Tag: offshore wealth

  • The Mobility of Wealth: From Tax Havens to Real Estate

    The Mobility of Wealth: From Tax Havens to Real Estate

    One of the enduring strategies for concealing wealth has been the quiet transfer of financial assets to offshore destinations. Today, it is estimated that US$12 trillion of global financial wealth is held in tax havens—equivalent to around 12% of global GDP. This practice is not spread evenly across society; it is sharply concentrated at the…