The other day a friend was asking me which European country I would recommend him to immigrate to. Without the slightest hesitation, I told him to go settle in the Swiss Confederation (Confoederatio Helvetica). To my surprise, he followed through by asking me which canton or region I had in mind, given that he spoke … Continue reading Which is the best canton to live in Switzerland?
The Banking Act of 1934 made Swiss banking secret unique by rendering any persons betraying it criminals. In short, it put Swiss bankers in the same category with doctors and lawyers who are all bound by law to keep their clients' secrets… well, secret. I could tell you all about the minimum $100,000 bank deposits. … Continue reading Swiss banking secret and taxation