Bank account in Switzerland – Super Autonomy and not only for the super rich
Bank account in Switzerland Super Autonomy and not only for the super rich
There Switzerland may be the popular belief that you have millions in assets or very good connections with his account in a position for a bank account, but it is much easier than you think, and you do not need to have a ton money in the bank to do so either.
Normal control, savings, custodial and brokerage accounts can also be open to all, from all over the world. As in any local bank competition, there will be differences inMinimum and the fees payable. Often, you can open a current account balance is not more than $ 5,000 with a minimum.
May be the popular belief that a Swiss bank account means that you have added some 'privacy, and that is the belief that it is true. This is one reason why people are attracted only to open a Swiss bank account, and with good reason. In 1934 Switzerland passed a law making it illegal for anyBank to share any information about an account, including whether there is indeed an account or not. It does much more than the private. However, there are some loopholes in the law, which promote "an account holder information is a bit 'more liberal with them. Except in criminal cases, Swiss banks are obliged by law not to disclose information on behalf of others, but in many cases, as with the IRS, is theObligation of individuals to disclose their financial affairs with the local tax authorities. And remember that the Court to consider in a property to deny this is to commit perjury.
If privacy is the Big Draw not open a Swiss bank account, what else is there? Another reason why people are interested in holding a Swiss bank account is your money in a currency other than their "home currency". I happen to live inU.S. and has a few Swiss francs, a way for me to be against the U.S. dollar value of coverage, while I do my interest on deposits in Switzerland. collected, however, like all foreign companies, foreign withholding tax, this is possible up to 35%.
A question that remains is how to go about actually opening a Swiss bank account. The only good option at this point is actually pack up and go to Switzerland. If you need Swiss francs, then you can go internationalBanks (eg HSBC) and open an account denominated in Swiss francs. If you go to Switzerland to remember to bring these essential s: Passport, Financial background, origin of deposits (financial origin of the money you are depositing) and of course your personal information.
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