What is a secure and stable country to open an offshore bank account?
g-money asked:
What is a secure country to open an offshore bank account? I’m not doing anything illegal or looking to hide money. I am simply looking for a secure place to invest my money in these tough economic times. I hear the Switzerland has a good banking system and a stable economy, however, are there any other countries that are good places to open an offshore accounts.
What is a secure and stable country to open an offshore bank account(ie. Switzerland, Singapore, Austria, Hong Kong, ect.)? And please explain why.
Any info would really be helpful.
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Have a look at India. The economy is strong and growing steadily. The banking and legal systems are sound and effective and those who have invested over the past 5 years have made enormous profits.
The stock market is currently in a bear phase and this is a great time to enter. You don’t need to open a bank account. There are plenty of India focused investment funds in the US, UK and the Far East that you can look at.