Americans Prefer These 10 Countries for Secondary Bank Accounts
A recent study by CasinoBankingMethods.com analyzed Google search data to determine the top destinations Americans are interested in opening secondary bank accounts. The analysis focused on U.S.-based queries similar to “Open bank account in ,” “How to open a bank account in ,” and “Fees of opening a bank account in .” Key metrics like the financial secrecy index and economic stability were added to the equation.
The Cook Islands lead the ranking as the top destination where Americans open their secondary bank accounts with a search count of more than 3.5K. This high interest is primarily driven by the high level of financial secrecy here, making it a private and secure destination for finances.
The United Arab Emirates ranks 2nd top destination for secondary bank accounts, with 2.8K searches by Americans interested in opening accounts here. The search volume is driven by the highest financial secrecy index on the list.
Switzerland holds the 3rd spot, with 2730 searches. What makes Switzerland a primary choice for Americans is its strong financial reputation, coupled with the high financial secrecy index.
Canada comes in 4th with 2.5K searches, showing a significant interest among Americans. This interest is largely attributed to Canada’s close geographical proximity to the U.S.. Additionally, having the world’s 3rd stablest economy makes Canada a more appealing choice.
Ranking 5th, Mexico has 2.49K searches from Americans searching for secondary banking options. Mexico’s appeal is based on its close economic ties with the U.S. and ease of access for Americans, even though the financial secrecy index and economic stability are low.
India stands at the 6th position, with 2.41K searches from Americans interested in secondary banking options. India is an attractive destination for Americans, offering moderate financial privacy and diversity.
The Philippines ranks 7th with 1.57K searches by Americans. This interest is driven by the country’s expanding economy and a notable level of financial secrecy, making it an attractive option for Americans considering international banking alternatives.
A little behind, Singapore attracts 1.54K American searches about secondary bank accounts, ranking it 8th on the list. Americans’ interest is mainly driven by Singapore’s well-known economic stability and competitive financial services.
Liechtenstein claims the 9th spot on the list of top destinations for Americans’ secondary bank accounts, with 910 searches. Americans’ attention is drawn by Liechtenstein’s second-highest financial secrecy index on the list, offering discretion in financial affairs.
Completing the top 10, Australia showcases its appeal as a secondary banking destination with 880 searches. It’s an attractive option for Americans driven by Australia’s financial privacy and stable economy (7th in the world). Its high quality of life and cultural similarities with the United States make the destination even more attractive.