Revolut - Freedom
Do i need to submit a W-8BEN form to revolut to have my ass covered like i did at Freedom24? Yes, JOHN—you absolutely do. Just like with Freedom24, Revolut requires submission of the W-8BEN form if you're investing in U.S. securities . Here's the breakdown: ๐งพ Why the W-8BEN Matters Certifies you're not a U.S. person for tax purposes. Activates treaty benefits —Greece has a tax treaty with the U.S. that reduces the default 30% withholding tax on dividends. Protects your yield : Without it, you’d get hit with the full withholding rate, which would erode your dividend income. ✅ How Revolut Handles It The form is automatically completed and signed electronically during account setup when you opt into U.S. stock trading. You don’t need to manually upload anything unless your status changes. It’s valid for three years , same as Freedom24, and needs updating if your residency or tax status changes. ⚠️ What Happens If You Skip It You’ll be taxed at the full 30% rate on U.S....