You’re familiar with physical gold and what it brings to your portfolio. You also know what it requires: a trip to a branch to buy it, a secure place to store it, often storage fees, and a tax when you sell it. Godot & Fils created Kara, its mobile app, to eliminate these hassles right from your smartphone. Today, Kara is expanding with the addition of safes.

Kara at a Glance: Physical Gold, with No Storage Fees and No Taxes*

With Kara, you own physical 24-karat gold (999.9 ‰), stored in a secure vault in Switzerland that is insured and audited. Two advantages set it apart from a traditional purchase:

Storage is free. No custody fees or safe deposit box rental charges, and you pay nothing as long as you hold onto your gold.

No taxes, from purchase to resale*. No sales tax on purchase, no taxes while you hold it, and no taxes when you sell through Kara. Nothing to report, nothing to calculate.

From the app, you can also:

• Buy gold on an as-needed basis, or schedule a purchase weekly, biweekly, or monthly, starting at €10;
• Send gold to your children or grandchildren in just a few seconds;
• Sell all or part of your gold, with fees displayed before each transaction;
• Withdraw your gold at a Godot & Fils branch if you wish to hold it in person (eligible formats).

New: A safe deposit box for each project

When you set aside gold, it’s rarely without a reason. With vaults, you can organize your gold according to your goals and track each one separately. Create a vault in just a few seconds and give it a name and an icon: “Fanny’s Education,” “Lucas’s Down Payment,” “Wedding,” “Retirement.” You can create up to four additional vaults in addition to your main vault.

A recurring purchase for each savings box

This is the heart of the new feature. Each vault can have its own recurring purchase. You choose the amount and frequency, and the vault fills up on its own. Scheduled savings become goal-based savings: one amount each month for one person’s education, another for your retirement.

Move your gold freely

Do you already hold gold on Kara? Move some of it to a vault—or from one vault to another—whenever you want. Transfers are instant, free, and unlimited. If you delete a vault, its gold automatically returns to your main vault: not a single gram is lost.

Plan today, pass it on when the time comes

Month after month, you build up a reserve for a child or grandchild. When the time comes, you transfer this gold back to your main vault and send it in just a few seconds via the app. It’s from this main vault that you make one-time purchases, sales, transfers, and in-branch withdrawals.

The same gold, in your name

Kara vaults are storage spaces within the app. Physically, all your gold remains stored—free of charge—in the same secure vault in Switzerland. It belongs to you, regardless of which Kara vault you’ve stored it in.

Kara draws on the expertise of Godot & Fils, a French firm specializing in gold since 1933. The same gold, the same high standards, with the simplicity of an app. Vaults are available starting today.