• Why choose a vault location?

• Are there any other costs when buying VAT-free silver?
• When is the purchased amount debited from my account?
• Can I sell my gold and silver before its delivery?
• How can I buy VAT-free silver?
• How can I sell silver stored in Switzerland?

• Professional vault ensuring safety?
• Where is the VAT-free silver stored?
• When is it more economical to buy VAT-charged silver?

Why choose a vault location?


When buying physical bullion, you are allowed to choose a vault location where the bullion is physically delivered to you and stored on your behalf.

If you buy physical silver for delivery and storage in the Netherlands, you will be liable to pay 19% VAT on top of the purchase price. Choose to have your silver delivered and stored in Switzerland, however, and your VAT bill is zero, although there will be some additional handling fees as described below.

Are there any other costs when buying VAT-free silver?

Apart from the regular transaction costs, there will be a minor handling fee of €9 per kg (or pro rata for amounts in between). You will not have to pay any handling costs when selling your silve

When is the purchased amount debited from my account?


When you place an order with us, we initially reserve the sum of the order from your account. We only debit your account, however, after your precious metal has actually been safely delivered to the storage facility. Prior to its delivery, your bullion will appear in your account as “bullion in transport”.

Can I sell my gold and silver before its delivery?

No, you are only able to sell your precious metals after they have actually been delivered and stored for you, and no longer under “bullion in transport” status.

How can I buy VAT-free silver?

To purchase your VAT-free silver select “Switzerland” in the order form when selecting the vault location. Selecting “Switzerland” will automatically mean that VAT is not calculated. Please note, however, that buying VAT-free silver will incur some small handling charges, as detailed above. Before asking you to confirm your order, step two of the order form’s Price Specification section will give a detailed cost breakdown of your order and its charges.

How can I sell my silver stored in Switzerland?


Yes. GoldRepublic guarantees you the possibility of selling back any silver you buy from us, even the bullion stored in Switzerland. And we don’t charge any handling fees on sales.

Professional vault ensuring safety

After delivery in the customs warehouse the silver is directly stored and insured in a professionally certified vault belonging to VIA MAT. VIA MAT is one of the world’s leading vault operators and secure transportation companies and operates widely in North and South America, Europe and the Far East. Your bullion is protected by both VIA MAT's extensive physical security measures, and by externally underwritten insurance.

Where is the VAT-free silver stored?

Your silver is stored in a professionally certified and independent vault in Switzerland. The vault is owned and operated by VIA MAT, one of the world’s leading vault operators and secure transportation companies.

VIA MAT offers secure warehousing in their customs warehouse for many international companies. All VIA MAT warehouses are subject to an official bond, which means that they are approved and managed by duty customs. During transport and storage your silver is protected at all times both by VIA MAT’s extensive physical security measures and by externally underwritten insurance.

When is it more economical to buy VAT-charged silver?

Company accounts are able to claim back VAT. When buying silver through a company account it is more economical to buy VAT-charged silver, store your silver in the Netherlands and claim back the 19% VAT. In this way you save on transportation costs.