Friday, January 24, 2020
Non-US Bank IRAs

non-us bank accounts

Foreign bank investments can easily be held and administered through a GoldStar Self-Directed IRA for a minimum investment (usually anywhere from $100,000 to $500,000 depending on the asset manager or foreign bank). At your direction, the account is established at a non-US bank for your benefit with GoldStar acting as custodian. The account and its investments may be denominated in currencies other than the US dollar. Investments might include products such as deposits, CDs, bonds, mutual funds, and securities. Depending on the Non-US bank, you may have the option to manage the investments directly or you may designate either the bank or a third party to manage investments. Investments using margin, futures contracts, and writing options are not authorized.

As your IRA custodian, GoldStar is concerned only with making the investments you direct, protecting your assets while they are in the IRA, and performing all the duties of an IRA custodian. We do not give tax or legal advice and we do not benefit financially from your investment choices. We do not offer or sell any investments, nor are we affiliated with any investment provider. 

Contact us today if you are considering a Non-US Bank self-directed IRA. We would be honored to help establish your account, answer any questions you may have, and/or put you in contact with a Swiss representative or foreign bank asset manager to further assist you.

FDIC NOTICE: IRA and/or Bond investments represented on this website are not FDIC-insured, are not guaranteed by GoldStar Trust Company, and involve risk including possible loss of principal. If held in a GoldStar IRA or GAMMA account, the un-invested cash portion is FDIC insured up to $250,000.