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Buy And Store Gold Offshore At BullionVault
BullionVault is one of the premier establishments for buying and storing gold and silver offshore in secure vaults. Learn how this process works, what costs are involved and why we trust the people at BullionVault with our offshore gold and silver precious metals storage.
From our own research we have determined that BullionVault is absolutely the LEAST EXPENSIVE way to both BUY Gold and Silver as well as securely STORE those precious metals in secure vault locations around the world. Many other industry analysts have come to the very same conclusion.
Read along as we show you the benefits to opening a BullionVault account for your wealth preservation and even compare to other services like GoldMoney.
BullionVault is a company that we trust with our own money and you can read our full BullionVault review at our website
Which Will Make You More Money? - Gold or Silver?
Tell us why you think Gold or Silver will be the better investment of the two. Naturally, you can buy some of EACH at BullionVault!
Which Will Outperform: Gold or Silver?
How Does BullionVault Work?
Fastest, Easiest Way To Buy Gold Online and OffShore
BullionVault is one of the easiest companies to open a financial account with, especially considering that for most people it is actually an offshore account.
BullionVault is a fully compliant company, this is not some scheme to hide money offshore. It is fully reputable and compliant with government regulations, located in the United Kingdom. While some reporting may be required for US taxpayers, everything is perfectly legal.
Steps To Open An Account At BullionVault
First, you simply open an account online by clicking here (this will take you to BullionVault's website in a new window). The current promotion entitles you to 4 Free Grams of SILVER! There is NO COST to open an account.
Next, you need to "validate" your account by uploading scans of documents identifying yourself and/or the entity you are opening an account for. NOTE: BullionVault, unlike GoldMoney, welcomes accounts for businesses like LLC's and even LIVING TRUSTS!
After your account is validated, you will receive an email from BullionVault giving you several options to fund your account using the bank account that you have already told them (in the validation process) that you would like to attach to your BV account. Wire transfers are probably easiest, but other options exist as well.
Once funded, you are ready to buy gold and silver at a variety of storage locations around the globe.
Gold and Silver Products at Amazon.com
What Precious Metals Can I Buy At BullionVault?
And Can I Take Delivery Of My Metal?
BullionVault at this time only offers Gold and Silver for purchase as offshore storage. This is one potential disadvantage to BullionVault vs GoldMoney, as GM offers platinum and palladium also.
You will find, however, that Gold and Silver are probably what 99% of what most investors are looking to buy and store offshore; and Gold by far the most popular choice for wealth preservation as Silver, Platinum and Palladium are industrial metals more than "money". Gold is considered the ultimate "real" currency.
Taking Delivery Of Your Gold
While BullionVault, like GoldMoney, does allow you to "take delivery" of your Gold, it really is not practical unless you own very large quantities of gold.
BullionVault and GoldMoney deal in LBMA bars of Gold typically, and small quantities and fractions of bars would be problematic. Quite simply put, there are better options if you suspect you will want to take delivery of Gold or Silver. See this review at our website
Buying Gold With A Limit Order at BullionVault
One of the unique characteristics of BullionVault versus GoldMoney is the ability to buy Gold or Silver with a limit order and pay what you want to pay while letting the market come to your price.
BullionVault Accepts Living Trust Accounts
Wealth Building Requires Wealth Planning
Most couples or individuals with wealth to protect and interested in buying and storing gold offshore have probably created a living trust for estate planning purposes.
The problem with many financial accounts offshore is that it is hard or impossible to open and account titled in the name of your living trust.
In fact, GoldMoney flat out refuses to accept money from living trusts and imposes exorbitant fees and minimum deposits for irrevocable trusts.
BullionVault, however, makes opening an account in the name of a living trust no more difficult than opening and individual account, and why shouldn't they? (We have no idea what GoldMoney's problem is)
Proper estate planning likely includes putting ALL of your assets (not just some) into your living trust; it's called "funding your trust" and your estate plan is pretty much worthless unless you do this correctly.
Open your offshore gold storage account with BullionVault and having it properly titled in the name of your living trust we pass your attorney's "muster" (please consult your attorney for all legal manners - this is NOT legal advice!)
Buy Gold And Silver Offshore At Low Prices
Not Only Are Gold And Silver On Sale, BullionVault's Fees Have Dropped!
We are always harping that you make money when you buy and not when you sell, so now that Gold and Silver have dropped substantially it could be a great time to "make money" by buying when panicked holders are selling at a loss.
To make things even better, BullionVault has LOWERED their fees to both buy and store gold and silver since we first started this page about their service.
Low fees to buy and low fees to store make BullionVault a wise choice for your precious metals dealing. And we put our money where our mouth is by often adding to our Gold and Silver holdings at BullionVault by purchasing more metal at low prices with the use of LIMIT ORDERS.
With their secure storage services you can spread out where your precious metals are stored, with even Singapore as an option beginning just recently. (Singapore is the "hot" new place for the smart money to store wealth, not only as a diversification Eastward but also since the goings on in Switzerland of late have tarnished the Swiss image.)
Fortunately, unlike GoldMoney, your storage fees at BullionVault are based on aggregate metal storage among all vaults, not charged (with a minimum) separately per vault location. Just another reason why we think BV is the BEST choice.
Find out more in our full BullionVault review at our website, BuyAndStoreGold.
Does BullionVault Issue A 1099 For Gold Sales?
BullionVault is a company based in the United Kingdom.
As such, they will not send you a 1099B for reporting of your gold sales or silver sales. It is totally up to you to determine if any of your transactions or activity at BullionVault must be reported to the IRS at tax time.
So the answer to the question "Does BullionVault Issue 1099's" is: No