The benefits of a UAB® are C. L. E. A. R.
- Compliant – FATCA-compliant investments
- Liquid – Money in or out as with a mutual fund
- Established – European-regulated investments with proven top-tier asset managers
- Accessible – Available to any investor through a range of global platforms
- Reportable – Provide simple reports for client to file tax returns
Non-compliant investments for U.S. citizens living overseas are taxed as income (up to 37%).
Compliant investments like UABs will be taxed as capital gains tax (from 0%-20% subject to long/short-term considerations).
Many U.S. compliant overseas investments are pension based and cannot be accessed before retirement (age 50-59.5 years) without penalties. UAB is accessible from day 1 (consider short-term CGT liability) subject to monthly liquidity. UABs work throughout the world so the investor can move from country to country without disrupting investment and savings goals
UAB gives investors access to top-tier managers and portfolios normally only available for very high initial investment values. The UAB has a low fee associated with it, meaning it’s a cost-efficient way to access an actively managed portfolio product that usually only high net worth Americans living overseas can access. There are no hidden fees!
Since FATCA, U.S. investors have been widely rejected by financial institutions. UAB is available to any investor worldwide through regulated advisors and various investment vehicles. They are available through major global platforms, including the U.K. and Europe. Monthly contributions are possible in some countries.
UAB is reported in a similar fashion to a domestic mutual fund.The holder can file an 8621 Form because UAB is a Qualifying Elected Fund (QEF). Failure to report overseas assets can lead to fines or federal prosecution. Incorrect reporting of complicated assets can lead to over-taxation or subsequent accounting costs.
- An Adventurous and a Cautious option of the fund can be bought through our offshore Platforms