Sure. Take care though to investigate the Canadian dividend withholding tax and any inheritance tax complications with these ETFs. iShares tax information suggests that there is a 25% Canadian withholding tax for non-Canadian residents (may be reduced by treaty), and that would certainly take a large chunk of the shine off this idea.
As for other options, Wikipedia offers some useful lists of ETFs domiciled in assorted countries. Of these, countries like Singapore and Hong Kong would appear to be attractive, since they very likely will not apply any withholding tax on dividends paid from ETFs domiciled there. However, neither country has an income tax treaty with the US, so any US stocks directly held in ETFs domiciled in these countries would suffer the full 30% US dividend withholding tax internally.
In short then, outside of the two known 'good' UCITS ETF domiciles -- that is, Ireland and (for some asset classes) Luxembourg -- the tax efficient options for you may unfortunately be rather limited.
Statistics: Posted by TedSwippet — Sun Nov 17, 2024 3:02 am — Replies 12 — Views 395