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Swiss Bank Accounts and Investment Management: Your Own Completely-legal, Super Safe, Tax-free Offshore Account -- and Not Even the IRS Has to Know
 
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Swiss Bank Accounts and Investment Management: Your Own Completely-legal, Super Safe, Tax-free Offshore Account -- and Not Even the IRS Has to Know (Paperback)

by David Falkayn (Author), SwissInvesting.com (Author)
1.0 out of 5 stars See all reviews (1 customer review)
Price: £11.95 & this item Delivered FREE in the UK with Super Saver Delivery. See details and conditions
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Product details

  • Paperback: 116 pages
  • Publisher: Books for Business (1 Oct 2002)
  • Language English
  • ISBN-10: 0894992031
  • ISBN-13: 978-0894992032
  • Product Dimensions: 21.6 x 14 x 0.7 cm
  • Average Customer Review: 1.0 out of 5 stars See all reviews (1 customer review)
  • Amazon.co.uk Sales Rank: 666,174 in Books (See Bestsellers in Books)

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Product Description

Book Description
This book is written for the serious person of means who wants safety and performance from invested wealth.

No matter where you live or what economic and political hazards your country of residence presents to investment you owe it to yourself to consider Switzerland as the place to put your hard-earned money, especially in the Swiss insurance annuity. In my experience a comparison of the Swiss annuity with more traditional forms of asset protection shows that an annuity can serve the same function as trusts or similar legal devices but produces a far greater return for your money with complete safety and less complexity.

Here we are concerned with personal wealth, its creation, expansion and preservation. In that context it is not understatement to describe the Swiss financial system's unequaled world record as unique in combining investor safety with assured earnings. Thoughtful people who value financial freedom and asset protection know this well. The question is why any serious foreign investor fails to avail himself of the many benefits of the Swiss system. The answer is; the serious investor never fails!

Every person should plan for the important aspects of their financial life. One major area is estate planning which hopefully will insure that at the time of death property passes without incident according to the deceased's wishes. The second area is lifetime financial planning which seeks to build and manage an investable estate to provide assets and income. The third area, the one I will address, is asset protection, an indispensable element without which the other two can be rendered meaningless.

This is one of the first books to discuss the portfolio bond, an insurance product offered by companies in Switzerland, which offers significant asset protection, tax and privacy advantages for American investors.


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6 of 6 people found the following review helpful:
1.0 out of 5 stars An Intro to Swiss-Investing that is not even finished, 25 May 2006
I bought this book and I knew straight away that it was really out of date. But then looked again because although it was published, and its copyright is at 2002, the material had to have been written at 1991-92.
Falkayn still talks about the `new' clinton administration and doesn't talk about the MLAT treaty which Switzerland has signed since this was published.
He doesn't mention any disadvantages or drawbacks to investing in Swiss banking, as opposed to the US, there are only advantages.
He describes the advantages of different Swiss investments such as annuities, bonds, and trusts, but doesn't really describe how to get involved in those investments.

So to round up, this book is really old and out of date. I was left clueless about swiss-investing and all it did was enlarge my appetite for more books on the subject, and made me [wait], for what seemed like hours, untill another book was delivered to me.
If you are going to buy this book I advise you to buy it only as an introduction to Swiss-investing because its not even that.
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