Private clients - Bank accounts
The use of a non-resident account could be useful to the private investor, to collect and save money outside the country of residence. This is especially true in Europe when this practice is a legal right of the consumer. We open private currents accounts in Switzerland, Luxembourg, Cyprus, Jersey and Latvia. The investor willing to add safety and confidentiality to its assets should use an offshore company and the corporate account, this vehicle being different from the beneficial owner. The use of a Delaware company and the corporate bank account in the EU is a wise and confidential solution, either for a current account or to shelter financial investments without any tax. Some jurisdictions may be use to open an account without to come physically, through oiur bank introduction, like Switzerland, Cyprus, Jersey and Latvia. Others, like Luxembourg, or Seychelles with a local company, do not need the presence of the beneficial owner. A debit or credit card with a safety deposit are available to cash money at ATM or to pay for goods, including on the Internet.
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.
- Luxembourg: physical presence of the beneficial owner is mandatory. Wealth management account from EUR50,000 of assets in a private bank. Offshore structure like a company, a trust or a foundation available to increase safety and confidentiality. 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. A private account could be opened in the following currencies: GBP, USD, EUR, CHF and AUD.
- 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.
Phone: +41 78 873 58 45