In order to open Luminor Investor investment account, you have to be Luminor client and have bank’s account. For more information how to open account in Luminor visit here.
It can be easily done through our Customer Support by phone +371 6717 1880 or by sending us free form message via internetbank.
Investment account may be suitable for you if:
- You are an active investor and plan to invest in financial instruments on a regular basis
- You intend to invest only a lump-sum, but after a while plan to invest more or sell some of it
- You want to reinvest gained income
Get to know the benefits of investment account
with investment account
with current account
|Funding your account||Current account > Investment account > Luminor Investor||Current account > Luminor Investor|
|Tax calculation||Done when amount withdrawn from the investment account exceeds total amount of funds deposited||Done when income is derived from each financial instrument sales transaction|
|Responsibility of tax payment||Investor is solely responsible for calculation and declaration of income and payment of tax||Investor is solely responsible for calculation of capital growth, declaration of income and payment of tax|
|Income declaration||With annual income declaration||Using declaration on capital gain income form (DK), depending on the total income gained during the quarter|
|Reports for income declaration||Luminor will provide the opportunity to receive investment account statement that could be used for filing annual income declaration||Investor shall prepare information for declaration|
|Financial instrument transfers||If the transfer takes place within investment accounts and financial instruments are available in Luminor Investor||If financial instruments are available in Luminor Investor|
* Information on income tax could be found here