What are the downsides of buying American companies not on NYSE/NASDAQ provided that I'm European resident?
That's what I managed to find:
Quotation will be in EUR
Less liquidity
A bit higher fees for transaction but no fees for currency conversion
Different trading hours
I'm also curious regarding:
What currency dividends are paid?
How dividends are taxed: is it 30% (10% with w8ben) or other rules?
Also US ETFs are unavailable to European residents so I wonder if buying something like SXR8 would be essentially the same as buying SPY or VOO?
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