Any dvc owners that dont live in the States?

[novice101]

We were looking at dvc but live in australia so only go every other year, but we go for 14 nights, when we spoke to one of dvc sellers they said it would work well as we could bank the points from the previous year and then use the current years points to stay for 14 nights. Does anyone else not go regular but for long periods, just not sure if it's worth it if we can't go as often as we would like? I suppose it's the equivalent as going for 7 nights a year.

 

[chalee94]

there is a DVC board for UK owners that might give you better advice:

http://www.disboards.com/forumdisplay.php?f=61

...one of dvc sellers they said it would work well as we could bank the points from the previous year and then use the current years points to stay for 14 nights.

this is true, BUT...

if you are not able to travel that year, the banked pts will be stuck in that UY and you'll be limited in how to use them. (and you would not be able to bank the current pts forward 2 years to your next planned trip.)

you could still rent the pts but there can be some risks and complications. definitely do your homework on DVC (and things like "use year") before you buy in...

 

[lawboy2001]

I think DVC can definitely work for you, for a stay once every two years. The banking available with DVC makes it easy...you just bank your points from one UY, into the next, and use two years worth of points in your one visit.

I live in Canada and getting to WDW is easy, but I also bought an Aulani contract, precisely because of the banking. It's a 9 hour flight away, so I only plan to go once every two years, or once every three.

DVC can save you money over the long run, on your Disney stays....whether those stays are 2-3 times a year for a few nights, or 14 nights every two years.

 

[finchy3]

We were looking at dvc but live in australia so only go every other year, but we go for 14 nights, when we spoke to one of dvc sellers they said it would work well as we could bank the points from the previous year and then use the current years points to stay for 14 nights. Does anyone else not go regular but for long periods, just not sure if it's worth it if we can't go as often as we would like? I suppose it's the equivalent as going for 7 nights a year.

Hi,

We're from the UK and plan to go once every two years, banking a year as you mentioned.
It works perfectly for us

 

[MoreTravels]

You should also be aware that there is a 10% foreigner tax when it is time to sell your DVC. With the commission, you will lose 20% before getting your asset sold. This is only applicable to non US buyers.

 

[janischa]

We're from Europe and we bought just enough of points for a nice stay every three years (we borrow and bank at the same time). This means that the first time we went as owners (yay!) we got to stay about twelve nights in a one bedroom; then one year we transferred our points (i prefer transfer to renting since at least you have less risk of people trashing the rooms and you may be held responsible); and now our next trip is scheduled in 2016 when our youngest will be 2+ years old.
So I guess, what i wanted to say it that if you love disney and dvc and are able to plan these holidays long time in advance, it can work out quite well. But it's very dependent on your personal situation. For us at the time, it also worked because points were so cheap (we bought around 45-47 a point for BWV); that allowed us to buy 150 points without bending backward, making it less of a financial headbreaker (especially if you know that the EUR USD currency rates took care of another huge discount!). But at prices of today, I don't think i would have bought those points.

 

[finchy3]

You should also be aware that there is a 10% foreigner tax when it is time to sell your DVC. With the commission, you will lose 20% before getting your asset sold. This is only applicable to non US buyers.

If you sell that is.

 

[McCrae]

You should also be aware that there is a 10% foreigner tax when it is time to sell your DVC. With the commission, you will lose 20% before getting your asset sold. This is only applicable to non US buyers.

The tax withheld can be claimed back.

 

[MoreTravels]

The tax withheld can be claimed back.

It's not as easy as you said. You can 'try to' claim it back by filing a form, which is part of the US tax return. You will need to apply for an IRS number and provide consent to establish your file in US tax agency. They may then look at your UK, Canadian, or whatever country financial info.

For example, I am a Canadian. I will never provide consent for IRS to treat me like a US taxpayer. For me to get a $5000 tax return, I may potentially lose more from having to file US taxes and subject to more invasive laws like FATCA.

Even non-resident Americans are already scared away by FATCA these days. For a foreigner to volunteer jumping into the IRS system when he does not have, that's just silly. It's not worth the the few thousand dollars because your cross-border accountant fee may just run even higher.

 

[Minniesgal]

We are from the UK but live currently in Australia. We plan on going every other year or at least once every three years. It works great for us.

We were supposed to be going this June but work wouldn't let me have the time off so I rented my points as a one off. This also worked great.

 

[mimmi]

We are from Austria and plan on going every two to three years. As we bought our points during a vacation, we couldn't use the points from last year and rented them without a problem, so as long as the renting option exists I don't see any problem at all even if you have to skip a few few years.

 

[Viktoria]

We are from England. We have 350 points, and usually go to florida for 3 weeks in the summer. We bank / borrow and can go 2 years in 3.