Where the Wealthy Park Their Money

What We’re Showing

The top ten countries hosting the most offshore financial wealth in 2022, according to data from the Atlas of the Offshore World.

What Is a Tax Haven?

• A tax haven offers foreign businesses and individuals minimal or no tax liability. They also have politically and economically stable environments. 
• Entities may legally use tax havens to stash money earned abroad while avoiding higher taxes in the U.S. and other nations.
• For this kind of operation, companies often establish a shell corporation, which is a corporation without active business operations or significant assets in the country they are located. 

Key Takeaways 

• Hong Kong tops the list with over $2.8 trillion. 
• Hong Kong boasts a robust banking infrastructure, and a business-friendly environment. Additionally, its Offshore Profit Tax Claim allows offshore owners to pay 0% tax on offshore income.