The country, with its population of seven million plus, is the fourth ranked financial center in the world. German, French, and Italian are the official languages in Switzerland. In most places in Switzerland people use German, especially Zurich. In Geneva, French is the primarily spoken language.
The banking system in Switzerland, is of world class one, governed by the strictest bank secrecy laws in the world with 100% confidentiality. There can never be disclosure in cases of tax evasion, currency exchange violations, which are not considered as crimes under Swiss law.
Switzerland is not a member of European Union and probably the people never wanted to give up their currency, which has a 'golden' value in international market.
There is no tax on foreign money and risk free investments in the form of stocks, bonds and options.
There are about 400 banks in Switzerland and the biggest are Credit Suisse and UBS having a network of offices in Switzerland and abroad. A single bank can perform all services like savings and loans, investments, Eurobonds, stock, precious metals and most common, mutual funds. No exchange controls or rules on holding foreign currencies.
The banking system in Switzerland, is of world class one, governed by the strictest bank secrecy laws in the world with 100% confidentiality. There can never be disclosure in cases of tax evasion, currency exchange violations, which are not considered as crimes under Swiss law.
Switzerland is not a member of European Union and probably the people never wanted to give up their currency, which has a 'golden' value in international market.
There is no tax on foreign money and risk free investments in the form of stocks, bonds and options.
There are about 400 banks in Switzerland and the biggest are Credit Suisse and UBS having a network of offices in Switzerland and abroad. A single bank can perform all services like savings and loans, investments, Eurobonds, stock, precious metals and most common, mutual funds. No exchange controls or rules on holding foreign currencies.
