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Austrian Money Secrets shows you how to use an Austrian bank account as a starting point for access to investment opportunities not only in Austria but throughout the world. You'll also learn what it's like to live in Austria and how you can qualify for residency.

Title: Austrian Money Secrets
Author: Mark Nestmann
Edition: 2007
Pages:  181

Austria is one of the world’s best kept financial secrets.  The privacy of banking is protected by Austrian law and the country offers access from the euro-zone to the rapidly growing economies of Eastern Europe.

Austrian Money Secrets shows you how to use an Austrian bank account as a starting point for access to investment opportunities not only in Austria but throughout the world. You'll also learn what it's like to live in Austria and how you can qualify for residency.

In this book you will find out:

That minimums for opening an Austrian bank account are among the lowest in the world; most non-Austrian investments made by non-residents through an Austrian bank do not attract Austrian taxes.  Austrian banks are safe, with strict internal controls, and investments are covered by a deposit guarantee scheme.
 You can't use your Austrian bank account for criminal purposes, but in all other situations, strict Austrian secrecy laws, with the same legal status as the Austrian Constitution, ensure that no information about your account is released without your authorization. You can use an Austrian bank account to purchase any stock, bond or mutual fund, almost anywhere in the world and in addition Austrian Banks offer outstanding private banking services, including portfolio management. Accounts can be set up in any freely traded currency.

Mark Nestmann will also introduce you to the other significant advantages of Austrian bank accounts:

The asset protection advantage. In Austrian courts, the loser must pay the winner's legal bills, courts can't award punitive damages in civil disputes and all relevant documents must be translated into German by an official translator. And, there is no automatic recognition or enforcement of U.S. civil judgments.

The euro advantage. Austria uses the euro as its official currency, giving it unrivaled access to the markets of the other members of the euro block, Combine this with first-class Austrian banking services and you'll find unparalleled access to markets throughout the EU and Central and Eastern Europe.

The neutrality advantage. Austria's constitution guarantees permanent neutrality in international disputes. This makes Austria an unlikely target for terrorism and possible disruption of its financial markets.

The residential and citizenship advantage. Austria welcomes qualified long-term immigrants. It's possible to even obtain instant Austrian citizenship by making a substantial investment in an Austrian business venture, or creating your own. An Austrian passport not only permits you to live or work in any EU countries without a visa, but also allows visa-free travel to more countries than almost any other travel document. It also permits you to visit countries that you can't visit (at least not officially) with a U.S. passport (such as Cuba).

About the Author
     
Mark Nestmann is the author of many books and reports focusing on wealth preservation and privacy, and a frequent seminar speaker on these topics.  He serves as president of The Nestmann Group, Ltd., a wealth preservation consultancy and as Tax and Asset Protection Editor for The Sovereign Society.

Nestmann is an Associate Member of the American Bar Association (member of subcommittee on Foreign Activities of U.S. Taxpayers, Committee on Taxation) and member of the Society of Professional Journalists.  In 2005, he was awarded the master of laws (LL.M) degree in international tax law at the Vienna University of Economics and Business Administration in Vienna, Austria.  He divides his time between his offices in Phoenix, AZ (USA) and Vienna.