Recent content by imrjl

DBS private bank told me today that they cannot segregate capital and income as required for uk-non-dom. .

Interesting, I am now talking to the same three UBS, CS and DBS. UBS gave me an offer of 0.5% custody and 0.5% trading fees. Still waiting to hear from the others.

Thanks. I'll give up on finding a low cost solution then. None of them seem to be able to segregate dividends to a different account. Have asked IB if I can move to one of their EU entities more than a week ago, their response times seem to have dropped dramatically. Also asked whether they...

Thanks! I would say that fees of 0.7%+ only make sense for amounts of 2M and above., otherwise you're just swapping tax savings for bank fees. @rowena, Checked swissquote but they are unable to segregate dividends to a separate account- will check the others you suggested though, thanks!

This is a really interesting discussion, I currently have an ETF portfolio with IB but moving to the UK and becoming a non-dom so will need to change. Contacted a few private banks in Switzerland, Lux and Channel Islands, as @Martin Everson suggested, and was quite shocked at the fee levels...