Synopses & Reviews
Switzerland and the subject of Swiss banking have evolved over the past few decades, but the legendary ability of Swiss banks to attract incredible sums of money 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 global 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 remain free from such insanity and to hold its own in the face of outside demands. This book, then, is not only about Switzerland and Swiss banking, but it is also about a bigger picture of where Switzerland stands today within the current context of world eventsand how thisunique country can avail itself to you for your benefit.
Written by a renowned specialist in tax havens and offshore banking, Secrets of Swiss Banking reveals a way for you to safely and legally hide your money and protect your assets, all the while quietly building your retire-ment funds and personal fortune without the need for complicated financial planning. Hoyt Barber provides up-to-the-minute, authorita-tive information 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 advantage of current opportunities and future prospects as well as avoid potential problems. Barber skillfully explains the different 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 regulations along with U.S. tax and reporting requirements. And he even outlines the best alternatives to Switzerland.
For anyone interested in protecting their assets and safely securing their financial future,Secrets of Swiss Banking provides the advice they need to succeed.
Synopsis
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 assets by safely and legally moving your money into trusted Swiss financial institutions.
Along with timely banking advice and solid investment insights, Barber provides authoritative information on a variety of Swiss banking-related issuesfrom the basics of opening an account to the nuances of numerous Swiss banking and investment strategies. He includes guidance on foreign currency accounts, trust account deposits, securities trading, investment funds, futures and commodities trading, precious metal investments, margin accounts, custody service, a personal Swiss safe deposit box, and a myriad of Swiss investment alternatives that provide iron-clad asset protectionin addition to a few valuable but little-known Swiss banking strategies.
His solid hands-on advice and investment ideas show how to quietly build your personal fortune and plan financially for retirementout of the reach of the government, creditors, nasty bosses, vindictivespouses, or worsethrough the Swiss banking system.
Synopsis
In Secrets of Swiss Banking, offshore financial specialist Hoyt Barber shows how to protect your hard-earned assets by safely and legally moving your money into trusted Swiss financial institutions. Along with timely banking advice and solid investment insights, Barber provides authoritative information on a variety of Swiss banking-related issues—from the basics of opening an account to the nuances of numerous Swiss banking and investment strategies. He also details Swiss banking policies and regulations along with U.S. tax and reporting requirements.
About the Author
Hoyt Barber is a renowned specialist in tax havens and offshore banking and has served as a financial consultant to clients worldwide. He has authored ten books, including Tax Havens Today, also published byWiley. Barber is President of Barber Financial Advisors in Vancouver, British Columbia, Canada, a provider of offshore financial services, and the popular Offshore Evaluation Service. Visit the author's Web site at www.hoytbarber.com to learn more.
Table of Contents
Preface.
Chapter 1. The Challenges And Threats.
The Economic Front.
The Political Landscape.
The Un-Patriotic Act.
The New America.
Personal Sovereignty and the Urgency to Act.
Chapter 2. Switzerland—Alpine Financial Oasis.
Roots of Political and Monetary Stability.
The Swiss People Reject the European Union.
Armadillo-Tough Asset Protection.
Twin Democratic Republics.
Bankers to the World.
Bank Secrecy in a World of Transparency.
Cloak and Dagger.
The Swiss Franc.
Chapter 3. Where to Begin.
Opening a Swiss Bank Account.
Types of Swiss Banks.
How to Select a Swiss Bank.
Types of Swiss Bank Accounts.
Other Swiss Banking Facilities.
Opening Your Swiss Bank Account.
Online Banking.
Written Instructions to Your Bank
The Perfectly Legal Secret Account.
Tax Evasion or Tax Fraud?
Worried About an Audit?
Chapter 4. Investing Through Your Swiss Bank.
Stocks and Bonds.
Swiss Bank Bonds.
Forward Contracts or Futures, and Margin Accounts.
Precious Metals.
Foreign Currencies.
Commodities.
Warrants and Options.
Mutual Funds / ETF's.
Real Estate Unit Trusts.
Real Estate.
Chapter 5. Banking Policies and Regulations.
The Swiss Regulators.
Financial Actions Task Force (FATF).
Money Laundering.
Qualified Intermediaries (QI's).
U.S. Taxpayer Requirements.
Structuring.
Tax Treaties.
Your Own Private Monetary Policy.
Chapter 6. The Ultimate Investment Plan.
The Secrecy Factor.
Investment Safety.
World's Best Asset Protection.
Swiss Legal Proceedings.
The Swiss Franc.
U. S. Tax and Reporting Requirements.
Tax-Deferred Earnings.
The 1035 Tax-Free Exchange
Swiss Taxes.
Compound Earnings and Interest.
The Swiss Portfolio Bond.
The Swiss Annuity.
Swiss Life Insurance.
Blacked-Out, Forbidden and Little-Known Investment Opportunities.
Chapter 7. Alpine Retreat For Business And Pleasure.
Business Practices.
Travel.
Tax-Advantaged Residency.
Immigration.
Swiss Real Estate.
Swiss Real Estate Investment Companies.
The Swiss Company.
Doing Business in Switzerland.
Back Door to Switzerland
Chapter 8. The Best Alternatives To Switzerland.
The T-7 Tax Havens.
Liechtenstein.
Andorra.
Austria.
Panama.
Belize.
Saint Kitts and Nevise.
Tax Information Exchange Agreement.
Mutual Legal Assistance Treaty.
Appendix A. Swiss Banks.
Appendix B. Other Swiss Service Companies.
Swiss Insurance Companies.
Swiss Investment Counselors/Insurance Brokers.
Swiss Brokerage Firms.
Swiss Investment Services.
Swiss Physical Storage Facilities (Non-Bank Related).
Swiss and Other Organizations.
Appendix C. Resources.
Tax Information.
Expatriating/Overseas Retirement/Offshore Investing.
World Bank Resources.
Important Swiss Contacts.
Barber Financial Advisors.
Offshore Evaluation Service.
Appendix D. Suggested Reading.
Books on Banking and Investing.
Books on Economics, Investments and Others of Interest.
About the Author.
Index.