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Combining Investments, Industry News and a Swiss Perspective

Resources about Offshore Banking

Why do People use Offshore Bank Accounts? Thumbnail

Why do People use Offshore Bank Accounts?

In a globalized world, financial landscapes have evolved, and the utilization of offshore bank accounts has become an intriguing phenomenon. These accounts, tucked away in distant jurisdictions, have gained both intrigue and controversy due to their association with privacy, international investments, and legal strategies. In this blog post, we will delve into the intricacies of offshore banking, popular destinations like Switzerland, and the reasons why individuals, particularly Americans, choose to open offshore bank accounts.

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Swiss Bank Accounts: The Reasons Americans Should Have One Thumbnail

Swiss Bank Accounts: The Reasons Americans Should Have One

Opening a Swiss bank account can aid Americans in their search to build and preserve their wealth from the devaluation of the USD and other risks posed to it by the U.S. environment. In this short video presentation, Jamie Vrijhof-Droese, explains the blaring reason Americans should have an offshore investment account in Switzerland. She discusses the devaluation of the USD and the benefits an offshore Swiss investment account can offer Americans. She also discusses how WHVP has been helping guild Americans to diversify their portfolios outside of the USD and the U.S. economy for over three decades.

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The Role of Currency Risk in Internationally Diversifying Your Portfolio Thumbnail

The Role of Currency Risk in Internationally Diversifying Your Portfolio

True diversification is something that does take time and effort to achieve. Understanding the various implication of holding various stocks, bonds, alternative investments, and currencies takes time and due diligence to grasp fully. In line with helping you learn about true diversification, we wanted to write a blog on Currency risk and what it means for your portfolio. The blog will cover the definition of currency risk and talk about the opportunity it can present investors and the cautions they should be aware of when holding foreign currencies.

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Leveraging Swiss Banking for Privacy, Diversification, and Asset Protection Thumbnail

Leveraging Swiss Banking for Privacy, Diversification, and Asset Protection

This presentation from Jamie and Urs Vrijhof-Droese was given to an audience at Freedom Fest in Memphis. It covers how Americans can utilize the Swiss banking system, financial services, and registered investment advisors to bring stability to their existing or new investment portfolios. This dynamic presentation will allow the view to learn about the Swiss economic environment, what working with a Swiss asset manager is like, and the historical performance of the CHF to USD valuation. Urs Finished the presentation off with his take on what the markets will look like in the second half of 2023 and the long-term opportunities it can present.

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Cook Islands Trusts For Asset Protection Thumbnail

Cook Islands Trusts For Asset Protection

On this podcast episode, the WHVP team sits down with Blake Harris of Blake Harris Law to discuss Cook Islands Trusts, asset protection, and privacy for Americans. In addition, the podcast will quickly cover the tax reference up for a national vote in Switzerland on how the country will allocate the extra revenue the country will receive from taxing corporations with the newish OECD global corporate minimum tax. We hope you enjoy it!

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Crossing the Atlantic to Financial Freedom: Swiss Banking for Americans Thumbnail

Crossing the Atlantic to Financial Freedom: Swiss Banking for Americans

In an ever-evolving global economy, defined by an ever-increasing debt ceiling, skyrocketing inflation, geopolitical tensions, and deep-seated political division, the quest for financial security has taken on a new level of urgency. As the foundations of the U.S. financial system quivers under the weight of uncertainty, astute investors are turning their attention to offshore banking for a shield against potential storms.

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What You Need to Know About Swiss Banks with Jamie Vrijhof-Droese and Blake Harris  Thumbnail

What You Need to Know About Swiss Banks with Jamie Vrijhof-Droese and Blake Harris

WHVP's CEO Jamie Vrijhof-Droese sits down with renowned Asset Protection Attorney Blake Harris to discuss what Americans need to know about Swiss Banks and how they can access them through a Swiss independent asset manager. The interview is one that can help Americans start their due diligence in wading into the water of international diversification and capital preservation.

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U.S. Tax Implications of Swiss Banking Thumbnail

U.S. Tax Implications of Swiss Banking

Since tax season is now upon us, it is important for Americans working with or looking to work with Swiss-registered investment advisors to know the tax considerations for their offshore accounts. A Swiss investment account is a popular choice for individuals looking to diversify their portfolios and protect their assets. Still, American citizens need to be aware of the U.S. tax implications. Swiss banks are required to report certain information about American citizens holding accounts in Switzerland to the IRS annually. Additionally, American citizens must report the existence of their Swiss bank accounts on their U.S. tax returns to avoid significant penalties and fines. This blog will help educate you on what you need to know.

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Podcast: Proposed Beneficial Owner Registry in Switzerland with Jessica Schaedler Thumbnail

Podcast: Proposed Beneficial Owner Registry in Switzerland with Jessica Schaedler

On this episode of the podcast, the WHVP team sits down with special guest Jessica Schaedler, Leading Trust Advisor at Capital Trustees AG, to discuss the proposed bill to the Swiss government on creating a beneficial owner registry. The podcast will cover what changes have been proposed to the government, what may come from such a change and the opinion on how the Swiss population may react to such a bill. This podcast is a must-listen for anyone seeking a better understanding of the potential impact on the financial industry and individuals with Swiss bank accounts. We hope you enjoy it!

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The History and Evolution of Offshore Banking Regulations for Americans Thumbnail

The History and Evolution of Offshore Banking Regulations for Americans

In this blog post, we'll explore the earliest offshore banking regulations from the 1930s to recent developments like the Foreign Account Tax Compliance Act (FATCA) and new rules for anti-money laundering and sanctions against certain countries. Join us on a journey through history and discover the changing landscape of offshore banking regulations for Americans.

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The Laws and Regulations of Investing Offshore as an American Thumbnail

The Laws and Regulations of Investing Offshore as an American

Understanding the legal and regulatory environment surrounding offshore investing, including the reporting requirements and potential benefits, is essential. This week's blog is a summary guide to help Americans understand the legal framework and reporting requirements of offshore investment accounts. It will also discuss the main reasons to invest offshore as an American. Investing offshore can be a valuable part of a diversified investment strategy when building a portfolio fit for the global economic environment. It is our goal to inform you of all the considerations you need to consider when moving outside your domestic markets when establishing an offshore investment account.

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True Portfolio Diversification for Americans  Thumbnail

True Portfolio Diversification for Americans

Diversification is a topic that often comes up when investing. However, for Americans attaining true portfolio diversification can take time and effort. However, some good options are available to Americans when looking to invest outside of the U.S. investment market, dollar, and economy. This blog will cover the challenges Americans face in building a truly diversified portfolio and what they can do to overcome them.

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Moving Offshore: A Strategic Decision For Americans Thumbnail

Moving Offshore: A Strategic Decision For Americans

Thinking about moving investments offshore is a big decision. It takes time and effort to conduct the due diligence needed to find the right partner and set up an offshore investment account. However, the strategic move can offer many positive qualities to an investment portfolio. So, is it worth making a move for the opportunities, risk mitigation, time, and effort to gain the benefits of capital preservation, risk mitigation, asset protection, and true diversification?

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Establishing A Swiss Investment Account For Americans Thumbnail

Establishing A Swiss Investment Account For Americans

It is crucial to understand how things work for any administrative process, especially when it comes to setting up an offshore investment account as an American. This blog will cover the due diligence needed to find the right Swiss independent asset manager for your situation. It will also cover the documents required to start the process and the paperwork that can be expected when establishing a private offshore investment account.

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Offshore Investing: What Americans Need To Report  Thumbnail

Offshore Investing: What Americans Need To Report

It is crucial for our clients to understand U.S. reporting and tax requirements in regard to an offshore bank account. While having a bank account overseas is absolutely legal, it is important to set the structure up in a compliant way and to report it properly. Our blog will cover the reporting requirements that apply to Americans with investment accounts held in offshore accounts.

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Private Banking Paradise: Switzerland or Liechtenstein?  Thumbnail

Private Banking Paradise: Switzerland or Liechtenstein?

One of the questions we get asked by prospective clients seeking offshore investment diversification through us as an independent asset management firm is: "How do you determine which custodian banks to work with?" The answer to this question is quite complex, so we will use this blog to give insight into how we determine where to begin our search for top-level private banks. We will briefly cover why we find Switzerland and Liechtenstein to be premiere economic environments for finding the right custodian bank for our clients.

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Investing During Grim Economic Times Thumbnail

Investing During Grim Economic Times

With a recession looming over the U.S. economy and high market volatility, investors can be left scratching their heads on how to proceed with their investment activities. Moreover, once the recession does hit the U.S., more fear could seize the markets. Therefore, it is crucial to understand what can be done when planning to invest during a recession. The blog post will cover how U.S. Investors can act in times of economic turmoil and find the right partners to help them find the right opportunities and manage their emotions.

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Understanding the S&P 500 as a Benchmark for an Offshore Portfolio Thumbnail

Understanding the S&P 500 as a Benchmark for an Offshore Portfolio

Since the S&P 500 represents a large portion of the value of the U.S. equity market, it may be worth understanding for Americans with offshore investments. The index's performance gives a good representation of the state of the U.S. market, but it does not fully represent it. Further, it does not represent the other markets around the world. Therefore, we will also endeavor with this blog to describe how Americans can utilize Swiss investment advisors to diversify out of the U.S. market.

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Setting Financial and Investment Goals Thumbnail

Setting Financial and Investment Goals

Taking the time to put down your financial and investment goals may seem easy, but it is vital to have a guild to start this process. Doing your due diligence will allow you to ensure you begin the road to achieving your goals in the right direction. So let's get back to the basics of financial and investment goals and, more importantly, an investment strategy to set yourself up for success.

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Financial Market Basics Thumbnail

Financial Market Basics

This article is designed to help you understand the basics of investing by breaking down the four types of financial markets. It will allow you to learn about the basics and start your journey to increasing your financial competency. Expanding your knowledge of the various markets where investors can build investment portfolios is vital.

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