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Dissatisfied with the service from your local bank?
Many expatriates are unhappy with their local bank. Service standards may be different to those at home, with a noticeable cultural divide. It can be difficult to keep track of your investments. Above all, there is often a communication problem, since most people want to talk about personal financial matters in their mother tongue. If you can’t communicate effectively with your bank, it is likely that you are not making the best use of your savings. This could cost you a lot of money - for example, if your bank is paying a low rate of interest on your account. We are confident that you will find banking in Switzerland through us is an altogether different experience.
Tax considerations
As an expatriate, you may well have more complex financial affairs. We can help you make the most of your legal and tax situation. For example, many foreign nationals resident in the UK can benefit from laws which allow them to earn tax-free interest in an offshore (eg Swiss) bank account if certain conditions are met, while permanent residents can take measures to reduce UK Inheritance Tax liability. |
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