For a new investor, what are the things they should know in investing in overseas stocks regarding taxes in Singapore and other countries? - Seedly
 

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Asked by Anonymous

Asked on 15 Nov 2018

For a new investor, what are the things they should know in investing in overseas stocks regarding taxes in Singapore and other countries?

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Lok Yang Teng
Lok Yang Teng
Level 8. Wizard
Updated on 15 Nov 2018

While Singapore do not have capital gain tax, some countries do (including US, China). You may want to check out the rates first before investing overseas: https://en.wikipedia.org/wiki/Capital_gains_tax. Also be mindful of currency risk too.

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