108
Just to be clear, you're putting forward the Hongkong Shanghai Banking Corporation as a European EFT provider?
And HSBC may be European but boy are they absolutely despicable otherwise ๐ฌ
They're a bank.... story checks out.
Yeah European = Good is a lie.
But well, European = not financially contributing as much to Trumpโs corpocratic neofacist ethnostate, so probably better if you were gonna buy the thing anyways.
Well yes, it's a British bank headquartered in London that dates from the time Hong Kong was British...
HSBC are shit, but they're British shit.
absolutely fuck these guys. they're amongst the worst money launderers in the world !
If youโre complaining about higher EU fees. Buy ETFs domiciled in Ireland. With most of europe, that means zero dividend withholding tax, unlike 15% (or more depending where you live) for US based. Over a couple years, the dividend fees on the Us version add up and make Ireland more profitable for long term, even if the expense ratios and trading fees are a tad bit higher.
Forgive my ignorance, but can an American buy an Irish ETF? If so, what are the rules around it?
Check out the US tax treaty with ireland to figure out if it makes more sense for you.
How does Ireland and Luxembourg compare for European ETFs. My broker gives discount on Luxembourg Amundi stoxx 600. Which makes it quite good to buy it monthly
Le chat mistral:
"Luxembourg-domiciled ETFs generally do not withhold tax on dividends from European stocks for non-resident investors. However, for US stocks within these ETFs, Luxembourg-domiciled funds are subject to a 30% withholding tax on dividends due to the lack of a favorable tax treaty with the US, unlike Ireland which benefits from a 15% rate .
Luxembourg does not impose any withholding tax on dividends paid by investment funds to non-resident investors . However, Luxembourg-domiciled mutual funds are subject to an annual subscription tax, although passive ETFs are exempt from this tax. Active ETFs will also be exempt from this subscription tax starting in 2025 .
For Luxembourg residents, different tax rules may apply, and they might be subject to other taxes such as subscription tax on certain funds."
Kuddos for the meme format, i like this.
Was going to say the same thing, I like it as well
Agreed, been too long since Theresa May left the limelight.... Nothing like some pro-EU memes to re-start the trend. I like it!
On the risk of misunderstanding you, but this is not Theresa May, this is Ursula von der Leyen
Lol wow! I'm way out of my element, Donnie ๐
That person is the architect of the disaster that the EU is going through. Its an American ally, trying to bring EU and Asia connections down.
this post was submitted on 05 Apr 2025
108 points (100.0% liked)
Buy European
4994 readers
967 users here now
Overview:
The community to discuss buying European goods and services.
Rules:
-
Be kind to each other, and argue in good faith. No direct insults nor disrespectful and condescending comments.
-
Do not use this community to promote Nationalism/Euronationalism. This community is for discussing European products/services and news related to that. For other topics the following might be of interest:
-
Include a disclaimer at the bottom of the post if you're affiliated with the recommendation.
-
No russian suggestions.
Feddit.uk's instance rules apply:
- No racism, sexism, homophobia, transphobia or xenophobia
- No incitement of violence or promotion of violent ideologies
- No harassment, dogpiling or doxxing of other users
- Do not share intentionally false or misleading information
- Do not spam or abuse network features.
- Alt accounts are permitted, but all accounts must list each other in their bios.
Benefits of Buying Local:
local investment, job creation, innovation, increased competition, more redundancy.
European Instances
Lemmy:
-
Basque Country: https://lemmy.eus/
-
๐ง๐ช Belgium: https://0d.gs/
-
๐ง๐ฌ Bulgaria: https://feddit.bg/
-
Catalonia: https://lemmy.cat/
-
๐ฉ๐ฐ Denmark, including Greenland (for now): https://feddit.dk/
-
๐ช๐บ Europe: https://europe.pub/
-
๐ซ๐ท๐ง๐ช๐จ๐ญ France, Belgium, Switzerland: https://jlai.lu/
-
๐ฉ๐ช๐ฆ๐น๐จ๐ญ๐ฑ๐ฎ Germany, Austria, Switzerland, Lichtenstein: https://feddit.org/
-
๐ซ๐ฎ Finland: https://sopuli.xyz/ & https://suppo.fi/
-
๐ฎ๐ธ Iceland: https://feddit.is/
-
๐ฎ๐น Italy: https://feddit.it/
-
๐ฑ๐น Lithuania: https://group.lt/
-
๐ณ๐ฑ Netherlands: https://feddit.nl/
-
๐ต๐ฑ Poland: https://fedit.pl/ & https://szmer.info/
-
๐ต๐น Portugal: https://lemmy.pt/
-
๐ธ๐ฎ Slovenia: https://gregtech.eu/
-
๐ธ๐ช Sweden: https://feddit.nu/
-
๐น๐ท Turkey: https://lemmy.com.tr/
-
๐ฌ๐ง UK: https://feddit.uk/
Matrix:
-
๐ฌ๐ง UK: matrix.org & glasgow.social
-
๐ซ๐ท France: tendomium & imagisphe.re & hadoly.fr
-
๐ฉ๐ช Germany: tchncs.de, catgirl.cloud, pub.solar, yatrix.org, digitalprivacy.diy, oblak.be, nope.chat, envs.net, hot-chilli.im, synod.im & rollenspiel.chat
-
๐ณ๐ฑ Netherlands: bark.lgbt
-
๐ฆ๐น Austria: gemeinsam.jetzt & private.coffee
-
๐ซ๐ฎ Finland: pikaviestin.fi
Related Communities:
Buy Local:
Continents:
European
Buying and Selling:
Boycott:
Countries:
Companies:
Stop Publisher Kill Switch in Games Practice:
Banner credits: BYTEAlliance
founded 2 months ago
MODERATORS