Buy physical silver
Would you like to buy physical silver? At GoldRepublic, you can invest safely, transparently and VAT-free in LBMA-certified silver bars. You can trade with us 24/7 at the current silver price and, because you do not have to pay VAT, this gives you a considerable financial advantage.
Your silver is 100% physical and is insured and securely stored in heavily secured vaults in Amsterdam, Frankfurt or Zurich. Start investing in real silver today.
VISIT OUR TRUSTPILOT PAGE TO READ WHAT OTHERS HAVE TO SAY ABOUT US
Buy silver at GoldRepublic
GoldRepublic makes it possible to buy physical silver easily, online, and without VAT. Your silver bars are and remain your legal property and are stored in highly secure customs warehouses in Germany or Switzerland. Thanks to this storage, you do not pay VAT on your silver purchases and benefit from significant cost savings.
You can also have your purchased silver stored in a vault in Amsterdam via GoldRepublic. However, you will then pay 21% VAT on the purchase of your silver.
You can buy physical silver from as little as $50. Would you like to sell your silver in the future? Thanks to our buy-back guarantee, you can quickly and easily sell your silver back to GoldRepublic at the current silver price.
Why buy physical silver?
More and more wealthy Dutch people are choosing to buy physical silver as a stable investment. Why?
- Protection against inflation: just like gold, silver offers protection in times of currency devaluation.
- Increasing industrial demand: silver is used in electronics, solar energy, and medical technology; demand rises due to the energy transition.
- Favourable silver/gold ratio: silver is historically undervalued compared to gold — seen as an opportunity by many investors.
- ‘Poor man's gold’: silver is more accessible than gold but offers similar benefits in value retention and diversification.
Should you buy silver or gold?
Still unsure whether to buy silver or gold? Below you will find a clear table with the most important advantages and characteristics of silver and gold. This makes it easy to see the differences and determine what best suits your situation.
| Feature | Silver | Gold |
|---|---|---|
| Price/kg | Significantly lower than gold, starting at $50 deposit at GoldRepublic | Significantly higher, but also possible to invest from $50 at GoldRepublic |
| Availability/scarcity | More abundant than gold, but still scarce due to limited annual production | Scarcer than silver, but widely available, largest precious metals market |
| Protection against inflation | Yes, good protection | Yes, good protection |
| Value development | More volatile, so greater fluctuations possible | More stable, less significant price movements |
| Applications | For industrial use: electronics, solar cells, medical sector, and for jewelry, for example | Mainly as an investment and for jewelry, limited industrial demand |
| VAT (Netherlands) | 21% VAT in the Netherlands, exempt from VAT when stored in customs warehouses in Germany and Switzerland | Exempt from VAT in the Netherlands and throughout the European Union |
| Risk | Greater due to price volatility | Lower, more focused on long-term and monetary security |
| Diversification potential | High, especially for investors who already own gold | Very common precious metal for diversifying investment portfolios |
Purchase VAT-free silver in a customs warehouse
When purchasing silver directly, you normally pay 21% VAT in the Netherlands. GoldRepublic solves this by storing your silver directly in special customs warehouses in Germany and Switzerland. This means you do not have to pay VAT on your purchase, which makes a significant difference to your final return.
Silver bars from LBMA accredited refiners
GoldRepublic works exclusively with LBMA accredited refineries, including Umicore. Our silver bars are 99.9% pure and meet Good Delivery standards, which is by far the most efficient way to invest in silver.
The bars go directly from the smelter to the independent vault, where they are checked by an external auditor. This ensures that you are investing in top-quality physical silver and that your silver remains tradable worldwide.
Saving silver
Would you like to make partial purchases, spread them out over time, or invest in silver automatically on a regular basis? At GoldRepublic, you can easily create a 'silver savings plan'.
You steadily build up a position without investing a large amount at once. Ideal for those who want to spread their investments and value flexibility.
Secure storage for silver
Your silver is stored in heavily secured vaults, which are not managed by GoldRepublic itself but by external specialists. This allows the presence of your silver to be independently confirmed.
Your silver is fully insured against theft, loss, or damage. You can view your positions daily, including unique bar numbers, via your GoldRepublic account. An external audit is conducted every year, and the report is publicly available.
15 kg silver Umicore silver bar
Frequently asked questions
How does the buyback guarantee work?
You can sell your silver to GoldRepublic at the current silver price at any time. The settlement process is fast and transparent.
Is silver exempt from VAT?
In principle, you pay 21% VAT on silver in the United Kingdom when you buy silver through GoldRepublic and store it in a vault in the United Kingdom. If you store your purchased gold in customs warehouses in Switzerland and Germany, you do not have to pay VAT. This gives you a considerable advantage.
How do I declare physical silver on my tax return in the Netherlands?
Physical silver falls under 'other assets' (box 3) and must be declared in your tax return at its value as of January 1.
Can I also store the silver myself?
You can have your assets physically delivered at any time. However, you will still have to pay 21% VAT on delivery.
What costs should I take into account when buying silver?
In addition to the transaction costs, we charge a small handling fee for processing and VAT exemption (transport from/to the EU). Storage and insurance costs are included in your monthly invoice.
What do I need to know about the price volatility of silver?
The price of silver can fluctuate significantly, more so than gold. On the one hand, this offers opportunities for higher returns, but it can also lead to greater losses. Investing in silver therefore requires a long-term vision. Carefully assess what suits your situation and your desired risk profile.
with goldrepublic you can buy physical silver with no vat through an online account, stored in one of our independent highly secured vaults. you can buy and reserve 1 kilo or 31 kilo (1000 troy oz) bars. you can also buy a smaller quantity of silver, but then you will have partial ownership.
Click here for more information about risks of investing in precious metals at GoldRepublic.
