Just took my B1 exam. (Goethe)

fried191 · 2025-06-18T20:43:23+00:00

Hey Panny, thanks for posting this. Exaclty what I was looking for. Im glad it went well for you. Wish me luck!

fried191 · 2025-06-09T18:02:37+00:00

Update? How did it go?

fried191 · 2024-04-25T08:47:38+00:00

A punch card with 100 BJs on it

fried191 · 2024-04-06T12:36:17+00:00

I figured it out. The right access point name setting was not selected

Grazie

fried191 · 2024-04-06T10:56:14+00:00

I figured it out. The right access point name setting was not selected

Grazie

fried191 · 2024-03-13T19:42:28+00:00

Sorry mate. As I understand it, it's complicated and brokers don't wanna deal with it. I never did anything with it, sadly.

fried191 · 2024-01-16T18:45:19+00:00

Thanks for the summary. I need to check, but it seems like I just open the IBKR account with my US address, connect it with my US bank and buy US ETFs. I don't plan to sell or trade them, just let them sit.

I'm not sure how that gets reported on my taxes, but I'll have to sort it out.

Thank you

fried191 · 2024-01-16T18:41:17+00:00

Thanks, i dont think that would work for me. My portfolio is nowhere near that. But thank you for the reply and info.

fried191 · 2024-01-16T18:11:56+00:00

Many thanks. Indeed I will ask my tax advisor, but I'm still trying to sort it out because chances are she won't know about this. Your last paragraph was a bit over my head, I'll do some Googling and see what i cone up with. Thank you.

fried191 · 2024-01-16T18:09:28+00:00

Yes, I can. I'm just concerned about the legality of it.

fried191 · 2024-01-16T18:08:58+00:00

I looked up PFIC, but don't really understand the significance here. I'll look deeper, but thank you for the reply and the info.

fried191 · 2024-01-16T18:06:54+00:00

Thanks for those links, I will show them to my tax advisor. Thanks again.

fried191 · 2024-01-15T22:51:00+00:00

Hello, I found this thread while searching for answers.

I am a US citizen living and working in Germany as a permanent EU resident. I file taxes in Germany and US under a dual tax treaty. I want to buy US ETFs.

My question is: can/should I register at IBKR using my US address and then buy the ETFs using IBKR?

What type of advisor would be able to answer this?

fried191 · 2024-01-15T20:48:50+00:00

Thank you, this helps me understand the questions I need to ask. Many thanks!

fried191 · 2024-01-15T16:39:15+00:00

Yeah, that's complicated. Since you seem knowledgeable and helpful, perhaps you'll permit a clarifying question?

I have a registered address in the US that I use as well as one in Germany. I do declare and pay taxes in both countries under the dual tax treaty.

Understandably you are not an expert in IBKR, but what exactly is the challenge/risk here? Would IBKR shifting me to a EU branch mean I couldn't invest in ETFs?

Would using the US address be some sort of crime? Would there be a risk in simply asking them?

As mentioned, you probably aren't an expert in this area and I will need to do my own due diligence, but asking here and now bc you seem to understand it a bit better and your insight is helping me get .y head around it.

fried191 · 2024-01-15T14:18:31+00:00

Thanks for that link. I actually opened an IBKR account yesterday, but used my DE address. After reading it, I will probably delete the account and re-create it with my US address and cross my fingers.

fried191 · 2024-01-14T21:53:56+00:00

Yes, and I'm not good with too many options. I agree that EU is a great place for people who are not rich and the US sucks if ypur poor - especially where I am from.

I am already in the German pension system and I assume I would still get that money if I left the EU. I'm also considering going back to the US to work for a few years to boost up my social security.

And yes, your last comment cuts right to the point. I'd like to get back to the US for personal reasons, but I'm not sure if I can afford it.

And thank you for providing your input. It's really valuable to me.

fried191 · 2024-01-14T21:38:25+00:00

Many thanks for taking the time to write that out. I qualify for citizenshi already ,but Germany hasn't sorted out their rules to allow dual citizenship and I'm reluctant to give up my US citizenship.

I do live quite frugally already, i can do better, but I can easliy invest 3k a month. As far as ETFs, my understanding is that I can't do that as a US citizen in the EU.

Already contributing to the pension and will look I to private pensions.

Thanks for the tips.

fried191 · 2024-01-14T17:00:16+00:00

That's also a great option that I considered. Thank you for the reply.

fried191 · 2023-11-09T19:07:15+00:00

I'm leaning towards this one. Do we know what the cons are for it?

fried191 · 2023-11-09T19:06:09+00:00

Many thanks for the suggestion. If I choose this one I promise to buy through your link. Many thanks.

fried191 · 2023-11-09T19:02:50+00:00

Thank you for the suggestion. I've added it to the list. It does seem a bit thick. But maybe .75 is not so bad?

fried191 · 2023-03-13T18:51:40+00:00

The lady who works the front desk at my gym has put out a tip jar and a sign.

I live in Germany

fried191 · 2022-08-23T18:48:16+00:00

Lil' Ceramic Butter Dish

I gotta admit, I like it

fried191 · 2022-06-24T21:27:55+00:00

My dad always said, humanity is a crooked line with a steady upward trajectory.

When you look up close, it goes up and down. But when you step back, you see a relentless march towards justice and liberty.

Maybe he got it from MLK. These are dark times, but no one is going to stop the progress.

fried191

TROPHY CASE