Yes, you can 100% invest with Masterworks if you live outside the U.S.
In fact, half of Masterworks’ members are international investors. So, if you are considering investing with Masterworks, you are joining hundreds of thousands of international and US-based investors.
The benefits of investing from outside the U.S.
Avoid U.S. capital gain taxes
In New Zealand, where I am based, we do not have capital gains tax, so I will not be subject to the same federal or states taxes that would be imposed on the gains made by a U.S. based investor. This will likely be a similar scenario for a lot of other international investors, who will pay lower or no capital gains taxes than those applied in the U.S.
Priority access
In order to help promote Masterworks availability to investors outside the U.S., we are sometimes given priority access to newly listed artworks. This was the case recently when international investors were given priority access to Masterwork’s latest Banksy offering, as incentive to join the platform. The Banksy painting sold out in a matter of days so the priority access was definitely appreciated and helped international investors secure a piece of the highly coveted pie.
Secondary marketplace
The secondary marketplace is now available for non U.S. investors too, so liquidating your positions at any moment is now possible for every member (not that you should really want to, but the option is there for all investor now).
How to Get Started?
Step 1. Visit the Masterworks Website
Use the link below or above to skip the Masterworks waiting list
Step 3. Create an Account
This literally takes 5 minutes + a 10 minute phone call
Step 3. Choose Your Investments
Masterworks will send you a list of newly available artworks for investment
If you have any more questions about investing in art funds, like that offered by Masterworks or Yieldstreet, please reach out to mark@easelinvesting.com, and we would be happy to set you on the right path. Additionally, you can learn more about Art ETFs here.
