Tag: tax haven
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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…
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The U.S. is Now the Top Tax Haven in History
For years, Switzerland, the Cayman Islands, and Panama have been synonymous with offshore tax havens, attracting the world’s elite and corporations looking to protect their wealth. However, in a surprising turn of events, the United States has emerged as the most powerful tax haven in history. While U.S. lawmakers have spent decades criticizing foreign jurisdictions…
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Why America is the Best Tax Haven for Non-Residents Investing Offshore
When thinking of tax havens, traditional offshore jurisdictions like the Cayman Islands, Switzerland, or Singapore might come to mind. However, the United States, often regarded as a global economic powerhouse with stringent tax regulations, has quietly emerged as one of the most advantageous tax havens for non-resident investors. Surprisingly, America offers some of the most…
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Comparing Europe’s Top Tax Havens for Offshore Investors
For offshore investors seeking tax efficiency and financial privacy, Europe offers a range of attractive jurisdictions. Each tax haven has unique advantages, from corporate tax rates to privacy laws, so understanding the strengths of each can be crucial to building an effective offshore strategy. Here, we explore the top European tax havens and compare their…
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Trust the USA: A Leading Tax Haven and Top States for Offshore Investors
In the landscape of offshore finance, the United States emerges as a prominent player, offering a blend of favorable tax regulations, legal protections, and financial privacy. While traditional tax havens often conjure images of tropical paradises and exotic locales, several states within the USA provide a compelling alternative for investors seeking tax efficiency and asset…
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Is USA a Tax Haven for Foreign Investors?
The United States is generally not considered a tax haven for foreign investors, as it has a relatively high tax rate compared to many other countries. However, there are certain aspects of the US tax system that may make it attractive to some foreign investors. For example, the US does not tax interest and certain…
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Tax havens hidden in plain sight
Many of the world’s most secretive tax havens, ranging from Anguilla to Uruguay, are set to open their books to foreign tax by 2017. A year later, dozens more, including Belize, Hong Kong and Singapore, are set to follow suit. Among them is Switzerland, abandoning a tradition of secrecy that dates back at least as…
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U.S. offshore banking industry strikes back at FATCA IGAs
Diego S., a wealthy Latin American media executive, travels frequently on business between his home city in South America and New York City. He usually prefers to take a flight with a Miami stopover rather than one of the two daily NYC bound non-stops. The Miami stop is not about visiting relatives or even shopping,…
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Dubai IFC & UAE Offshore Tax Haven
Dubai is without a doubt the most exciting International Finance Centre in the world and although a relative start-up as an offshore tax havens, it’s rapidly become the most dynamic banking and financial hub of the United Arab Emirates (UAE). Dubai has now grown big enough in the global banking scene to earn it’s own…