Choosing the country to open the offshore account is undoubtedly an important decision that involves time for evaluating the benefits offered by the offshore jurisdiction and the analysis of the banking and financial market.

There have been cases where the ideal bank is found, but the country does not present the security that is desired when opening an offshore bank account.

Offshore bank accounts are opened for greater security, for a wider range of services that currently exist in most of these developed countries, in short offshore banks tend to be safer and more financially sound.

Foster Swiss accompanies you in the process. If you wish to locate an offshore bank account, contact the financial advisors of Foster Swiss, an international company registered in Switzerland that provides financial and compliance advice on a variety of issues related to company formation and international commercial banking.

Foster Swiss specializes in the implementation of business in different countries, which means that they offer value-added services helping clients in their expansion abroad.

To make the choice of the country you should investigate the answers to basic questions such as: does the country require transactions to be made in local currency or can I make them in the currency I want? This detail has a special influence since it could be costly for the customer due to the conversion issue, which is always expensive, information that should be taken into account by companies that make several transactions a day.

The study of the country implies knowing about the state of its financial market: will the country be in a position to provide financial support to its local banks in the event of a crisis? In other words, will the bank and the government be well capitalized? This is a relevant question since the objective is to safeguard personal and corporate assets.

Other relevant questions are directed to the country's legal security. Will the country have regularization in terms of bailout legislation; is the country considered high risk; will there be any reputational issues associated with banking in the country; do the banks comply with international standards and regulations; is the country's image and security for opening a bank account paramount.

The image and safety of the country for opening a bank account is paramount.

Consult a financial advisor for more information, info@fosterswiss.com