tax from paycheck for a contract employee who is a US citizen?
If a US citizen works in a European country whose currency is Euro for a European company on a contract job (which pays by the hour), does the company take out tax deductions in advance from the ...
6
votes
2answers
681 views
If a US citizen works in Europe as a consultant, what are the tax consequences?
I am US citizen and professional software consultant. If I get a contract position, lets say in the UK or Switzerland for a European company, do I pay taxes to that country, or to IRS? Does it matter ...
12
votes
8answers
2k views
Can I buy only 4 shares of a company?
I haven't traded yet online but I wanted to try, just to see. I'm in Europe and I'd like to buy 4 shares of Apple (it's about $344 as I write this, so I would invest about $1376).
Can I just open ...
5
votes
2answers
194 views
Should LLC be opened in US or overseas?
I am a dual US and EU citizen looking to open an investment holding company under an LLC. For optimal tax circumstances, should the LLC be opened in the US or overseas?
2
votes
2answers
155 views
ESPP taxes after relocating from Europe to the United States?
I was working for company X(Europe) where I was enrolled in ESPP (Employee Stock Purchase Program). After a few months when I sold the stock I received an offer from the X(US) "the mother company" to ...
1
vote
1answer
92 views
Using stock markets in Europe, how can I buy commodities / resources, to diversify my portfolio?
I am in Europe and I would like to differentiate my portfolio in buying resources, such as oil, sulphuric acid, titanium etc. Of course not in material form, but as stocks. How can I achieve this?
4
votes
1answer
324 views
Considering inflation, what's the value of Euro today (January, 2011) compared to 2005?
So what would be 1000 Euro from 2005 worth today (January, 2011), considering the inflation?
3
votes
2answers
264 views
How does moving to another country affect ones savings & investment plans?
The question is related to this one, but I am more interested in investments than savings.
Here's my situation. I'm in my 20s and I'm currently in the US, but a EU citizen; I have saved up a bit of ...
3
votes
1answer
152 views
Why are gasoline prices so hugely different between America and Europe?
I noticed in several cases it's triple or more.
9
votes
3answers
1k views
Why can't a US state default, but a EU state can?
I'm new here so I'm not sure if this type of question is appropriate on this site.
I live in the EU (Italy) and I'm quite concerned (probably not the only one now in EU) about the possibility of some ...
24
votes
8answers
12k views
What happens to my savings if my country defaults or restructures its debt?
I live in a eurozone country that a lot of people think will soon default or restructure its debt. My family has a savings account in a bank here. A similar question has been asked before, but it ...
3
votes
1answer
198 views
Wandering EU worker: Pension / retirement fund if working in multiple countries?
I am European, always worked in Europe in many different countries, and I have pension funds scattered around all the old continent. The EU legal system does not allow pension fund transfer among ...
5
votes
2answers
189 views
Which EU or Turkish bank will issue a debit card to a non-resident from Ukraine?
I live in Ukraine and I want to get a debit card in any other country, preferably in EU or Turkey.
Please advice a bank which can issue this kind of card (debit card) for me.
