77 Reasons for Swiss Bank Account Opening
77 Reasons for Swiss Bank Account Opening The world is becoming more insecure. People fear -the effects of money printing, helicopter money, inflation and political instability. The trust- in the government vanished. They fear higher taxes, confiscation, redistribution of assets-, socialism, a girl named Greta, capital export restrictions and other horror scenarios-.
Smart investors have a plan B. They fear want to be prepared for the worst case scenario. A trustworthy- banking system in a secure country has become more important than ever before. In this video-, I show you how you can start with your plan B. I will give you 77 benefits, reasons, advantages,- examples, facts and figures for Swiss bank account opening. Start with your plan B today. Stay tuned.- Hi, I am Enzo Caputo, the international Swiss banking lawyer, the owner of the boutique law firm Caputo & Partners AG and the founder of swiss-banking-lawyers.com The world is becoming more insecure.
People fear the blog where successful business people find tips and solutions how to better protect their assets with Swiss banks and how to pay less tax. -During the Covid-19 crisis, Swiss banks collected record numbers of new money coming from all over the world but especially from the USA and Asia. Let’s analyse the plan B of smart investors. Switzerland is the safest place on earth for asset protection and wealth creation. If your money is in a secure private Swiss bank that means that your wealth is out of your country of residence and out of the influence of the legal system at home. The best asset protection plan brings your assets out from the influence of the authorities in your home country to a secure banking jurisdiction like Switzerland. Reduce the risk of confiscation of your assets. Most countries are sinking deeper
and deeper into insolvency. According to the Federal Deposit Insurance Corporation in the USA more than 500 banks collapsed since the financial crisis 2008. Many lost their life savings. More than 10 million people in the US lost their homes. Watch out. Europe is not doing better than the in the USA. Bail-in scenarios as we have seen in the Cyprus crisis cannot be excluded anymore. What is a bail-in scenario? It’s very simple. Instead of giving your money back, you will receive
the shares of your insolvent bank. This is a bad deal. Spain has introduced bank deposit taxation. Poland, Hungary, Portugal and Argentina nationalized retirement savings. Severe capital control measures in Iceland, Greece, Turkey, Cyprus and Lebanon are just the beginning. Some economists have described Lebanon's financial system as a nationally
regulated Ponzi scheme where new money is borrowed to pay existing creditors. Since August 2019, I am receiving calls every week from investors having assets blocked in Lebanon. Since August 2019, sending money out of Lebanon is not possible anymore. Nevertheless, we discovered a clever way to help. Here is the trick. We invested the money in shares and we transferred the shares out of Lebanon to a Swiss bank. Unfortunately, our trick has been discovered after 3 months and the laws were changed. Today, there is no loophole, trick or strategy for helping clients. If you
think that such kind of confiscation measures can’t happen in your country, think again. You should start today working on your plan B. It’s never too early to protect and secure your assets. As you have learned of the Lebanese example, the last will be bitten by the dogs.
Bring a part of your money outside of your country as long it is legal. Do it before capital export restrictions are coming. History shows that capital export restrictions are not announced in advance. They will come overnight, from one day to the other. Christine Lagarde, the head of the International Monetary Fund, the IMF, said in a statement: it’s fully legitimate and acceptable to confiscate a part of the savings exceeding EUR 100’000 to help the budgets of the governments to look good again. Watch out. This statement is a red flag and not a joke. Transferring a substantial part of your hard-earned assets out of your country to Switzerland is a legitimate defence reaction. It’s 100% legal as long as you fulfil your reporting obligations for offshore
bank accounts. Here is the truth. Having a Swiss bank account is not illegal, hiding money is. If you want to circumvent the reporting obligations you have to go out of the banking system and invest in physical gold in a private vault in Switzerland. Physical gold is not reportable. Switzerland is one of the best countries to open offshore bank account. Please be informed that in
Europe, we have only 3 countries without financial budget problems. Here are the 3 countries, Switzerland, Liechtenstein and Norway. All other European countries run out of money. Take your money out of your country before your country will take your money out of you. Since more than 200 years, Swiss banks are the safest banks in the world. They are very solid and very well-capitalized. Western banks are often under-capitalized. Most of these banks only keep a tiny bit of cash on hand to meet customer withdrawal requests. That means,
in the event of another Lehman Brothers crisis, you will have trouble accessing your money. There is no doubt. Switzerland is the best jurisdiction for asset protection. We measured all tier 1 capital ratios of all Swiss Private Banks, one by one. The best and safest Swiss banks
we suggest to our non-resident clients have the highest tier 1 capital ratios on the planet. Since 200 years, Swiss banks have proven to be very solid. They are the best-capitalized banks in the world. They are the most responsible custodians of your hard-earned savings. Let me tell you why. The carefully composed selection of Swiss private banks we are suggesting to our non-resident clients are not involved in derivatives trading, not involved in risky lending activities, no investment banking, no trade finance, no letters of credit, no bank guarantees. We prefer banks focussed on wealth management, nothing else. We don’t like banks gambling with the money of the clients. Our partner banks have a tier-one capital ratio in excess of 20%. Only the best capitalized
Swiss banks are good enough for our clients. After Covid-19 roughly 35% of all offshore assets are managed by Swiss banks in Switzerland. That’s one of the multiple reasons why today 35% of all bankable offshore assets of the world are kept with Swiss banks. The owners of 35% of all such assets cannot be wrong. If you like this information show it to us and give us a like,
now. Press the like button now. If you like more information about international asset protection subscribe to our YouTube Channel now. Press the subscribe button and ring the bell. By doing so, you will never miss a new video. If you like more information such like this subscribe to our
YouTube channel now and ring the bell. By doing so, you will be alerted. You will never miss a new video. Stay with us. Since the Covid-19 crisis, the new requests from the US are skyrocketing. Smart US investors have a plan B. They want to be prepared for difficult times. They do not feel comfortable at home anymore. The Legal Resource Network reports that
15 million lawsuits are filed in the USA every year. A foreign bank account in Switzerland can help make you a less attractive target for aggressive lawyers and greedy spouses. Swiss data protection law and Swiss banking secrecy laws will make access to your money very difficult if not impossible. The Swiss banking secrecy laws are not protecting tax evasion schemes anymore but there is still full protection of privacy. Swiss bank secrecy is still valid. Swiss bankers risk a jail sentence up to 6 months if they disclose bank account information of their clients to third parties. Requests for international legal assistance in tax matters are rejected if there are no connections to additional criminal activities. Swiss judges are aware
of certain corrupt countries. They know the methods of corrupt foreign authorities. Officials of corrupt countries are frequently abusing the requests for international legal assistance for steeling the assets on Swiss bank accounts. Successful business people are victims. They try to steal money based on fabricated criminal activities. In Switzerland,
such abusive requests are rejected. There are multiple other reasons for opening an offshore bank account in Switzerland. One reason is that you will make more money in Switzerland with your portfolio. In Switzerland, you will find the best asset managers in the world. Our best in class asset managers outperform the benchmark. You will pay less banking fees because they have agreed a preferential treatment with the banks. As their clients, you will benefit of an institutional pricing. Check my other videos about our best in class asset managers and
other Swiss bank account advantages. Let’s talk about currency diversification and investments. Having bank accounts with multiple currencies is a great way for diversifying risks, protecting the purchasing power and internationalize your savings. An offshore bank account commonly offers an online platform with multiple currencies and international investment opportunities. Let me give you two other examples of asset protection with multi-currency diversification and wealth preservation. When the EUR has been introduced, for 1 EUR you had to pay 1,72 CHF. Today, the same 1 EUR cost 1.14 CHF only. The EUR lost roughly 40% of his value against the CHF.
By the way, the Swiss Franc is 40% backed with gold. We have the same scenario with the USD. The value of the USD came down substantially. When I was a young man, for 1 USD you received 4.40 CHF. Today, 1 USD cost less than 1 CHF. The Swiss private banking industry is regulated by a trustworthy banking system. Smart investors can expand their portfolio with investments that are
offered in Switzerland only. In Switzerland, you can find a healthy investment climate so you can get the most out of your wealth. I suggest to my clients to engage an independent best in class asset manager. According to our survey with 115 clients we discovered the following advantages. The best service quality, best pricing and the best possible performance can be achieved by engaging an external asset manager. We are in a position to demonstrate that you can make much more money with our external asset managers. External asset managers are outperforming banks by far. It is very important to not work with a monster bank offering just
an anonymous call centre service. We have dedicated advisers you can call at any time. At any time means having calls outside of the ordinary office hours in case of urgency. If you do important payments you need professional advice of somebody knowing your personal situation. You have to pre-discuss the background of your next transaction before the transaction will take place. Otherwise, your account can be frozen. The takeaway is to reject call centre services and really ensure a high quality advice by a dedicated professional. Dedicated advice means the advice of a dedicated professional who is aware of your business situation. Poor advice
will cost you money for sure on the long run. A Swiss bank account opening means more income from your wealth. A dedicated Swiss banker or an independent asset manager has always access to unique investment opportunities such as exclusive club deals, successful hedge-funds, IPOs, hot issues with limited subscription rights, off-market real estate and other very confidential off-market investment opportunities. Swiss asset managers are very familiar with the international diversification of investments. That’s one of the main reasons why American clients like Switzerland so much. Swiss asset managers are more familiar with international investments around the globe compared to US asset managers focussed on US investments.
Since the Covid-19 crisis, American investors are opening Swiss bank accounts like crazy. Today, the mobility of wealthy families is increasing. They are increasing their mobility with an alternative residence in a tax efficient jurisdiction or with a second citizenship. It’s not a coincidence that the biggest Citizenship by Investment and Golden Visa provider is located in Zurich, Switzerland. He’s name is Henley & Partners. Swiss banks are hiring new staff to satisfy the increasing demand of clients from the USA. Let me give you another typical example. I know an independent
Swiss asset manager with an SEC license managing the funds for US celebrities at very competitive terms and conditions. He makes between 6% and 9% performance per year for the last 12 years with globally diversified investments. The funds will be in your name with the best Swiss bank account for foreigners. A proven best in class Swiss asset manager will manage your assets in
your bank based on a limited power of attorney. We strongly recommend outsourcing asset management services to one of our successful external asset managers. You will pay less banking fees because the external asset manager is in a position to offer much better pricing. You will safe around 50% banking fees. You will spend much less money if you will cooperate with one of our proven asset
managers. Swiss banking means financial and political stability, long-term growth and more privacy. Opening a bank account in Switzerland is not that easy anymore as it was in the old days. Swiss banks like to work with somebody they trust. We will introduce you a bank tailor-made to your needs and expectations. We need a passport copy and a short CV. You have to document the origin of funds and explain the income streams. Physical presence is not imperative. Account opening can be done remotely with a video conference call with the bank. We will guide you
through the process. Please be advised that Swiss banks will ask questions on the origin of funds. This is a good sign. You have to be ready to provide documents showing the origin of funds. If you encounter an offshore bank taking your money without asking questions on the origin of funds, this bank is dangerous. Please go away immediately. This is not a good bank. Your money will disappear. Your money will end in a jurisdiction you will have no chance to recover one cent back. I had a German client who sent untaxed money in the amount of 750’000 EUR to an internet bank in the Comoros Islands. He lost the full amount. The same fraudsters are setting
up a new bank in the Republic of the Sahara. Be very careful with banks in exotic locations. If you have a doubt if the bank is legitimate just give me a call. I will check it out for you quickly. The Swiss bank account will be operative within 1 to 2 weeks. We will help you to negotiate fair terms and conditions. You should not pay more than 1,2% of the asset under management per year for 1 million EUR minimal amount of investment. For more assets, you will pay less than 1%
per year. With a Swiss bank account you can ensure immediate access to medical care abroad. If you have difficulties accessing medical care at home, you may need medical care in Switzerland. Switzerland is famous for medical care tourism. In the worst-case scenario, this could mean the difference between life and death. Let’s assume you need medical care from a specialist abroad. You would have transferred an important sum of money outside your country to pay for the treatment. In many countries, transferring substantial amounts can be a big problem or, if you are lucky, just time-consuming. Swiss banks are familiar with transferring substantial amounts
of money. In case your country has imposed capital export restrictions over-night you are unable to pay for the surgery. Last summer, I transferred 40’000 EUR from Italy to Switzerland. Just accessing and speaking to the competent banker in Italy was a nightmare. I made 20 phone calls and the result was zero. For doing the transfer, I was forced to engage an Italian lawyer with special connections to the bank. At the end of the day, the transfer has taken 5 weeks to be done. If you
open an offshore bank account with a Swiss bank in Switzerland you can pay your invoices immediately. Where ever the destination of your payment may be, payments from Swiss banks are accepted everywhere. Swiss banking is highly respected around the world. I had a client with his daughter having a very rare illness. All his bank accounts have been frozen in his country of residence due to a pending tax investigation against him. He was unable to pay because he had no
Swiss bank account. He started negotiations with the prosecutor in charge of the investigation. The prosecutor told him that this is not his problem. Not one cent has been made accessible. Fortunately, he found 2 friends who supported him paying the invoice. Without the generous support of his 2 friends, the daughter would not be alive today. Having the option to act immediately can be very important. When it comes to international confiscation or capital export restrictions,
it’s much better to have your assets already in Switzerland than being a minute too late. If new capital control measures or confiscation of savings are entering into force overnight, it will be too late to transfer money. It will be too late to protect your money. Start with your plan B. Do it today. Just give me a call now. Asset protection strategies must be implemented before something bad happens. It is one of the most common and underestimated mistakes. Most of the people think that a situation like that will never take place until they will be confronted with the real world. Sometimes, reality can be harder than fiction. Most investors
recognize the importance of diversification of their investments in different shares and bonds. The majority of investors are not recognizing the importance of diversification with offshore banking jurisdictions and offshore bank accounts. That’s a latent need. They are simply not aware of this even more important risk-reducing offshore strategy. It is quite frequent that the counterparty of a unique investment opportunity has his money in Switzerland.
Therefore, the international transaction will be easier for the buyer and the seller if both accounts are in Switzerland. Let’s assume you want to sell an important Picasso painting made in the so-called blue period. In this case, you need a Swiss bank account. It is very likely that the buyer of the Picasso will do the payment with his Swiss bank account. It is very likely
that he will store the Picasso in Switzerland in a private vault. Such transactions are much easier with Swiss bank accounts. Swiss bankers are very familiar with such transactions. Financial kidnapping is one of the most important reasons to open an offshore bank account with a Swiss bank. Financial kidnapping is quite frequent in South America and in the Middle East. In South American countries, it can be very dangerous to deposit money with a local bank. Local bankers can cooperate with criminal elements and put you and your family in danger. Swiss banks
have many clients from South America because they appreciate the strict Swiss privacy and Swiss bank secrecy rules. Due to the Automatic Exchange of Information with the Tax Agencies in South America many South American clients of Swiss banks are scared of financial kidnapping. Some of them already relocated to more secure residential areas to prevent financial kidnapping. We helped them to solve their issue with financial kidnapping. Other clients transferred their assets to countries not being part of the AEOI like Georgia. There are some excellent banks in Tbilisi, Georgia. Some of them are listed on the London stock exchange. The bankers in Georgia are more than happy to accept
new clients in Tbilisi. Swiss bankers and asset managers are educating local staff members to increase their private banking skills in Georgia. Some Swiss asset managers have transferred their business to Tbilisi following the depository banks of their clients. Choosing the right bank is an important decision. The right jurisdiction depends on many circumstances of the specific situation of
the client. Therefore, tailor-made advice given by a bank professional can be very important. Having a plan B offers peace of mind. Having an offshore bank account in Switzerland is like an insurance policy. It gives you peace of mind because you have a plan B in place. You are prepared for unpleasant surprises. An offshore bank account is 100% legal if you accomplish your
tax filing obligations. We are experienced with international tax reporting requirements in many different taxation systems in many countries. The good Swiss banks we suggest to our clients have tax reporting forms ready. The forms are made according to the specific needs of
the tax agency in compliance with the rules in the country of residence of the client. Maximize your personal freedom and privacy. Having an offshore bank account gives you more options. More options mean more freedom and more privacy. It will be tough for any government to control your future plans. In case you want to buy a second passport with the Citizenship by
Investment program, you can use your new passport and open a new offshore bank account with the new passport. Such passport is known as the banking passport. Many countries are offering Golden Visa and Citizenship by Investment Programs. In certain countries, it’s straightforward to change your name. A new passport of a new country can be used to open a new offshore bank account. If you need more confidentiality to protect your assets, we can help you with legal solutions to protect your privacy. Obviously, every single case is different and we are here to consider
your specific situation on a case by case basis. We know the countries offering such programs. An offshore bank account in Switzerland with a second passport legally obtained in combination with a new residence can be the perfect combination to maximize asset protection or to solve a sophisticated tax problem with undeclared assets making them tax-compliant. If you like this information show it to us and give us a like, now. Press the like button now. If you like more information such like this subscribe to our YouTube channel now and ring the bell. Insider information just like this cannot be found in universities, in libraries and not on the internet. If you like information just like this, don’t forget to subscribe to my YouTube
Channel now and ring the bell. Click the subscribe button and ring the bell. By doing so, you will never miss a new video. If you want to start with Swiss bank account opening call me now. We are happy to start immediately with Swiss bank account opening. We will introduce you to the best Swiss bank for foreigners and a best in class asset manager who will grow your portfolio step by step.
We never lost a client. Our clients are happy because they make money step by step, year by year. If you have a very confidential question you would like to discuss with me grab your mobile phone now and dial +41 44 212 44 04. It's never too early to protect and diversify your assets, transferring a big part of your assets to Switzerland. Bring your money out of your country
before your country will take your money out of you. Be rich and stay rich. Have a wonderful day.