iBankCoin
Joined Nov 11, 2007
31,929 Blog Posts

Report: World’s Rich Hide at Least $21T Offshore

“(CBS News) With about 55,000 inhabitants, the Cayman Islands should not be a well-known name in the rest of the world, but the tiny Caribbean territory has become famous as a tax haven for the world’s super rich. According to a new report, the Caymans – along with the other dozen or so international havens for wealth like Switzerland and Bermuda – are the holders of so much of the world’s capital, entire regional economies could be moved on it.”

Full article

If you enjoy the content at iBankCoin, please follow us on Twitter