This first step may be the start of an outsourcing wealth in Europe. This type of account is opened, generally, as an individual, and could be protected by the banking secrecy in Austria, Belgium, Luxembourg and Switzerland. Some jurisdictions allow the opening of such account in the name of an offshore company, or trust, or foundation to increase legal protection and confidentiality.

Switzerland: no requirement of physical presence. An account can be opened remotely with a copy of identification and certification of signature. Some banks require the physical presence of the account holder. Several types of accounts are available, like current, deposit, or for securities, the later with a private bank for wealth management. Banking secrecy.

Latvia: no requirement of physical presence. A bank introduction is available through our company. Credit card is available like Visa Gold with a low security deposit. Banking secrecy.

Cyprus: no requirement of physical presence. It is possible to open an account with an offshore company, including Delaware; or trust or foundation. As a corporate vehicle, a European holding and its account is available for corporate tax planning.

Mauritius: no requirement of physical presence. A corporate account could be opened with a Mauritius GBL 1 company (Resident status) or a GBC 2 (Non-resident status), or a trust which present many advantages.

Seychelles: no requirement of physical presence. Fast track for an association between a Seychelles company and its bank account, for investment or international operations of commerce.

Delaware: no requirement of physical presence. Formation of the Delaware Company and the opening of a corporate account in an EU jurisdiction. This is perfect for high confidentiality and respectability.