Swiss Bank Account Opening
In Secrets of Swiss Banking, offshore financial specialist Hoyt Barber shows how to protect your hard-earned pluses by safely and legally moving your cash into trusted Swiss financial institutions. Along with timely banking counsel and solid investment insights, Barber provides authorized data on a potpourri of Swiss banking-related issues—from the fundamentals of opening an account to the subtle differences in meaning or opinion or attitude of numerous Swiss banking and investment strategies. He likewise details Swiss banking policies and regulatings along with U.S. tax and reporting requirements.
From the Inside Flap Switzerland and the subject of Swiss banking have evolved over the past few decades, but the legendary capacity of Swiss banks to attract unbelievable sums of cash from all over the globe has only increased over time, strengthening this little country's position in the world. Why? Because Switzerland has remained independent in the face of international geo-politics, including pressures from the European Union to join them and pressures from the United States to abolish their Banking Secrecy Act. Switzerland intends to stay free from such insanity and to hold it is own in the face of outside demands. This book, then, is not only with regards to Switzerland and Swiss banking, but it is also regarding a more prominent picture of where Switzerland stands today within the current context of world events—and how thisunique country may avail itself to you for your benefit. Written by a famous specialist in tax havens and offshore banking, Secrets of Swiss Banking reveals a way for you to safely and legally hide your cash and protect your assets, all the while quietly building your retire-ment funds and personal fortune without the need for elaborated financial planning. Hoyt Barber provides up-to-the-minute, authorita-tive info for both those who are new to the subject and those who are more expe-rienced and seek an update of the most current information, approaches, and ideas. Allreaders will advance their understanding to a new level and be in a better position to take vantage of current probabilities and future probabilities as well as keep out of the way of potential problems. Barber skillfully explains the dissimilar types of Swiss bank accounts, how to select a bank, and how to invest in stocks, bonds, and other financial instruments through your Swiss bank. He details Swiss banking policies and regulatings along with U.S. tax and reporting requirements. And he even outlines the best number of things from which only one can be chosen to Switzerland. For any person fascinated in protecting their summations and safely securing their financial future,Secrets of Swiss Banking provides the counsel they need to succeed. From the Back Cover Everything You Need to Know to Enjoy the Benefits ofSwiss Banking Take action to secure your financial freedom and future now! Offshore financial specialist Hoyt Barber shows how to protect your hard-earned pluses by safely and legally moving your cash into trusted Swiss financial institutions. Along with timely banking counsel and solid investment insights, Barber provides authorized data on a assortment of Swiss banking-related issues—from the fundamental principle of opening an account to the subtle differences in meaning or opinion or attitude of a lot of Swiss banking and investment strategies. He includes guidance on alien currency accounts, trust account deposits, securities trading, investment funds, futures and commodities trading, cherished metal investments, margin accounts, custody service, a personal Swiss safe deposit box, and a myriad of Swiss investment number of things from which only one can be chosen that provide iron-clad asset protection—in addition to a few priceless but little-known Swiss banking strategies. His solid hands-on counsel and investment ideas show how to quietly build your personal fortune and plan financially for retirement—out of the reach of the government, creditors, nasty bosses, vindictivespouses, or worse—through the Swiss banking system. About the Author Hoyt Barber is a widely known and esteemed specialist in tax havens and offshore banking and has served as a financial advisor to clients worldwide. He has authored ten books, including Tax Havens Today, likewise published byWiley. Barber is President of Barber Financial Advisors in Vancouver, British Columbia, Canada, a provider of offshore financial services, and the ordinary Offshore Evaluation Service. Visit the author's Web website at www.hoytbarber.com to learn more. |
Most helpful client reviews 20 of 21 persons found the following review helpful.
 Good resource but ignore the paranoia
By Herb Hunter
If you want a concise resource when it comes to Swiss (and other off shore) banking, then this is a good - no, make that great - resource from a reputable publisher. The author covers not only Swiss banks, but other top countries world wide known for beneficial bank laws for uncertain times.
Though a great deal of mechanically think of tax evasion when the subject of Swiss banking arises, the perfectly legal possibleness of converting your savings into Swiss Francs could be a good hedge versus a falling dollar. The book is marketed to US and Canadian audiences, so legally some of the suggestions might mean dissimilar things to dissimilar people. Therefore, do not act on his word without checking your tax status with a welleducated source.
The only negative would be the paranoia in the early portion of the book, such as on p26 where the author proposes that the North American Union might be brought with regards to with the help of a "conveniently timed terrorist attack." This on it is face is paranoid, but if it's meant to suggest that the terrorist attacks of 9-11 were in some way planned, then that makes it flat out stupid as well. Therein lies the problem with any book that even approaches this subject: even without such outlandish claims, the mere discussion of fiscal policy as it relates to world events will constantly offend the politics of a lot of readers. At that point, one needs to put apart the political baggage and get past the politics and remunerate attention to the system for preserving wealth.
Even if the author veritably believes in conspiracy theories (or if he only wants to cater to the tin foil hat wearing crowd), it doesn't take away from the value allround the book. It's an uncommonly good find amid personal finance books.
EDIT: Much has changed since this book was written and since I wrote this review. The US Government did the greatest shake down ever of all the suspected sanctuaries. Though the Swiss ultimately told them to back off, there were substantial changes consorted to. It's embarrassing as an American, but financially we're the point where Uncle Sam is desperately looking for quarters in the sofa cushions to pay for social security, never mind all the idiotic new spending coming down the pike.
I recognise of no current book with the latest changes incorporated, but I haven't looked lately. In any event, beware - things are getting ugly out there. 9 of 9 people found the following review helpful.
 An splendid insider's treatment of the topic, and more...
By S. George Ltd
This well-written work is the only book on this topic that I have been capable to find in years, and, thankfully is a worthy successor to Harry Browne's landmark work, "The Complete Guide to Swiss Banks," which was published in 1976. Of course since then, times have changed, and Hoyt Barber's book is up-to-the-minute. It explores some solid investment choices available to North Americans in Switzerland and other venues, including the broader picture of alien currencies, precious metals, economics, estate planning, asset protection, and secure offshore investments.
This is a solid financial work, but also offers readable and agreeably diverting commentary on the times. 4 of 4 persons found the following review helpful.
good book with a caveat
By Surprise!
This book must surely tell you all you need to recognise with regards to Swiss banking and investments - now if he had only held his endless political biases to himself I would have added a star. It would likewise be wise to check online for intermediaries who may help. CAUTION: Some charge a fee, but not all. Choose the latter! See all 5 client reviews... |
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