$SPDR S&P500 USD(S27.SG)$trades around 0.5% premium to the one listed in US. possible to buy from US, transfer it to moomoo Singapore and sell it on moomoo?
VaderMoomoo :
u are subjected to uncle sam tax of 30%. to be honest u are better off buying from USA or UK stock exchange. UK ones 15 percent tax only. US stock exchange still 30%, and high volume trading SG ones very hard hard to offload, and the only thing is u can use cpf to buy it, not from moomoo for now
Tired-Re-Tired :
Is it an Accumulating Fund such that the dividends are reinvested into the fund? Can we then expect the fund price appreciation % to be higher than similar underlying index but Distributing ETFs?
102760057 : it’s in USD