TACAA320 From , joined Dec 1969, posts, RR: Posted (10 years 4 months 3 weeks 6 days 21 hours ago) and read 2260 times:
I'm just wondering about which countries still have secret accounts and also those known as "Fiscal Paradise" [eg. Cayman Islands, Luxembourg, Gibraltar, etc.]. Somebody ask me about them and I'm not sure about them, since Switzertland is not keeping any secret accounts anymore [correct me pls if I'm wrong].
Sabena332 From , joined Dec 1969, posts, RR:
Reply 1, posted (10 years 4 months 3 weeks 6 days 20 hours ago) and read 2255 times:
Once I heard that the Seychelles give you complete immunity when you pay them 100.000 USD (can anyone confirm that?).
So when you can kill someone in Germany and take the Condor flight to Mahe to pay the government of the Seychelles a nice amount of money to enjoy the rest of your life on this small archipelago, then I can imagine won't these guys have the slightest problem with giving you an anonymous bank account (for far less than for the aforementioned 100.000 USD).
By the way, how is the situation on Bermuda? It is also labeled as a "Fiscal Paradise" so I can imagine that the banks there are also offering anonymous bank accounts (I really don't know since I only withdrew money from banks when I was on Bermuda ).
you might try Liechtenstein (top discreet place) or Jersey or Guernsey or Monaco. However, just as Switzerland, all of them, while still HAVING such accounts, are under heavy pressure to stop illegal funds out of crime. Police btw. in principle ALWAYS did have access to a lot of information which otherwise was hidden. A primary point however is the legal side. Certain "tax-evading techniques" which in Germany are legally a crime in Switzerland are completely legal. Things which can land you in jail in Nice and Savona are OK in Monaco. But you have to ask a lawyer about the details, as the matter is extremely tricky.
LTBEWR From United States of America, joined Jan 2004, 13859 posts, RR: 17
Reply 5, posted (10 years 4 months 3 weeks 6 days 19 hours ago) and read 2210 times:
As Switzerland isn't a member of the EU as to critical economic and banking issues, they can still have a 'secret' accounts law. I do agree that Switzerland and other countries are still tax havens for the rich and havens for criminals, especially political leaders from outside those countries.
I do think there should be a serious UN session and committee to try to find a way to end some of the protections of these secret banking havens.
WhiteHatter From , joined Dec 1969, posts, RR:
Reply 7, posted (10 years 4 months 3 weeks 6 days 16 hours ago) and read 2174 times:
The British Virgin Islands must also be a fairly secure and discreet place to hide your money. That's where Branscum hides his cash pile.
The Isle of Man is also another place which does much tax-lite and discreet banking.
The ultimate in secret banking is a deposit box. Secure and nobody can get into it without a key, although obviously no interest. Put your money into gold and let it sit in a bank box and you should get some growth on it.
TACAA320 From , joined Dec 1969, posts, RR:
Reply 9, posted (10 years 4 months 3 weeks 6 days 15 hours ago) and read 2160 times:
Quoting 2H4 (Reply 8):
It's surprisingly inexpensive to maintain a Swiss account. You just need to pay a reasonable annual fee, and maintain a minimum account balance of, in one example, $4500 USD.
Amazing low amount for a bank in Switzerland.
I heard about a lot of "benefits" give by Banks in the Cayman Islands BUT the are not [apparently] "weel appreciated' by the U.S. Government. Same with Panama, they have more than 120 banks there [less than 500 where I live].
TACAA320 From , joined Dec 1969, posts, RR:
Reply 10, posted (10 years 4 months 3 weeks 6 days 15 hours ago) and read 2157 times:
Two years ago, Credit Suisse decided it needed to beef up its private banking business. But it chose to look outside of Zurich, the traditional hub for servicing Europe's barons and billionaires. Instead, the bank doubled the size of its Singapore private banking staff. "Singapore is one of the growth markets in private banking," says Martin Somogyi, a Credit Suisse spokesman. And Switzerland itself, it seems, is not. Indeed, Singapore is now Credit Suisse's largest private banking center outside Switzerland.
Credit Suisse is not alone. These are hard times for almost all Swiss bankers, at least in their home country. Industry observers say the Swiss market is saturated with too many banks chasing too few Swiss francs. Worse, banks in Switzerland, a holdout that never joined the European Union, are facing constant demands for more disclosure concerning their non-Swiss clients and for heightened cooperation in making sure European account holders pay taxes on some of their Swiss earnings. The Swiss government and the EU are working out the last details of a new agreement that will require banks to withhold tax payments on offshore interest income and send them to clients' home tax authorities....."