SAVE 19%
On Your Physical Silver
More For Your Money With VAT-Free Silver
| Silver Rate |
| 733.32 €/ kg |
|
-0.24 -0.03% |
VAT-Free Silver
Buy physical silver from GoldRepublic and don’t pay a penny of VAT. We deliver and store your silver in a customs warehouse in Zurich or Frankfurt, allowing you to benefit from a 19% saving on your physical silver.
How does it work?
Physcial gold bought for investment purposes and delivered in the Netherlands is exempt from VAT. Unlike gold, however, silver is regarded as a normal commodity and subject to 19% VAT. When you use GoldRepublic you now have the chance to buy silver and have it delivered and stored in a Swiss or German customs warehouse, where your VAT burden is zero unless you withdraw the silver from the vault.
Professional vault
After we deliver the silver to the customs warehouse, it is directly stored and insured in a professionally certified VIAMAT vault. VIAMAT is one of the world’s leading vault operators and secure transportation companies, and operates throughout North and South America, Europe and the Far East. Your bullion is protected at all times by both VIAMAT's extensive physical security measures and by externally underwritten insurance.
Buy-back guarantee
Any silver you buy from GoldRepublic that you store in a customs warehouse comes with a buy-back guarantee, whenever you want it. You’ll never be stuck with bullion that you want to sell, but no buyer.
How much does it cost?
Apart from the regular transaction fees, we charge a straightforward one-time handling fee. And don’t worry that the VAT savings you’d make by storing silver bullion in Switzerland would be outweighed by increased costs; storage and insurance costs for the vault in Zurich are similar to those for storage and insurance in the Netherlands.
