Gold is one of the oldest means of payment. For centuries, it has had a consistent reputation worldwide as the perfect investment in times of crisis. Germans in particular love the precious metal. Around 75% of the population stated that they own gold in some form or another.
If you consider gold a safe haven in times of crisis, you should go for gold bars. When investing in bars, one must pay attention to gold content, weight and cost.
Coins are a popular alternative. They are already available for significantly lower amounts.
Tax-free investment
Gold is considered a precious metal and is therefore tax-free in the European Union. This means that investors save both the 19% VAT and the final withholding tax on profits from gold sales. However, the prerequisite for this is that the gold must be held for at least one year. Since gold is one of the special assets, it is protected from the access of the tax office even in the case of insolvency.
You would like to invest in gold? Then do it easily with us! You can find out more about digitizing gold reserves on our blog http://bit.ly/Goldreserven_SBG
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