Private, Secure Gold, Silver, Platinum Bullion Storage
Private, Secure Gold, Silver, Platinum Bullion Storage: all BMG BullionBars™ remain within the London Bullion Market Association’s (“LBMA”) chain of integrity and no VAT is charged while bullion is stored in Canada. This guarantees the bars are secure and private and becomes key to assuring the liquidity of the precious metals. All BMG BullionBars™ are insured and stored in allocated LBMA member vaults globally.
Tax Efficiency: while gold is typically exempt from sales tax such as VAT, most European Union countries including the UK charge VAT on silver and platinum purchases. Canada, however, does not impose any upfront sales tax on gold, silver and platinum purchases. As a result investors in VAT jurisdictions can purchase and store silver and platinum coins and bullion in Canada with no VAT or any Canadian sales tax applied. In addition, Canada does not impose any withholding tax on capital gains on foreign held precious metals. Capital gains are payable in the country of residence according to applicable laws.
Titled Ownership: you have clear title to your BMG bullion as evidenced by your BullionDeed. The BullionDeed states: client name, serial number, assayer, weight, and purity (or fineness). This ensures that your BMG bullion is your property and is allocated to only you, without any lien.
Privacy, Security and Discretion: all investor information is secured and stored offline, and under no circumstances is this information accessible to any second or third parties. The BMG BullionBars™ programme ensures private, secure gold, silver, platinum storage within LBMA member vaults, with no VAT applied.Request Information