Switzerland’s neutral politics, strong economy, and reliable legal system have attracted a significant number of high-net-worth Americans looking to diversify their investments. In recent months, Swiss banks have witnessed a notable increase in business from affluent US clients seeking to open investment accounts. This trend is often referred to as “de-Americanization,” where wealthy individuals are shifting their portfolios away from the US market.
Once associated with illicit tax evasion, opening a Swiss bank account has become highly regulated and transparent. Today, Swiss banks require clients to complete tax forms and adhere to strict reporting requirements. Despite this, the country’s stable economy, currency, and secure financial system continue to draw investors.
This trend is driven by growing concerns among high-net-worth Americans about the potential risks associated with US investments, such as inflation, market volatility, and increased scrutiny from regulatory bodies. As a result, many are seeking alternative investment options that offer greater security and stability.
Source: https://www.cnbc.com/2025/04/18/rich-americans-opening-swiss-bank-accounts.html