The dynamics of wine investment are extremely attractive for the investor. Wine Circle charge the following fees over the life-cycle of your portfolio:
A 1.8% per annum fee to manage your portfolio. From the sourcing of perfect provenance wines to the eventual liquidation of the portfolio, your investment is expertly managed to ensure maximum returns.
Investments upwards of 500,000€ trigger a digressive management fee of 1.6%, whilst providing access to exclusive events organised by Wine Circle throughout the year.
Duty and VAT are exempt on the purchase and sale of wines being stored under bond, however this changes if the owner wishes to take delivery of their wines, where taxes therefore become applicable. In certain regions, wine is considered a wasting asset and any profit made upon the sale of a wine is not subject to local taxes.
The fine wine market is not regulated and Wine Circle is not a financial institution. It is highly recommended that investors seek professional financial advice on the subject of tax implications and other financial elements linked to wine investment.
In certain regions, wine is considered a wasting asset and any profit made upon the sale of a wine is not subject to local taxes.