Lead the way Issue 54 April 2023 Estate Living April Edition 2023 | Page 28

develop and invest

International private bank democratises access to offshore financial security

26 I N V E S T M E N T

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Holding money offshore for people living in emerging market economies is an efficient way to ensure that their money is safeguarded – and perhaps even earns a decent interest . But historically it has been only the elite few who could open foreign bank accounts , using either dual citizenship or an exceptional level of wealth that makes this attainable in the likes of Switzerland , Malta and Portugal .