The 10 Biggest Tax Havens in the World to Stash Your Money

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No. 5 Singapore

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Singapore is an island located in the southeast of Asia. It is considered one of the largest tax havens in the world, with a secrecy score of 70 points, and a Financial Secrecy Index value of 1,216.8. It is growing very fast, and is primed to overtake Switzerland as the world’s largest offshore wealth center by 2020. Opening bank accounts in Singapore is available for almost anyone, and the country accounts for more than 4.3% of the global market for offshore financial services.

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