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10 Best Countries for Offshore Banking

Published on April 15, 2016 at 4:26 am by Aleksandar Jevtic in Lists

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8. Luxembourg

Bank Score: 2 FSI Score: 16 Total Score: 18
(FSI Score breakdown: FSI Rank: 6; FSI 816.9)

The Grand Duchy of Luxembourg is a microstate, wedged between Germany, Belgium, and France. It is the largest tax haven in EU. Similar to Switzerland, their success is based on secrecy. Whistleblowers can easily end up in jail in Luxemburg. Growing pressure from Brussels may soon put an end to the most profitable sector of Luxemburg’s economy.

Best Countries for Offshore Banking

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