Private Banking in Austria - Where Money doesn't talk
by geoblogger
a while ago
Riezlern
Description:
Austria has constitutional support for banking secrecy. Additionally, Austria has local laws about not charging taxes for interest earned on accounts belinging to foreign persons.
The result can be found in a ´valley called "Kleinwalsertal", in particular in the village of Riezlern: Most of Austria's banks offer privacy-enhanced financial products to tourists from Germany. The fun part is their advertising. Enjoy!
Spotted on various occasions in 2005.