Business News of Thursday, 3 October 2024
Source: https://www.visualcapitalist.com/
Which Countries Are Stashing the Most Wealth Offshore?
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Individuals and corporations send money abroad for various reasons, including seeking better investment opportunities, minimising tax burdens, and protecting their wealth in low-tax or no-tax jurisdictions.
This graphic shows the top 10 countries that owned the most offshore financial wealth in 2022, according to data from the Atlas of the Offshore World.