OFFSHORE BANKING IN SINGAPORE

OFFSHORE BANKING IN SINGAPORE 

Singapore Snapshot:

Singapore is easily one of the best banking jurisdictions in the world for premier and private bank accounts. If you have the right client profile and you can afford to bank here, it’s definitely worth considering.

In short, Singapore banks are fiscally responsible, well-capitalized, and (once you’re in) offer world-class service. And, the same is true for the country. Singapore is one of the best managed countries on earth, which matters when you’re trying to decide where to open offshore accounts and park your savings.

That said, Singapore straddles the line between non-resident and offshore banking. In other words, banks in Singapore typically want to see clients with a local or regional tie. Additionally, prospective clients from many jurisdictions (US, EU, CA, UK) will face restrictions in the banking products and services they can access.

Deposits start at USD 200,000 for premier banking. Clients seeking private banking should plan to deposit between USD 1,000,000 to 3,000,000.

Risk level: Low

Accounts: Premier, Private, Business

Remote opening: Available

Opening difficulty: Difficult

Deposit level: Medium

You Didn’t Build Wealth to Leave It to Chance.

Do you have a backup plan if war broke out, you lose your freedom, calamity strikes, the banks close, our government collapses, the political wind changes, a natural disaster strikes and other uncertainties that are out of our control?

Did you know that there is a growing trend of entrepreneurs and individuals using second citizenship and offshore banking as strategic tools for security, mobility, and long-term wealth planning, moving beyond mere luxury?

The new gold standard of wealth is second citizenship & offshore business banking. Enquire about starting an offshore business, banking, and second citizenship with us today.