Opening a Swiss bank account as non-Resident | Offshore Banking in Switzerland | Finance & Banking

Описание: Today we take a look at how to open a Swiss bank account and what the benefits are from offshore banking in Switzerland. Since it's about offshore banking it automatically applies to non residents.
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In the past years the Swiss banking system has felt a lot of pressure from other governments, to be more transparent about the identity of accountholders. This has led to the implementation of several data sharing standards, that now automatically send all relevant tax information to the corresponding countries.

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It is still up to the individual accountholder to report their worldwide assets and income to their local governments, however those government now have access to the information if required.

Given all these development, many say that Swiss Banking is now a thing of the past. This is not the case and the banking system in Switzerland still has great benefits.
If you are looking for an offshore bank with unfettered access to the US & EU market, then Switzerland is definitely the way to go.

When it comes to the benefits of Swiss Banking, the main one that stands out is Financial Security & Stability. This is not just limited to the banking system, but to the whole economy of Switzerland.

With the Swiss debt to GDP ratio staying between 38 and 42 percent for the past 10 years, the country is much more solvent compared to other major economies. The debt to GDP ratio of Germany and Australia is at 68% and 76%, while Canada, the UK and the United States all surpassing 100%. The US is in a league of its own, with a dizzying 135%.
(source: OECD).

Combine this with strict Swiss banking laws concerning capital requirements, an emphasis on Safe banking practises and a very stable Swiss franc and you can rest assured that your money will be there whenever you need it.

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