I help you to open the best bank account with the safest Swiss bank. In case you have problems assembling the correct documents, I will help you. If somebody can’t travel to Switzerland, I will negotiate a solution with the bank. If you have problems obtaining a visa for Switzerland, I will issue an Invitation Letter to file with immigration. Let me negotiate with the competent Swiss immigration authorities if you have an exotic passport causing immigration issues.
How I gave the inheritance of a Swiss bank account to a lady living in Bagdad, Iraq
I solved a case of inheritance involving a very old lady. She was living in Bagdad, Iraq. It was impossible for the lady to travel to Switzerland. She was too old. We agreed with the Swiss bank to delegate the identification procedure to a general of the US Army. The general made a very good job acting as a notary public. He identified the lady. The bank did a good job accepting the certification done by the general.
You see, there is always a solution. Sometimes, you need to come up with creative and inventive solutions. If the Swiss bank account has been opened many years ago there is a risk that the funds are not tax-compliant that means black money. The old generation of clients had a mentality based on strict secrecy. They didn’t trust their own government. They grow up during WWII. They made the money after WWII.
Old clients, particularly those who are not supported by professional advisers, are not aware of the consequences of the Automatic Exchange of Information and the Common Reporting Standard. They still believe Swiss banking secrecy is still applicable as it was before. As we know, Swiss banking secrecy still exists today for the protection of privacy but not anymore for protecting tax evasion.
If you inherited an offshore bank account in the name of an offshore company, for example, a British Virgin Island company, you have to find out if the funds have been taxed. To get out of the black money trap, all heirs must be united and act coordinated. All heirs should legalize the funds with the tax agency at the place of residence of the heirs. Tax compliance is imperative.