What countries are open for business? All countries are open to start as Affiliate. This means you may build your business worldwide. KB Gold is opening up new countries for Gold Savings Accounts. USA and Canada are planned to open up in May 2011.
Does it cost anything to register as a distributor? No
Is KB financially solid? Yes – with more than 6 million 1 gram gold bars sold so far, KB is more than financially solid.
What sales figures have KB shown so far? In KBs first year with gold, 1,2 million 1 gram gold bars was sold. KB expect this figure to reach 6,2 million in their second year. And they expect to exceed more than 20 million 1 gram gold bars sold within their third year.
Does a purchase plan customer HAVE to purchase gold each month? No, the customer may at any time pause his purchase plan.
Can a customer have several purchase plans? Yes that´s possible, however KB only pays CABs on 1 purchase plan per person.
Can a purchase plan customer buy additional gold as one time purchases? Yes that´s possible.
What if I wish to make a gold purchase plan for my child? Parents may assign their children as customers with them selves as guardian.
Do I need a credit card to purchase gold? Not necessarily. All countries that reach a fixed amount of turnover will have a local KB office and with that, local bank accounts. Untill, customers may wire transfer amounts from their country to KB or use PayPal as method of payment.
Are gains on gold taxed? That depends on the laws of your country, most countries however do not tax gains on gold purchases.
How often are distributors paid? Distributors are paid monthly up to three times.
Can I sell my KB business if I wish? Yes you may, it´s your business.
Can I have several positions in KB? You may have 2 positions in KB. One as a private person and one company held position.
To climb in titles I understand that points are needed. How do I get points? For every € purchased on new monthly purchase plans in your organisation, you recieve 1 point. That means if you have a group/organisation that has customers who purchase for 6.000 € you get 6.000 points. Points are also given on one time purchases in ratio 1:10.
Is there a limit to how many points can be given? Yes, one single monthly purchase plan can maximum generate 500 points. There are no maximum point amount on one time purchases.
How can KB pay so much in commission? As KB controls the whole process – mining, refining and selling – they have a much bigger revenue. From this they pay their distributors.
What income potential can KB provide? That depends on own efforts combined with the efforts of ones contacts.
How much will a customer make me? Depending on your level you are paid between 100 € and up to 670 € on each customer you help assign a gold purchase plan. In addition you are paid up to 5,5 % on monthly purchase amounts as well as on one time purchases.