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10 Most Popular Financial Centres Where Super-Rich People Keep Money

1.The British Virgin Islands.

The British Virgin Islands is part of a volcanic archipelago in the Caribbean. The British overseas territory topped the 2021 list of tax havens facilitating corporate tax abuse.

2.Cayman Islands.

It is another popular tax haven favoured by the world's super-wealthy, In 2020, it jumped from third to first in the Tax Justice Network’s Financial Secrecy Index 2020 after increasing the volume of financial activity from non-residents by 21%.

3.Bermuda Bermuda.

Is a British overseas territory located north of the Atlantic Ocean and west of the Sargasso Sea.Between 2018 and 2019, the volume of financial activity in the territory reduced by over 16.6 trillion (19%) after multinationals shifted to the UAE.

4.The Netherlands

The netherlands is one of the conduits where individuals and multinationals keep and shift their billions. Others are:

5.Switzerland

6. Luxembourg

7. Hong Kong

8. Jersey

9. Singapore

10. The United arab emirates.

The United Arab Emirates (UAE) entered into the top ten list after attracting KSh 24.1 trillion in foreign direct investment from the Netherlands.

Content created and supplied by: Geffongoz (via Opera News )

Atlantic Ocean British British Virgin Islands Caribbean Tax Justice Network

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