Offshore Account

Open an offshore account is now very simple, rapid, and advantageous for several reasons. An offshore account makes it possible to take advantage of bank secrecy, to generate additional income, or to circumvent a ban on banking.

Create an offshore account, then open a contract with a bank located in another country than that of residence. The term "offshore" is used, however, in relation to countries that practice a particularly low taxes, and ensure confidentiality and secrecy. We can open an offshore account in Switzerland, Panama, Seychelles, French Polynesia and Wallis and Futuna.

With an offshore account, the identity of the holder and all of its financial transactions are protected by bank secrecy. Full anonymity is not possible in general, except in uncooperative tax havens or judicial paradise: If order for justice in the country, identity and financial activities of the customer will be unveiled in Switzerland as in other banking havens. A numbered offshore account simply allows to further restrict the circle of people who know the identity of the holder, but not an absolute barrier.

An offshore account increases the return on investment when it has a tax treaty with the country of residence of the owner. In this case, the tax rate can be significantly reduced, and sometimes zero. In addition, offshore accounts used as current accounts can be useful to those who are stuck in the Banque de France since the ban bank does not borders.