The Swiss Banks Renaissance: Is It still a Good Idea?

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If you asked someone on the street about offshore banking, chances are, their mind will go directly to Switzerland.

Thanks to spy movies and the Wolf of Wall Street, Switzerland is the banking capital of the world in the mind of the everyday person.

The problem is that quite a bit has changed in the world of offshore banking.

Government regulation has changed how bank privacy works (if it does at all), but that’s not the only thing that has changed. Today, the average six- or seven-figure entrepreneur handles their money very differently than the high-net-worth individuals of the past.

The question you need to ask yourself now is, are Swiss banks really the best for your situation?

In this video Rusudan Abdushelishvili, our Chief Financial Officer shares what she thinks about banking in Switzerland.

00:00 Start
0:23 Banks in Switzerland
1:07 Swiss Banking Secrecy
1:50 Benefits of Banking in Switzerland
2:30 Open Bank Account in Switzerland

Andrew Henderson and the Nomad Capitalist team are the world's most sought-after experts on legal offshore tax strategies, investment immigration, and global citizenship. We work exclusively with seven- and eight-figure entrepreneurs and investors who want to "go where they're treated best".

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Andrew has started offshore companies, opened dozens of offshore bank accounts, obtained multiple second passports, and purchased real estate on four continents. He has spent the last 12 years studying and personally implementing the Nomad Capitalist lifestyle.

Our growing team of researchers, strategies, and implementers add to our ever-growing knowledge base of the best options available. In addition, we've spent years studying the behavior of hundreds of clients in order to help people get the results they want faster and with less effort.

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DISCLAIMER: The information in this video should not be considered tax, financial, investment, or any kind of professional advice. Only a professional diagnosis of your specific situation can determine which strategies are appropriate for your needs. Nomad Capitalist can and does not provide advice unless/until engaged by you.