I like the concept and low fees of GoldMoney. My only concern is potential political risk, due to the jurisdictions in which they operate (as opposed to somewhere such as Singapore, with stronger privacy and property ownership protections). I plan to give it a try with a smaller portion of my holdings, especially for the prepaid MasterCard option.
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Goldmoney has vaults all over the world.... including Singapore :)
Do you know if this means the reporting requirements of Singapore apply, or those of the jurisdiction where GoldMoney is headquartered?
Thank you for your interest. I’m sorry, for individual reporting requirements you will need to consult a tax expert in your locale.