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Buy silver bullion

Looking to buy silver bullion? At GoldRepublic, you 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 don't pay VAT in Zurich, this gives you a significant 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 bullion today.

Buy silver bullion at GoldRepublic

GoldRepublic makes it possible to buy physical silver bullion easily, online and without VAT. Your silver bars are and remain your legal property, and are stored in strictly secured customs warehouses in Germany or Switzerland. Thanks to this storage, you pay no VAT on your silver purchases and benefit from substantial cost savings.

You can also have your purchased silver stored via GoldRepublic in a vault in Amsterdam. In that case, however, you will pay 21% VAT on the purchase of your silver.

You can already buy physical silver bullion from a deposit of £45. Would you like to sell your silver at a later date? Thanks to the buy-back guarantee you sell your silver quickly and easily at the current buying price offered at that time.

Why buy silver bullion?

More and more affluent Dutch people are choosing to buy physical silver bullion as a value-retaining investment. Why?

Protection against inflation: like gold, silver offers protection in times of currency devaluation.

Growing industrial demand: silver is an essential raw material for electronics, solar energy, and the medical and technology sectors. Demand for silver is increasing due to the energy transition and digitalisation, while supply remains limited.

Favourable silver/gold ratio: historically, 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 benefits in terms of value retention and diversification.

Buy VAT-free silver bullion in a customs warehouse

When purchasing silver directly, you would normally pay 21% VAT in the Netherlands. GoldRepublic solves this by storing your silver directly in special customs warehouses in Germany and Switzerland. As a result, you don't have to pay any VAT on your purchase, which makes a significant difference to your eventual return. 

Silver bars from LBMA-certified refineries:
GoldRepublic works exclusively with LBMA-certified refineries, including Umicore. Our silver bars are 99.9% pure and meet Good Delivery standards; by far the most efficient way to invest in silver. 

The bars go straight from the refinery into the independent vault, after which they are inspected by an external auditor. This way, you can be sure that you are investing in top-quality physical silver bullion and that your silver remains tradeable worldwide.

Silver savings:
Buy in instalments, spread your purchases over time, or invest automatically and periodically in silver? At GoldRepublic, you can easily set up a ‘silver savings plan’. You steadily build up a position without investing a large amount all at once. Ideal for anyone who wants to enter gradually and values 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 means the presence of your silver can be independently confirmed.

Your silver is fully insured against theft, loss or damage. Through your GoldRepublic account, you can view your positions daily, including unique bar numbers. An external audit takes place every year, the report of which is publicly available.

Frequently asked questions

Is buying physical silver a good idea?

Whether buying physical silver is wise depends on your personal goals and risk profile. Silver is often considered a protection against inflation and there is growing industrial demand for the metal. However, the price of silver is typically more volatile than gold. In periods of economic uncertainty, silver can add diversification to an investment portfolio.

Where can I safely buy silver in the United Kingdom?

You can safely buy physical silver in the United Kingdom through reputable precious metals platforms that operate transparently and use independent audits and professional vault storage. GoldRepublic received the first AFM licence granted to a precious metals platform in the Netherlands in 2010.

Is buying physical silver wise compared to other investments?

Whether buying physical silver is wise depends on your investment strategy and financial goals. Silver often has a low correlation with the stock market, which can help diversify risk. Although silver does not generate dividends, it is a tangible asset that provides protection against counterparty risks.

Where can I buy silver at the best price?

The best price for physical silver is usually achieved by purchasing silver bars stored in a customs bonded warehouse. This allows investors to avoid the standard 21% VAT that applies to physical delivery in the Netherlands.

What is the best way to buy silver?

The most cost-efficient way to buy physical silver is by storing it in a customs bonded warehouse in Switzerland or Germany. This structure allows you to avoid the 21% VAT normally charged in the Netherlands. Investors who prefer gradual accumulation can also choose a silver savings plan.

Can I buy physical silver without VAT?

If you buy physical silver in the United Kingdom, you generally pay VAT. However, you can avoid VAT by purchasing your silver and storing it directly in a recognised customs bonded warehouse, for example in Switzerland or Germany. Because the precious metal does not legally cross the border at these locations, the transaction remains fully exempt from VAT.

What should I consider when buying silver?

Always verify whether the provider has an AFM licence and offers LBMA-certified silver bars with a purity of 99.9%. Storage in a secure vault and clear legal ownership are essential to protect your investment.

Is now a good time to buy silver?

Timing the silver market is historically difficult due to the metal’s volatility. Investors who want to reduce timing risk often choose to invest periodically through a savings plan.

Is silver a good protection against inflation?

Yes. Historically, silver has been considered a store of value during periods of inflation because it is a tangible asset with intrinsic value and limited supply.

Is it safer to buy physical silver or silver stocks?

Physical silver is often considered safer because you own the asset directly, eliminating counterparty risks associated with financial institutions or mining companies.

How does the silver buyback guarantee work?

GoldRepublic offers a 100% buyback guarantee for silver stored in its vaults. You can sell your silver at the current market price and receive the proceeds within a few working days.

How do I declare physical silver in my tax return?

In the United Kingdom, profits from the sale of physical silver may be subject to Capital Gains Tax. The exact tax treatment depends on your personal circumstances and applicable exemptions. Disclaimer: This is general information and not tax advice. Tax treatment may vary depending on your personal circumstances. We recommend contacting a tax adviser for advice specific to your situation.

Can I store my silver myself?

Yes, physical delivery is possible. However, this removes the benefits of professional vault storage and the buyback guarantee.

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