Samoa Island is located on the continent of Oceania in the South Pacific. Out of 190 countries evaluated for doing business in 2019, Samoa ranks 90th on the list of feasible jurisdictions according to the Doing Business index prepared by the World Bank. This country maintains political stability and a healthy economy. The official language is English.

With a weighting of 75 out of 100 in terms of the degree of secrecy and confidentiality as a jurisdiction for the creation of offshore companies, this tiny country reaches 0.002% of the world's population, being a small player in the middle of large global markets.

The island of Samoa is not party to information exchange agreements.

Foster Swiss is the chosen financial consultancy for excellence worldwide. We realize how difficult and time-consuming it can be to open a bank account in a foreign country. Foster Swiss experts will take over the entire process, always offering you the best personal banking solutions that best suit your needs.

Consult with your advisor for more information about the banking services offered on the Island of Samoa.

BANKING SERVICES OFFERED IN SAMOA

The banking services offered in Samoa Island are:

o Accounts in various currencies.
o Online banking service.
o Commercial currency market.
o Stock market.
o Interest income on savings accounts.

The national and international banking entities available in the Samoa Islands are:

o Financial Institution ANZ Samoa.
o Central Bank of Samoa.
o National Bank of Samoa.
o National Bank of Samoa Limited.
As an offshore financial jurisdiction, Samoa Island is administered by the Samoa International Finance Authority (SIFA) and the laws that regulate offshore associations are
o International Companies Law.
o International Trust Law.
o Offshore Banking Law.
o International Insurance Law.

For more information on this subject or any requirement related to our services, you can contact directly through info@fosterswiss.com.

Consult with a financial advisor for more information.