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The week's question
In March 2025, in the thread "Re: OT, out", Umm asked the members: "Do you think it is because America is made up of magical soil that makes businesses based in America magically profitable?" This week it is put to everyone again. The button below opens the small thread re-asking it - read what others have said so far, then give your own answer as an ordinary reply.
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Author: oddhack ✶  😊 😞
Number: of 86279 
Subject: Passive investment options in the EU
Date: 11/17/24 10:18 PM
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As my emigration process moves along, I'm starting to think about where to keep assets. IBKR and Schwab are likely, but I would like to have some Euro-denominated (and EU law controlled) investments as well. Do folks have suggestions for how to start educating myself about this landscape?

Initially, I'd want to bring a significant amount of cash over and put it somewhere that is not losing ground to inflation. There are some EU banks that pay interest, though more modest rates than in the US. But assuming it's possible as someone on a long-term resident permit in PT to open a local brokerage account, I'm hoping there are funds / ETFs I will be able to purchase comparable to VUSXX or SPTS. Also hoping the account opening process will become less onerous once I'm actually resident there - getting a PT bank account opened from the US was quite a lot of hassle.
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This community has written 356 posts about Living Abroad. The article-length ones it recommended most:
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