I would investigate if Switzerland has any treaties with the US regarding financial reporting.
Also by fact of you being a U.S. citizen, foreign banks may refuse to do business with you (thanks to the collusion between Wall Street and Congress). If that is the case, then I suggest creating a IBC (International Business Corporation) in order to do banking/business through.
Let's not forget the
SWIFT program as well.
Here are some websites whose advice I trust concerning these matters and more:
http://www.sovereignsociety.com/
http://nestmannblog.sovereignsociety.com/
I have other FANTASTIC financial websites if interested. Just request them of me and I shall provide. The websites I provide will transform your thoughts about investing, trading, and money (from the business and profit making perspective). Learning the legal side and legal history of all this only adds icing to the cake.
Interesting side note on Nestmann's blog:
Among other responsibilities,
U.S. citizenship brings about a legal obligation to comply with U.S. tax laws, filing an annual U.S. tax return, and paying U.S. tax on all income, anywhere in the world.
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http://nestmannblog.sovereignsociety...ke-that-f.html
Also from same article:
Why would a wealthy American give up U.S. citizenship? For such Americans, the price of citizenship may require not only millions of dollars annually in tax payments, but also
lost business and investment opportunities from the increasing number of individuals and institutions globally who refuse to do business with U.S. citizens or residents. Laws like the USA PATRIOT Act, the Treasury Department's "qualified intermediary" rules" and the long arm of the Securities and Exchange Commission all contribute to this result.
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http://nestmannblog.sovereignsociety...ke-that-f.html
- 'Nuff said,
netwrkranger