2In favor of opening an account in a foreign bank (both for businessman and for private persons) several key arguments favor. First and foremost, it is a reliable safety of your funds – you will get your money even if the bank goes bankrupt. For many people, it is also important that in this type of capital management there is no exchange control and banking secrecy is strictly enforced. And, in addition, the clients are attracted by the high level of service and range of banking products (including investment).

But in order to choose a suitable country for you, reliable and profitable bank, you will need:

  • either spend a lot of time and effort to independently search for information and communication with the bank employees,
  • or trust or a specialized company that will do all this for you – quickly and at a reasonable price.

FOR WHOM AND FOR WHAT THE ACCOUNT ABROAD WILL BE USEFUL

In order to make an abstract notion of “accounts in foreign banks” more specific, let’s consider some very real situations.

The lovers of comfort relaxation will be pleased to have an account in the Seychelles or the UAE. ATMs here are round every corner, credit card holders enjoy discounts on travel, entertainment, meals and other delights. Here for major payments checks are accepted (including renting or buying a real estate) and interests on deposits are rather decent.

For businessmen it makes sense to think about the account in one of the major banks in Hong Kong or Cyprus. The financial system of these countries is ideally suited for making all sorts of transactions, including the participation of foreign capital. In addition, here the branches of many banks of other countries are represented here, which further expands your opportunities.

Adherents of solidity and a high degree of capital protection will certainly suit banks of Monaco and Switzerland. They are recognized leaders in terms of security of savings and privacy of information. Here the highest international standards of banking service and the most loyal conditions for savers and investors are guaranteed to you.

Note also that in some banks it is possible to open an account “in absentia” and somewhere your personal presence is needed. There are some differences in opening of accounts for legal entities and for natural persons. Banks even of one country may essentially differ in requirements for account balances, transactions thresholds and packages of necessary documents. Therefore, in any case you can not do without professional advice.

ON GUARD OF YOUR FINANCIAL INTERESTS

Consult our company, and you will get a complete package of services for opening account in a foreign bank. Our financial advisers, not hiding anything, will talk about the shortcomings and argue each of the benefits of such a step:

  • there is no control by the National Bank and the tax authority;
  • there is no need for reports on transactions;
  • you do not pay taxes on these funds;
  • rapid drawing-up of the entire set of documents;
  • you can open an account, even with modest assets.

So with our help at little cost you’ll become much more secured and wealthy person.

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5 STARS EUROPE Monaco
Block C/D Le Panorama
57 rue Grimaldi
98000 MC
www.5starseurope.com
info@5starseurope.com
Tel.: +33 1 82 88 38 98
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