Austria Shutters Banking System for U.S. Residents…but the Door Remains Cracked

I arrived yesterday afternoon, May 18, in Vienna for a series of meetings with Austrian banks, lawyers, and financial advisors. Here, the story is much the same as it is in other offshore financial centers: Americans, stay away!  Since I published my book Austria Money Secrets in 2007, every bank I mentioned in it (with one exception) has imposed significant trading restrictions on U.S. clients.  A bank I’ll call Bank X is typical.  It’s a subsidiary of one of the largest and most successful banks in Switzerland.  Two years ago, Bank X welcomed U.S.

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Austria Shutters Banking System for U.S. Residents…but the Door Remains Cracked

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