Frankfurt boasts one of Europe's top gold coin stores, conveniently located near the ECB. The exceptional service sets it apart, reflecting Germans' discreet approach to gold buying.
In Germany, gold is highly valued, resembling real money, and the 500 euro note was introduced to accommodate their preference for high-value currency. While Germany appreciates privacy, many European countries face challenges due to VAT on precious metal purchases, leading to hefty markups.
Switzerland has the lowest VAT on silver at 7.7%, while EU countries like Germany have rates as high as 19%. The UK, Austria, the Netherlands, Slovenia, Poland, and Finland have varying higher rates, reaching up to 24%.
Buying silver in Europe involves VAT challenges. Norway exempts coins but taxes bars at 25%. Estonia now imposes a 20% VAT. Singapore is the preferred choice for non-Europeans due to its favorable storage regulations.
Our experienced team can help you legally reduce your tax rate offshore, protect your assets, invest overseas, obtain a second citizenship, and improve your peace of mind.We’ve helped 1,500+ HNWI entrepreneurs and investors and we can help you, too.