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More Rich Americans Are Opening Swiss Bank Accounts Fearing U.S. Risks and Uncertainty

  • Writer: Miguel Virgen, PhD Student in Business
    Miguel Virgen, PhD Student in Business
  • May 1
  • 6 min read

An undercurrent of financial anxiety is sweeping through America’s wealthiest households. In recent years, an increasing number of affluent individuals and families have been quietly transferring significant portions of their assets overseas, with Switzerland emerging as the destination of choice. As political polarization deepens, regulatory scrutiny intensifies, and concerns about the long-term direction of the U.S. economy grow louder, Swiss private banks are experiencing a notable influx of American clients seeking stability, discretion, and security.

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