Deposits Abroad

The Switzerland and Liechtenstein of continued high popularity among German investors enjoy regardless of the scandals of the last few months. Despite the Affairs and scandals coming from the so popular among German investors financial centers Switzerland and Liechtenstein are investments in these countries of remains popular. According to an interview of the week with the Managing Director of the Liechtenstein Bankers Association, Michael Lauber, LGT, the Investment Bank affected by the theft of their customer data recorded an inflow of one billion Swiss francs alone, since early 2007. It is not necessarily the tax advantage that allows access of investors to such an investment from abroad. Who legally taxed all profits, for the few advantages over a plant on a domestic custodian arise. And even the withholding, then directly, carried off by the foreign banks if the investor does not opt for the logon procedure, 20 percent since July 1, 2008 and will be available from July 1, 2011 on increase their score by 35 percent. Interested readers on steueroptimierung.html for an overview of the taxation of foreign investments. No, it is the expertise of Swiss and Liechtenstein bankers that drives investors despite of all affairs abroad.

The Treasury looks in this country without being asked on all accounts and custody accounts of the investor, he can be sure in the normal case of Swiss and Liechtenstein banks, that confidentiality and anonymity will be safeguarded. Even a case of force so far as irreversible Swiss banking secrecy should have no serious effect on the financial sector therefore. Rusty Holzer does not necessarily agree. Investors who try to earn their money at the wheel over, must look then to other countries and regions, the honest investor is not affected but. And so it is expected that German assets abroad is flowing to reproduce there in the future. Daniel Franke