Costa Rica, the Southern-most country in Central-America, has 4 million citizens. Costa Rica, besides having one of the world’s largest areas of protected rainforest, is developing as an offshore financial centre.
Until 1995, Costa Rica’s banking industry was a state business, but since the banks have been privatized, slowly but surely the positive tax climate in […]

Popularity: 31% [?]

Posted on November 28th, 2007 by Banker
Filed under: Offshore Financial Centres, Tax Havens, Offshore Banking News | No Comments »

The IMF, the world’s monitor of the financial industry, has recognized the need to assess Offshore Financial Centres (OFCs) more closely. The main reason is that, according to the IMF, OFCs make up a significant part of global financial flows and because they have ties with other financial centres they can be very influential in […]

Popularity: 26% [?]

Posted on November 19th, 2007 by Banker
Filed under: Offshore Financial Centres, Offshore Investing, Offshore Banking News | No Comments »

Investing beyond the borders of your jurisdiction, which is also referred to as offshore investing, has quite some advantages. We will name a few here, together with some of the disadvantages of investing abroad.
Offshore investing makes up more than half of the world’s financial investments and is therefore quite significant. Offshore investing has the […]

Popularity: 24% [?]

Posted on November 12th, 2007 by Banker
Filed under: Tax Havens, Offshore Investing | No Comments »

Monaco is still among the tax havens that are named “un-cooperative tax havens”. In 2002, Andorra, Liberia, Liechtenstein, the Marshall Islands, Monaco, Nauru and Vanuatu were on the list of un-cooperative tax havens. Most countries managed to get themselves off the list, but Monaco stayed on the list, together with Liechtenstein and Andorra.
Being on […]

Popularity: 100% [?]

Posted on November 1st, 2007 by Banker
Filed under: Tax Havens, Banking Secrecy, Private Banking Analysis, Offshore Banking News | No Comments »