Banking in Singapore vs. Switzerland

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Singapore vs. Switzerland Which one is better for you?

If you’re a high-net-worth individual looking to lower your taxes while living in a beautiful European country, Switzerland may be a great option for you.

Some may see Switzerland as a bit boring and past its prime as the world’s go-to economic haven, but it is striving to establish itself as a leader in cryptocurrency with pro-crypto policies, maintaining its reputation as a low tax country that protects intellectual property rights, all while still offering top-notch banking services — though not in the spy movie ways of old. It is one of the least corrupt countries in the world, and that is saying something.

Singapore is touted as not only one of the richest countries in the world but also one of the safest and most peaceful. And this year, it ranked 1st in the 2021 Index of Economic Freedom, making it the freest economy in the world.

How does a country reach such a status? By providing low taxes, having good management, and giving people what they want.

And what do people want?

They want to make smart investments and get returns on those investments.

In this video, Andrew compares Switzerland and Singapore and tells you what's best for you.

00:00 Start
1:00 The Best Banks
1:48 The Best Banks in Switzerland
2:11 Banking in Switzerland
4:20 Banking in Singapore vs. Switzerland
5:44 Minimum Deposit
6:16 How to Invest as a Foreigner
7:24 Banks with the Best Services

Andrew Henderson and the Nomad Capitalist team are the world's most sought-after experts on legal offshore tax strategies, investment immigration, and global citizenship. We work exclusively with seven- and eight-figure entrepreneurs and investors who want to "go where they're treated best".

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Andrew has started offshore companies, opened dozens of offshore bank accounts, obtained multiple second passports, and purchased real estate on four continents. He has spent the last 12 years studying and personally implementing the Nomad Capitalist lifestyle.

Our growing team of researchers, strategies, and implementers add to our ever-growing knowledge base of the best options available. In addition, we've spent years studying the behavior of hundreds of clients in order to help people get the results they want faster and with less effort.

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DISCLAIMER: The information in this video should not be considered tax, financial, investment, or any kind of professional advice. Only a professional diagnosis of your specific situation can determine which strategies are appropriate for your needs. Nomad Capitalist can and does not provide advice unless/until engaged by you.