BUY VAT FREE SILVER IN IRELAND
If you import silver without first knowing what you are doing, you may incur a huge and immediate tax burden that can negatively impact your investment. Unsurprisingly, many investors are not aware that silver attracts value added tax (VAT) at a rate of 23% if purchased outside the EU, and then imported, into any EU country including Ireland.
Incurring VAT on imported silver you will significantly affect your return on investment. This significant tax burden cannot be recovered or refunded when you sell your silver bullion, and should therefore be legally avoided right from the get-go.
So, how can you legally buy silver free of VAT in Ireland or the rest of the EU?
The fact is, the unnecessary tax burden on your silver investment can be legally avoided if you purchase silver bullion through a legal and tax compliant process via a competent dealer such as Goldcore.
Buy VAT Free Silver Coins
Tax free silver coins such as silver Britannias, silver Maples, silver Eagles, silver Philharmonics, and silver Kangaroos, can now be purchased free of VAT through Goldcore. Since 2003, Goldcore has helped clients to grow and protect their wealth through the purchase of tax free legal tender silver bullion coins.
By law, all collectible and legal tender silver coins bought within the EU do not attract VAT. Bullion coins can therefore be bought from and delivered to any EU country including Ireland without any tax obligation.
As specialists in making market in vat free silver, GoldCore can now make tax compliant silver investments courtesy of our established and efficient sale process.
When you by silver without vat, you may opt to have your bullion delivered to any location within the EU, or stored on your behalf in GoldCore Secure Storage. This allows you to benefit from affordable, secure, and insured storage in the safest vaults in the world, without incurring any VAT on your silver bullion coins.
Buy Silver Bars VAT Free
Unlike silver legal tender coins, silver bullion bars are still liable to VAT tax within the EU. Therefore, if you buy silver bullion bars and import them into Ireland, they will incur a valued added tax of up to 23%. However, you can still invest in VAT free silver bars by purchasing bullion bars through GoldCore and having them stored in a secure location outside the EU so as not to incur any tax.
When you buy silver bars, and have them stored on your behalf by GoldCore in Zurich, Hong Kong or Singapore, your investment will be free of tax, saving you thousands of dollars.
GoldCore has partnered with international high security storage companies to provide secure and insured storage for gold, silver, and other precious metal bullion investments.
Existing owners of silver bullion bars and coins can also transfer their bullion holdings into Goldcore Secure Storage to benefit from the security and tax advantages.
Buy Silver Certificates Free of Tax
Another great way of investing in silver is by buying silver certificates from a reputable silver certificate program such as The Perth Mint of Western Australia. These silver certificates allow you to own investment grade silver, which is then held on your behalf in the Mint’s secure vaults.
Because the silver represented by the certificate is not imported into the EU, it is not liable to VAT tax. This allows you to benefit from vat free silver investment in Ireland.
Silver certificates from The Perth Mint will therefore protect your hard-earned investment from the undesirable tax impact in your resident country.
GoldCore can assist you to invest in legal, tax-compliant silver bullion bars and coins wherever you are in Ireland, the UK, or the EU. It’s critical to deal only with a reputable and experienced bullion dealer such as Goldcore, who understand the legislation and regulation governing VAT on silver.
Only then can you legally avoid the heavy tax burden on your silver bullion investment and reap from the expected surge in silver prices. To find out more about how to invest in tax free silver, click here to speak to one of our representatives today.