Swiss Bank Accounts for Non-Residents
Swiss bank accounts for non-residents are appealing because of their perceived anonymity as well as having certain perceived business and tax advantages. Swiss bank accounts for non-residents are possible but there are issues to be mindful of when considering opening an account at a Swiss bank. The Foreign Account Tax Compliance Act (FACTA) For those who fondly remember the concept of a Swiss bank...
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Swiss Bank Accounts for Non-Residents
Swiss bank accounts for non-residents are the stuff of legends. Commonly, they are associated with Bond movies or tall tales of kingpin dealings. The reality is much less exciting but may offer perks you didn’t know you needed. Swiss banks are famous for keeping your information private, making it a known tax haven. For hundreds of years, Switzerland has kept bank account information secret...
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