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 in Zurich, 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.

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 you 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 Britons 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 an essential raw material for electronics, solar energy and in the medical and technological sectors. Demand for silver is increasing due to the energy transition and digitalisation, while supply remains limited. 

Favourable silver/gold ratio: historically speaking, silver is currently relatively undervalued compared to gold. Many investors see this as a promising entry point. 

'Poor man's gold': silver is more accessible than gold, yet offers similar advantages in terms of value retention and diversification.

Purchase VAT-free silver in a customs warehouse

When purchasing silver directly, you normally pay 21% VAT in the United Kingdom. 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. 

GoldRepublic works exclusively with LBMA-accredited refineries, including Umicore. Our silver bars are 99.9% pure and comply with Good Delivery standards; 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 prefer to make partial purchases, spread your investments over time, or invest in silver automatically on a regular basis? At GoldRepublic, you can easily set up 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 managed not 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 via your GoldRepublic account, including unique bar numbers. An external audit is conducted every year, and the report is publicly available.

Frequently asked questions

Is buying gold a wise choice?

Buying gold can be a wise choice, especially in times of economic uncertainty or inflation. Historically, gold has retained its value well and offers protection against declining currency purchasing power. In addition, physical gold is a tangible asset that you can keep outside the financial system...

What should I look out for when buying physical gold?

At GoldRepublic, you can buy whole gold bars or become a co-owner of a bar. If you become a co-owner, you pay NO bar reservation fees and you may be allocated anew bar every day. Legally, this makes no difference. You are still the(co-)owner of physical gold. The gold is delivered to you. You still know which bar you own (based on the bar number). Only in the event that, due to extreme circumstances, GoldRepublic is no longer able to provide its services, will you have to agree with the co-owners on what to do with the bar (sell or melt it down). If you reserve your own bar, this is not the case.

Are gold bars exempt from VAT?

Yes, investment gold is exempt from VAT in the United Kingdom and throughout the European Union. This exemption applies to gold bars with a purity of at least99.5% (24 carats). All gold bars you purchase through GoldRepublic must meet these conditions and are therefore exempt from VAT.

Do I have to declare gold as an asset to the tax authorities?

In the Netherlands, you must declare physical gold that you own as assets in box 3 of your tax return. The reference date used for this is 1 January of the tax year for which you are filing your return. This means you declare the value of your gold on 1 January, based on the gold price on that day. However, always check with your tax adviser to see what applies to your personal situation.

Want to create wealth by investing in precious metals?

Open an account for free and discover how easy it is to trade physical bullion with GoldRepublic