Wealth management and private banking abroad

Diversifying assets in another jurisdiction usually goes through a private bank or an independent manager. These guides present the financial centres and their entry conditions.

How a private bank works

A private bank offers a multi-currency account, securities custody, discretionary or advisory mandates and sometimes portfolio-backed lending. A minimum amount to invest is generally required, and the file includes detailed evidence of the source of wealth.

The relationship relies on a dedicated banker, who assesses your risk profile and goals before recommending any investment.

Compliance and reporting

Banking secrecy no longer applies to foreign tax residents in most centres: accounts are automatically reported to the tax authority of the country of residence. The holder must also declare the account, and income is taxed under the rules of their country.

Wealth management and private banking abroad

How a private bank works

Compliance and reporting

Wealth management: choose the country