| Cyprus
- Offshore Banks in Cyprus |
| - Cyprus: this jurisdiction
has grown recently in popularity and anticipates further future growth.
As a jurisdiction Cyprus is in a position to exploit its unusual position
as an offshore jurisdiction which is within the EU. |
|
| Dominica
- Offshore Banks in Dominica |
| - Dominica - Not to be confused
with the Dominican Republic, uses British Common Law, provides corporate
structures and has started to provide offshore banking. |
|
| Ghana
- Offshore Banks in Ghana |
| - Ghana remains one of the
more economically sound countries in all of Africa. Ghana, it seems, is
in cahoots with Barclays bank to set itself up as a tax haven. Ghana is
an oil rich nation. |
|
| Hong
Kong - Offshore Banks in Hong Kong |
| - Hong Kong's tax rates are
low (17%) enough that it can be considered a tax haven. Hong Kong does
not levy tax on capital gain as well. Plus it is the gateway to China for
those playing the China card. |
|
| Isle
of Man - Offshore Banks in Isle of Man |
| - The Isle of Man does not
charge corporation tax, capital gains tax, inheritance tax or wealth tax.
Personal income tax is levied at 10% on the worldwide income of Isle of
Man residents, up to a maximum tax liability of £100,000. Banking
income tax is levied on the profits of Isle of Man based banks at 10%. |
|
| Offshore
Banks in Labuan, Malaysia |
| - Labuan, a Malaysian island
off Borneo. Labuan is best known as an offshore financial centre offering
international financial and business services via Labuan IBFC since 1990 |
|
| Offshore
Banks in Liechtenstein |
| - Liechtenstein has some of
the strongest bank secrecy laws in existence. Since Liechtenstein is one
of the five richest countries in the world in per capita income and personal
wealth, it is unlikely to be swayed away from privacy by promises or threats. |
|
| Offshore
Banks in Luxembourg |
| - Luxembourg is one of the
fastest growing financial centers in the world and has seen a massive influx
of capital in the last decade due to its liberal banking and tax laws.
Although its secrecy laws only date back to the early 1980s, it has maintained
a long tradition of banking confidentiality. Information will only be released
to foreign governments if the depositor has been charged with a crime that
is related to the account that is also a crime in Luxembourg. |
|
| Malta
- Offshore Banks in Malta |
| - Malta - Shareholders of
certain companies pay less than 5% tax |
|
| Macau
- Offshore Banks in Macau |
| - Macau for import- export-geared
textile and garment manufacturing, banking and other financial services. |
|
| Mauritius
- Offshore Banks in Mauritius |
| - Mauritius - L' île
Maurice - Acts as an offshore financial center for rich South Africans
and others in the region. |
|
| Monaco
- Offshore Banks in Monaco |
| - Monaco levies no income
tax on individuals. The absence of a personal income tax in the principality
has attracted to it a considerable number of wealthy "tax refugee" residents
from European countries who derive the majority of their income from activity
outside Monaco |
|
| Panama
- Offshore Banks in Panama |
| - There are more than 120
banks in Panama City, making it a serious player in the international financial
stage. Panama is the banking hub for much of Latin America. |
|
| Offshore
Banks in Saint Kitts and Nevis |
| - Saint Kitts and Nevis |
|
| Offshore
Banks in Switzerland |
| - We have only listed the
banks in Lugano, Switzerland. Switzerland has been economically and politically
stable for centuries, enjoys a low rate of inflation and the Swiss franc
is one of the strongest currencies in the world. It remains the model from
which all other financial centers are compared. Although Switzerland has
succumbed to the pressure of the U.S. government to loosen its strict secrecy
laws, for safe banking it still rates as one of the top havens. |
|
| Offshore
Banks in the Turks & Caicos |
| - Turks and Caicos Islands |
|
| Uruguay
- Offshore Banks in Uruguay |
| While it is
not generally known as such, Uruguay is a tax haven. EscapeArtist.com has
prepared a series of free special reports on Uruguay's investment potential.
If one wants to open an account in Uruguay one should go through a lawyer
from Uruguay. |
