Buy VAT-free silver bars

Yes. By storing your silver in a customs warehouse outside the European Union, for example, in Switzerland, you don't pay VAT as long as it remains there.

Yes, you can. Upon delivery to the Netherlands, 21% VAT is charged on the current value. Most investors choose to sell the silver from storage to retain the VAT advantage.

You pay a storage fee for storage. This fee covers insurance, security, and administration. The current rates are visible in your customer portal.

Yes. Each silver bar is individually registered and linked to your name. Your holdings are fully insured up to the current market value.

Your silver is your legal property. It is off the balance sheet of both parties and cannot be claimed by creditors or third parties.

The Dutch Tax and Customs Administration considers gold an investment and has therefore exempted it from VAT. Silver, on the other hand, is considered an industrial metal because it is widely used in electronics, solar panels, and medical applications, among other things. Therefore, the standard VAT rate of 21% applies, unless you use the margin scheme for silver coins.

A silver account is a digital position: you don't own physical silver, but rather a claim on the account provider. With VAT-exempt silver stored at The Silver Mountain, on the other hand, you own tangible silver bars that are physically registered in your name, stored in a vault under AFM supervision and fully insured. This offers considerably more security than a digital account.