Latest News for: Caribbean tax haven


Where in the World Can You Live Tax Free?

Hastings Tribune 30 Nov 2022
Some tax havens, and Caribbean island nations, in particular, will basically "sell" you long-term residency in return for investments in property or local businesses ... Other Caribbean islands, such as the Cayman Islands and St Kitts and Nevis, also have a no-income-tax model.

Diamantaire Jatin Mehta, family cornered by UK court

Hindustan Times 22 Nov 2022
London ... Mehta, his wife Sonia, and sons Vishal and Suraj, face allegations of misappropriating $1 billion obtained by way of bullion loan facilities ... Jatin Mehta was believed to have acquired citizenship of St Kitts and Nevis, in the Caribbean, a tax haven and a country which does not have extradition arrangements with India ... ....

The man who lost £27billion in a week! He's the Bitcoin whizz-kid feted by celebrities ...

The Daily Mail 16 Nov 2022
And it’s certainly one for this particular age, involving as it does the deeply shady world of cryptocurrencies, a woke bunch of bed-hopping, digital whizz-kids holed up in luxury in a Caribbean tax haven, and an endless parade of grasping A-list dupes who fell for their hype. Glamour ... Even FTX wasn’t licensed to operate in either the U.S ... .

Bahamas Police Are Investigating Potential 'Criminal Misconduct' by FTX

Decrypt 13 Nov 2022
The Securities Commission of The Bahamas, where FTX is headquartered, already froze the exchange's assets last Thursday and called for a liquidator. Now the local police force is involved ... Bankman-Fried said at the time that the Caribbean tax haven had more regulatory clarity than the Asian city and was a better spot to do business.

The Art Collection and Tax Affairs of Sotheby’s Billionaire Owner Patrick Drahi Are Detailed in ...

New York Observer 11 Nov 2022
Hacked data reveals Drahi’s alleged attempts at tax-evasion ... With the advice of tax consultants in Luxembourg and Switzerland, the Sotheby’s owner reportedly transferred his works to two shell companies registered in October 2021 in tax haven Saint Vincent and the Grenadines, a Caribbean nation.

Paraguay’s Former President Horacio Cartes Losing Aura of Impunity

InSight Crime 24 Oct 2022
Over $212 million was sent by Tabesa to various accounts in Brazil, $68 million to Mexico, and over $64 million to the Cayman Islands, a well-known tax haven. Others were made to a wide range of countries, including the Bahamas, Dutch Caribbean islands, Finland, Indonesia, Luxembourg, Poland, and Singapore.

Europe put tax havens in the Caribbean – and now punishes them for it | ...

The Guardian 22 Aug 2022
The EU’s tax haven and ‘dirty money’ blacklists discriminate against Caribbean ... Yet tax havens are not a construct of the Caribbean but of Europe.
photo: AP / Kin Cheung
File - Security guards are reflected by a door where placards featuring the portraits of Chinese Communist Party leader Xi Jinping and British Prime Minister David Cameron are displayed by protesters, at the entrance of the regional head office of Panama-based law firm Mossack Fonseca in Hong Kong, Tuesday, April 12, 2016. For Chinese Communist Party leader Xi Jinping, the Panama Papers revelations showing his brother-in-law and relatives of two other members of the party's elite inner circle owned offshore companies, often referred to as tax havens, might be highly damaging.

Europe put tax havens in the Caribbean – and now punishes them for it

The Observer 22 Aug 2022
The Caribbean rarely makes international headlines outside of a royal visit or when a secretive tax haven is disrupted and the financial documents of the famous are leaked. Yet tax havens are not a construct of the Caribbean but of Europe.

Anguilla Residency Program Offers New Tax Haven For Investors

Forbes 12 Aug 2022
... requirements for those who are looking for a tax haven.

Caymans gives Hong Kong tycoons a head start

Reuters 11 Aug 2022
HONG KONG, Aug 11 (Reuters Breakingviews) - A tweak to an archaic takeover rule in the Caribbean will help Thomas Lau to succeed where his sibling did not ... It's a rule open to abuse ... Register ... Almost 60% of primary-listed Hong Kong companies are domiciled in the Caribbean tax haven.Register now for FREE unlimited access to Register.

Anguilla Residence Program Great For Tax Avoidance

Forbes 10 Aug 2022
... requirements for those who are looking for a tax haven.

Tax Agency Vows to Go Hard After Koreans Using Crypto to Evade Levies

Bitcoin 03 Aug 2022
A growing number of Korean people are reportedly seeking to evade taxes by investing in crypto assets after moving their wealth to tax havens like some countries in the Caribbean Basin and Southeast Asia, the official said on Monday ... to avoid taxation, including to tax havens.

Denis O’Brien says Europe must pay reparations for Caribbean slavery

Irish Independent 24 Jul 2022
He described their business models as “amoral”.Mr O’Brien, who is tax-resident in Malta, attacked the tech giants for not paying taxes in the Caribbean.“Don’t forget, Netflix, Apple, Microsoft, Google and Facebook don’t ...

The Caribbean and the global cash stash

Jamaica Observer 03 Jul 2022
Some of these funds have flowed to Caribbean tax havens ... It remains one of the preferred tax havens for residents of the United States and European countries ... However, Investopedia notes that, unlike most Caribbean tax havens, Barbados does have double taxation treaties with a number of other countries, including Canada and the US.

Jamaica eyes IFSC status as the world watches

Jamaica Observer 03 Jul 2022
It is claimed that the Caribbean offers the most popular tax havens or international finance service centres (IFSC’s) in the world, providing benefits such as very low tax liability and financial privacy ... Investopedia lists the top 10 tax havens in the Caribbean, starting out with the Cayman Islands.

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Creative Commons / cidh
President Cristina Fernandez de Kirchner at her second Inauguration day
Creative Commons / Presidency of Argentina.