How to find secure offshore banking services you'll be happy with.
How to find secure offshore banking services you're happy with. You may want a Swiss Offshore account to: - Expand your business. - Reduce your taxes. Simplifies business management. - asset protection; estate planning; - Financial anonymity. Tax free investment. Those who engage in international or online business and generate significant tax exposure can lighten their load with an offshore account. Please note that the Swiss government imposes a 35% withholding tax on interest earned on accounts owned by foreign residents. Also, checks are no longer used in Switzerland. This is a hassle if you are used to dealing with them. Many people think that a Swiss bank account is unreliable or insecure because they do not practice banking in their home country. this is not true. Some Swiss banks have been around for over a hundred years. They are the same as your local bank account; Just in a different country. It can pay you the income from your offshore company or transfer money to you