Looking to add some Europe to my portfolio for the next few years for upside and diversification reasons. The US market is way overdue to underperform due to relative valuation concerns for both the equity market and currency.
I put the Euro exchanges into a table looking for a combo of Euro currency with stamp duty of 0.2% or less for share trades. Basically, looking to switch USD for EUR on IB and trade...
This left me with 13 countries... Austria, Croatia, Estonia, Germany, Greece, Italy, Latvia, Lituanuia, Luxenbourg, Montenegro, Netherlands, Slovenia, and Spain to trade. I have no experience with this. Am I missing something??
Finland does not have stamp duty on public traded stocks.
I think France only has stamp duty on compnaies valued over €1billion , atleast it used to be...
Note that there is quite a few of those countries in our list that reports semi annualy.
Why aren't Sweden, Denmark, Iceland, and Norway on your list? Is there something you dislike about Scandinavia? Also, are you sure that Poland charges a stamp tax?
Poland does not have stamp duty, withholding tax rate is 19%.
I select my European stocks from Germany, Austria, Italy and Finland -> all euro denominated, most stock publish earnings quarterly and they are relatively large markets. In addition to that I trade stocks from Poland.
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Good morning. Thank you for the feedback. It's a little hard to find current data on this in one spot online. I've updated Finland and Poland in the chart at the top. Finland now drops into my investment universe! I left out Sweden, Denmark, Iceland and Norway because I'm looking for Euro based markets to avoid having tiny shrapnel pieces of currency in my IB account. If I were a pro investor (or retired) I'd add those countries too.
You got 1320 companies in total on those 14 EUR listed exchanges, which of 964 reports quarterly. In Sweden alone you have 933 listed companies that reports quarterly.
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