Child Savings Account

With GoldRepublic, you can easily open a child savings account tailored to the UK market. This unique savings plan helps you build a safe and smart financial future for your child. By investing in physical gold or silver, you lay a solid foundation for your child while benefiting from the stability of precious metals.

Automatic saving in physical gold
Starting from as little as £50 per deposit
Easily change, pause or stop your regular deposits
50% discount on transaction fees when buying
Securely stored in independent, well-protected vaults in Switzerland

Benefits of a Child Savings Account

  • Protect your wealth: Precious metals like gold and silver retain their value, even during uncertain economic times.
  • Flexible saving: Start saving from just £50 per month through our savings plan.
  • Future-focused: Save for key milestones, such as education or a first home.
  • Secure storage: Your precious metals are professionally stored in our Zurich vaults.
  • Full ownership: The metals are registered in your child’s name and remain their property.

How Does the Savings Plan Work?

1. Automatic saving: Choose a fixed monthly amount and invest in gold, silver, or platinum.
2. 50% discount on transaction fees: Enjoy reduced fees when saving through the plan.
3. Professional storage: Your metals are securely stored and fully insured.
4. Daily updates: Receive daily confirmation of your investments.

With our savings plan, you can build wealth for your child effortlessly!

Our customer service team is ready to guide you through the process step-by-step.

Opening a Child Savings Account

Creating a child savings account with GoldRepublic is simple and straightforward. As the legal guardian, you manage the account on behalf of your child. Once your child turns 18, the account is automatically converted into a personal account.

What Do You Need?

  • Proof of identity for both the legal guardian and the child.
  • Authorisation form for child accounts.
  • Minimum initial deposit of £50 to start investing.

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