If you are thinking about the future, offshore bank accounts can help you increase your wealth with higher yields and new investment products that are not present in your home country.

This could be in safe and secure banks with higher interest rates, investment diversification, tax efficiency, privacy, asset protection and inflation protection.

In order to enjoy all the above mentioned advantages, you should know where to open the offshore bank account and how to invest your money, and you should also know that the requirements of the offshore banks are becoming stricter every day due to the agreements and conventions that the governments of those countries have initiated, in order to avoid the crimes of money laundering and financing of terrorist practices, among others.

To get to the moment of opening the account you will have to go through the paperwork and make the bank see what a good client you are and will be, so that you will not be rejected after so much time invested, that is why you should not take lightly the process of opening an offshore account and the most important thing you should take care of the way your risk profile.

Firstly, you should keep in mind the type of bank where you could open an offshore bank account, depending on the type of bank, tastes, nuances, type of clients you register and the preferences of each bank, so that you have a better chance of being accepted and your application will not be rejected by some and accepted by others.

It is important to know which banks, branches or bankers to approach and to know if you qualify to be a client of that bank, that will be the key to success.
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.

In short, if you want an offshore bank account, know the rules of the game before entering, so you don't waste time and money. Know the peculiarities and requirements to open accounts in each of the offshore banks, understand your compliance, create your risk profile, understand and accept where your vulnerabilities may be. Consult a financial advisor for more information, info@fosterswiss.com