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href="/europe/index.php" data-navbar=392>Europe</a><a class=as href="/asia/index.php" data-navbar=310>Asia</a><a class=af href="/africa/index.php" data-navbar=240>Africa</a><a class=oz href="/oceania/index.php" data-navbar=155>Oceania</a><div class=no-desktop><div class=subtitle>Geography</div><a href="/the-largest-countries.php">Largest countries</a><a href="/highest-mountains.php">Highest mountains</a><a href="/capital-cities.php">Capital cities</a><a href="/megacities.php">Megacities</a><a href="/biggest-airports.php">Biggest airports</a><a href="/timezones/">Timezones</a><div class=subtitle>Population</div><a href="/populationgrowth.php">Population growth</a><a href="/population-density.php">Population density</a><a href="/average-bodyheight.php">Average body heights</a><a href="/life-expectancy.php">Life expectancy</a><a href="/iq-by-country.php">IQ by country</a><a href="/quality-of-life.php">Quality of life</a><a href="/languages/">Languages</a><a 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style="background-position:0px 0px;"></div></header><main id=main><div id=intro1><div id=blurbg style="background-image:url(//cdn.worlddata.info/pics/money/money-laundering.jpg);"></div><div id=intro3><img class=deko src="//cdn.worlddata.info/pics/money/money-laundering.jpg" loading=lazy alt="Money laundering in tax havens" width=320 height=213><div class=floater><img id=vgwort src="https://vg08.met.vgwort.de/na/9bbc634318fd4c549e8f77292e5c1898" data-vgw="9bbc634318fd4c549e8f77292e5c1898" onload="vgwl=1" onerror="vgwl=2" width=3 height=3 alt=vgw loading=eager class=right><h1>The most popular tax havens worldwide</h1> The official lists of tax havens change again and again. In addition, numerous organizations also publish their own lists, which are compiled according to different criteria. The best known of these is certainly the Oxfam list. The European Union, the World Bank, the International Monetary Fund and various other non-governmental organizations also continuously compile a list of these tax havens according to their own criteria.<br><br>Here the most common international lists have been summarized and compared. The result is a list of 75 countries that are referred to as tax havens according to the aforementioned lists.</div><div class=clear></div></div></div><div class="adtg bbd" id="adtg-1" data-gptfrmt="bbd" ><ins id=ags1 class=adsbygoogle data-ad-client="ca-pub-0315193065476355" data-ad-slot="2913722277" data-ad-format="horizontal" data-full-width-responsive="true"></ins></div><div class=boxwhite><h2>What is a tax haven?</h2> A tax haven is a country in which the taxation of foreigners or foreign companies is exploited on advantageous terms to reduce the tax burden in the actual home country.<br><br><img class=mob-img-right src="//cdn.worlddata.info/pics/money/money-laundering.jpg" loading=lazy width=320 height=213 alt="Money laundering in tax havens"> The term "tax haven" is not clearly defined. There is no absolute measure as to when a country is a tax haven or not. Basically, any country can be a tax haven if the conditions are right for a person or company. In some cases, even Germany and the USA are considered tax havens.<br><br>It is not only countries that levy particularly low taxes on certain types of income that are regarded as tax havens. A popular form of tax evasion is, for example, the "parking" of funds in countries to hide them from the local tax authorities. In this context, Switzerland is often cited for its strict banking secrecy.<br><br><div class=tablescroller><table class="std100 hover tabsort sticky"><tr class=no-sort><th class=left>Country</th><th class=right>Oxfam</th><th class=right>FATF</th><th class=right>EU</th><th class=right>IMF</th><th class=right>CBI</th><th class=right>FSI Rank</th><th class=right>Corporate<br>tax</th><th class=right>income tax</th></tr><tr><td><a class="fl_am fl_BHS" href="/america/bahamas/index.php">Bahamas</a></td><td>✔</td><td></td><td>✔</td><td></td><td>✔</td><td>22</td><td data-sort="338">33.8%</td><td data-sort=0>n/a</td></tr><tr><td><a class="fl_am fl_VGB" href="/america/british-virgin-islands/index.php">British Virgin Islands</a> *</td><td>✔</td><td></td><td>✔</td><td>✔</td><td></td><td>9</td><td data-sort=0>n/a</td><td data-sort=0>n/a</td></tr><tr><td><a class="fl_am fl_CYM" href="/america/cayman-islands/index.php">Cayman Islands</a> *</td><td>✔</td><td>✔</td><td></td><td>✔</td><td></td><td>14</td><td data-sort=0>n/a</td><td data-sort=0>n/a</td></tr><tr><td><a class="fl_oz fl_VUT" href="/oceania/vanuatu/index.php">Vanuatu</a></td><td>✔</td><td></td><td>✔</td><td></td><td>✔</td><td>112</td><td data-sort="85">8.5%</td><td data-sort="2">0.2%</td></tr><tr><td><a class="fl_as fl_ARE" href="/asia/arab-emirates/index.php">United Arab Emirates</a></td><td>✔</td><td>✔</td><td></td><td></td><td>✔</td><td>8</td><td data-sort="159">15.9%</td><td data-sort=0>n/a</td></tr><tr><td><a class="fl_am fl_USA" href="/america/usa/index.php">United States</a></td><td></td><td></td><td></td><td></td><td></td><td>1</td><td data-sort="366">36.6%</td><td data-sort="553">55.3%</td></tr><tr><td><a class="fl_eu fl_ALB" href="/europe/albania/index.php">Albania</a></td><td>✔</td><td>✔</td><td></td><td></td><td></td><td>123</td><td data-sort="366">36.6%</td><td data-sort="136">13.6%</td></tr><tr><td><a class="fl_am fl_VIR" href="/america/virgin-islands/index.php">Virgin Islands</a> *</td><td>✔</td><td></td><td>✔</td><td></td><td></td><td>87</td><td data-sort=0>n/a</td><td data-sort=0>n/a</td></tr><tr><td><a class="fl_am fl_AIA" href="/america/anguilla/index.php">Anguilla</a> *</td><td>✔</td><td></td><td>✔</td><td></td><td></td><td>58</td><td data-sort=0>n/a</td><td data-sort=0>n/a</td></tr><tr><td><a class="fl_am fl_ATG" href="/america/antigua-barbuda/index.php">Antigua and Barbuda</a></td><td>✔</td><td></td><td></td><td></td><td>✔</td><td>127</td><td data-sort="430">43.0%</td><td data-sort="107">10.7%</td></tr><tr><td><a class="fl_as fl_BHR" href="/asia/bahrain/index.php">Bahrain</a></td><td>✔</td><td></td><td></td><td></td><td>✔</td><td>60</td><td data-sort="138">13.8%</td><td data-sort="3">0.3%</td></tr><tr><td><a class="fl_am fl_BMU" href="/america/bermuda/index.php">Bermuda</a> *</td><td>✔</td><td></td><td></td><td>✔</td><td></td><td>49</td><td data-sort=0>n/a</td><td data-sort=0>n/a</td></tr><tr><td><a class="fl_eu fl_GIB" href="/europe/gibraltar/index.php">Gibraltar</a> *</td><td>✔</td><td>✔</td><td></td><td></td><td></td><td>96</td><td data-sort=0>n/a</td><td data-sort=0>n/a</td></tr><tr><td><a class="fl_oz fl_GUM" href="/oceania/guam/index.php">Guam</a> *</td><td>✔</td><td></td><td>✔</td><td></td><td></td><td>134</td><td data-sort=0>n/a</td><td data-sort=0>n/a</td></tr><tr><td><a class="fl_as fl_HKG" href="/asia/hong-kong/index.php">Hong Kong</a> *</td><td>✔</td><td></td><td></td><td>✔</td><td></td><td>4</td><td data-sort="219">21.9%</td><td data-sort="362">36.2%</td></tr><tr><td><a class="fl_eu fl_IRL" href="/europe/ireland/index.php">Ireland</a></td><td>✔</td><td></td><td></td><td>✔</td><td></td><td>27</td><td data-sort="261">26.1%</td><td data-sort="497">49.7%</td></tr><tr><td><a class="fl_eu fl_LUX" href="/europe/luxembourg/index.php">Luxembourg</a></td><td>✔</td><td></td><td></td><td>✔</td><td></td><td>5</td><td data-sort="204">20.4%</td><td data-sort="328">32.8%</td></tr><tr><td><a class="fl_eu fl_MLT" href="/europe/malta/index.php">Malta</a></td><td>✔</td><td></td><td></td><td></td><td>✔</td><td>38</td><td data-sort="440">44.0%</td><td data-sort="377">37.7%</td></tr><tr><td><a class="fl_eu fl_NLD" href="/europe/netherlands/index.php">Netherlands</a></td><td>✔</td><td></td><td></td><td>✔</td><td></td><td>12</td><td data-sort="412">41.2%</td><td data-sort="329">32.9%</td></tr><tr><td><a class="fl_oz fl_PLW" href="/oceania/palau/index.php">Palau</a></td><td>✔</td><td></td><td>✔</td><td></td><td></td><td></td><td data-sort="766">76.6%</td><td data-sort="88">8.8%</td></tr><tr><td><a class="fl_as fl_SGP" href="/asia/singapore/index.php">Singapore</a></td><td>✔</td><td></td><td></td><td>✔</td><td></td><td>3</td><td data-sort="210">21.0%</td><td data-sort="378">37.8%</td></tr><tr><td><a class="fl_am fl_TTO" href="/america/trinidad-and-tobago/index.php">Trinidad and Tobago</a></td><td>✔</td><td></td><td>✔</td><td></td><td></td><td>130</td><td data-sort="405">40.5%</td><td data-sort="261">26.1%</td></tr><tr><td><a class="fl_am fl_PAN" href="/america/panama/index.php">Panama</a></td><td></td><td>✔</td><td>✔</td><td></td><td></td><td>18</td><td data-sort="372">37.2%</td><td data-sort="291">29.1%</td></tr><tr><td><a class="fl_am fl_TCA" href="/america/turks-and-caicos-islands/index.php">Turks and Caicos Islands</a> *</td><td></td><td></td><td>✔</td><td></td><td>✔</td><td>120</td><td data-sort=0>n/a</td><td data-sort=0>n/a</td></tr><tr><td><a class="fl_am fl_BRB" href="/america/barbados/index.php">Barbados</a></td><td></td><td>✔</td><td></td><td></td><td>✔</td><td>63</td><td data-sort="356">35.6%</td><td data-sort="300">30.0%</td></tr><tr><td><a class="fl_am fl_ABW" href="/america/aruba/index.php">Aruba</a> *</td><td>✔</td><td></td><td></td><td></td><td></td><td>75</td><td data-sort=0>n/a</td><td data-sort=0>n/a</td></tr><tr><td><a class="fl_eu fl_BIH" href="/europe/bosnia-and-herzegovina/index.php">Bosnia and Herzegovina</a></td><td>✔</td><td></td><td></td><td></td><td></td><td></td><td data-sort="237">23.7%</td><td data-sort="98">9.8%</td></tr><tr><td><a class="fl_oz fl_COK" href="/oceania/cook-islands/index.php">Cook Islands</a></td><td>✔</td><td></td><td></td><td></td><td></td><td>131</td><td data-sort=0>n/a</td><td data-sort=0>n/a</td></tr><tr><td><a class="fl_am fl_CUW" href="/america/curacao/index.php">Curacao</a> *</td><td>✔</td><td></td><td></td><td></td><td></td><td>90</td><td data-sort=0>n/a</td><td data-sort=0>n/a</td></tr><tr><td><a class="fl_eu fl_FRO" href="/europe/faroe-islands/index.php">Faroe Islands</a> *</td><td>✔</td><td></td><td></td><td></td><td></td><td></td><td data-sort=0>n/a</td><td data-sort=0>n/a</td></tr><tr><td><a class="fl_am fl_GRL" href="/america/greenland/index.php">Greenland</a> *</td><td>✔</td><td></td><td></td><td></td><td></td><td></td><td data-sort=0>n/a</td><td data-sort=0>n/a</td></tr><tr><td><a class="fl_eu fl_JEY" href="/europe/jersey/index.php">Jersey</a> *</td><td>✔</td><td></td><td></td><td></td><td></td><td>19</td><td data-sort=0>n/a</td><td data-sort=0>n/a</td></tr><tr><td><a class="fl_oz fl_MHL" href="/oceania/marshall-islands/index.php">Marshall Islands</a></td><td>✔</td><td></td><td></td><td></td><td></td><td>51</td><td data-sort="659">65.9%</td><td data-sort="97">9.7%</td></tr><tr><td><a class="fl_af fl_MUS" href="/africa/mauritius/index.php">Mauritius</a></td><td>✔</td><td></td><td></td><td></td><td></td><td>55</td><td data-sort="222">22.2%</td><td data-sort="260">26.0%</td></tr><tr><td><a class="fl_eu fl_MNE" href="/europe/montenegro/index.php">Montenegro</a></td><td>✔</td><td></td><td></td><td></td><td></td><td>119</td><td data-sort="222">22.2%</td><td data-sort=0>n/a</td></tr><tr><td><a class="fl_oz fl_NRU" href="/oceania/nauru/index.php">Nauru</a></td><td>✔</td><td></td><td></td><td></td><td></td><td>139</td><td data-sort=0>n/a</td><td data-sort="214">21.4%</td></tr><tr><td><a class="fl_am fl_CAN" href="/america/canada/index.php">Canada</a></td><td>✔</td><td></td><td></td><td></td><td></td><td>28</td><td data-sort="245">24.5%</td><td data-sort="554">55.4%</td></tr><tr><td><a class="fl_oz fl_NIU" href="/oceania/niue/index.php">Niue</a></td><td>✔</td><td></td><td></td><td></td><td></td><td></td><td data-sort=0>n/a</td><td data-sort=0>n/a</td></tr><tr><td><a class="fl_as fl_OMN" href="/asia/oman/index.php">Oman</a></td><td>✔</td><td></td><td></td><td></td><td></td><td>47</td><td data-sort="274">27.4%</td><td data-sort="26">2.6%</td></tr><tr><td><a class="fl_eu fl_CHE" href="/europe/switzerland/index.php">Switzerland</a></td><td>✔</td><td></td><td></td><td></td><td></td><td>2</td><td data-sort="288">28.8%</td><td data-sort="225">22.5%</td></tr><tr><td><a class="fl_eu fl_SRB" href="/europe/serbia/index.php">Serbia</a></td><td>✔</td><td></td><td></td><td></td><td></td><td>110</td><td data-sort="366">36.6%</td><td data-sort="176">17.6%</td></tr><tr><td><a class="fl_as fl_TWN" href="/asia/taiwan/index.php">Taiwan</a> *</td><td>✔</td><td></td><td></td><td></td><td></td><td>17</td><td data-sort=0>n/a</td><td data-sort=0>n/a</td></tr><tr><td><a class="fl_oz fl_ASM" href="/oceania/american-samoa/index.php">American Samoa</a> *</td><td></td><td></td><td>✔</td><td></td><td></td><td>135</td><td data-sort=0>n/a</td><td data-sort=0>n/a</td></tr><tr><td><a class="fl_am fl_CRI" href="/america/costa-rica/index.php">Costa Rica</a></td><td></td><td></td><td>✔</td><td></td><td></td><td>105</td><td data-sort="583">58.3%</td><td data-sort="167">16.7%</td></tr><tr><td><a class="fl_oz fl_FJI" href="/oceania/fiji/index.php">Fiji</a></td><td></td><td></td><td>✔</td><td></td><td></td><td>121</td><td data-sort="321">32.1%</td><td data-sort="210">21.0%</td></tr><tr><td><a class="fl_eu fl_RUS" href="/europe/russia/index.php">Russia</a></td><td></td><td></td><td>✔</td><td></td><td></td><td>43</td><td data-sort="462">46.2%</td><td data-sort="38">3.8%</td></tr><tr><td><a class="fl_oz fl_WSM" href="/oceania/samoa/index.php">Samoa</a></td><td></td><td></td><td>✔</td><td></td><td></td><td>104</td><td data-sort="193">19.3%</td><td data-sort="148">14.8%</td></tr><tr><td><a class="fl_as fl_PRK" href="/asia/north-korea/index.php">North Korea</a></td><td></td><td>✔</td><td></td><td></td><td></td><td></td><td data-sort=0>n/a</td><td data-sort=0>n/a</td></tr><tr><td><a class="fl_as fl_IRN" href="/asia/iran/index.php">Iran</a></td><td></td><td>✔</td><td></td><td></td><td></td><td></td><td data-sort="447">44.7%</td><td data-sort="193">19.3%</td></tr><tr><td><a class="fl_as fl_MMR" href="/asia/burma/index.php">Myanmar</a></td><td></td><td>✔</td><td></td><td></td><td></td><td></td><td data-sort="312">31.2%</td><td data-sort="132">13.2%</td></tr><tr><td><a class="fl_af fl_BFA" href="/africa/burkina-faso/index.php">Burkina Faso</a></td><td></td><td>✔</td><td></td><td></td><td></td><td></td><td data-sort="413">41.3%</td><td data-sort="277">27.7%</td></tr><tr><td><a class="fl_af fl_COD" href="/africa/congo-kinshasa/index.php">Congo (Dem. Republic)</a></td><td></td><td>✔</td><td></td><td></td><td></td><td></td><td data-sort="507">50.7%</td><td data-sort="388">38.8%</td></tr><tr><td><a class="fl_am fl_HTI" href="/america/haiti/index.php">Haiti</a></td><td></td><td>✔</td><td></td><td></td><td></td><td></td><td data-sort="427">42.7%</td><td data-sort=0>n/a</td></tr><tr><td><a class="fl_am fl_JAM" href="/america/jamaica/index.php">Jamaica</a></td><td></td><td>✔</td><td></td><td></td><td></td><td></td><td data-sort="351">35.1%</td><td data-sort="332">33.2%</td></tr><tr><td><a class="fl_as fl_JOR" href="/asia/jordan/index.php">Jordan</a></td><td></td><td>✔</td><td></td><td></td><td></td><td>65</td><td data-sort="286">28.6%</td><td data-sort="174">17.4%</td></tr><tr><td><a class="fl_af fl_MLI" href="/africa/mali/index.php">Mali</a></td><td></td><td>✔</td><td></td><td></td><td></td><td></td><td data-sort="545">54.5%</td><td data-sort="354">35.4%</td></tr><tr><td><a class="fl_af fl_MOZ" href="/africa/mozambique/index.php">Mozambique</a></td><td></td><td>✔</td><td></td><td></td><td></td><td></td><td data-sort="361">36.1%</td><td data-sort="373">37.3%</td></tr><tr><td><a class="fl_af fl_NGA" href="/africa/nigeria/index.php">Nigeria</a></td><td></td><td>✔</td><td></td><td></td><td></td><td>42</td><td data-sort="348">34.8%</td><td data-sort="269">26.9%</td></tr><tr><td><a class="fl_as fl_PHL" href="/asia/philippines/index.php">Philippines</a></td><td></td><td>✔</td><td></td><td></td><td></td><td>72</td><td data-sort="431">43.1%</td><td data-sort="367">36.7%</td></tr><tr><td><a class="fl_af fl_SEN" href="/africa/senegal/index.php">Senegal</a></td><td></td><td>✔</td><td></td><td></td><td></td><td></td><td data-sort="448">44.8%</td><td data-sort="247">24.7%</td></tr><tr><td><a class="fl_af fl_ZAF" href="/africa/south-africa/index.php">South Africa</a></td><td></td><td>✔</td><td></td><td></td><td></td><td>46</td><td data-sort="292">29.2%</td><td data-sort="490">49.0%</td></tr><tr><td><a class="fl_af fl_SSD" href="/africa/south-sudan/index.php">South Sudan</a></td><td></td><td>✔</td><td></td><td></td><td></td><td></td><td data-sort="314">31.4%</td><td data-sort=0>n/a</td></tr><tr><td><a class="fl_as fl_SYR" href="/asia/syria/index.php">Syria</a></td><td></td><td>✔</td><td></td><td></td><td></td><td></td><td data-sort="427">42.7%</td><td data-sort="302">30.2%</td></tr><tr><td><a class="fl_af fl_TZA" href="/africa/tanzania/index.php">Tanzania</a></td><td></td><td>✔</td><td></td><td></td><td></td><td>93</td><td data-sort="438">43.8%</td><td data-sort="300">30.0%</td></tr><tr><td><a class="fl_as fl_TUR" href="/asia/turkey/index.php">Turkey</a></td><td></td><td>✔</td><td></td><td></td><td></td><td>59</td><td data-sort="423">42.3%</td><td data-sort="209">20.9%</td></tr><tr><td><a class="fl_af fl_UGA" href="/africa/uganda/index.php">Uganda</a></td><td></td><td>✔</td><td></td><td></td><td></td><td></td><td data-sort="337">33.7%</td><td data-sort="288">28.8%</td></tr><tr><td><a class="fl_as fl_YEM" href="/asia/yemen/index.php">Yemen</a></td><td></td><td>✔</td><td></td><td></td><td></td><td></td><td data-sort="266">26.6%</td><td data-sort="178">17.8%</td></tr><tr><td><a class="fl_as fl_CYP" href="/asia/cyprus/index.php">Cyprus</a></td><td></td><td></td><td></td><td></td><td>✔</td><td>15</td><td data-sort="224">22.4%</td><td data-sort="257">25.7%</td></tr><tr><td><a class="fl_am fl_DMA" href="/america/dominica/index.php">Dominica</a></td><td></td><td></td><td></td><td></td><td>✔</td><td>128</td><td data-sort="326">32.6%</td><td data-sort="137">13.7%</td></tr><tr><td><a class="fl_am fl_GRD" href="/america/grenada/index.php">Grenada</a></td><td></td><td></td><td></td><td></td><td>✔</td><td>132</td><td data-sort="478">47.8%</td><td data-sort="149">14.9%</td></tr><tr><td><a class="fl_as fl_MYS" href="/asia/malaysia/index.php">Malaysia</a></td><td></td><td></td><td></td><td></td><td>✔</td><td>39</td><td data-sort="387">38.7%</td><td data-sort="473">47.3%</td></tr><tr><td><a class="fl_am fl_KNA" href="/america/stkitts-nevis/index.php">Saint Kitts and Nevis</a></td><td></td><td></td><td></td><td></td><td>✔</td><td>68</td><td data-sort="497">49.7%</td><td data-sort="155">15.5%</td></tr><tr><td><a class="fl_am fl_LCA" href="/america/saint-lucia/index.php">Saint Lucia</a></td><td></td><td></td><td></td><td></td><td>✔</td><td>133</td><td data-sort="347">34.7%</td><td data-sort="227">22.7%</td></tr><tr><td><a class="fl_af fl_SYC" href="/africa/seychelles/index.php">Seychelles</a></td><td></td><td></td><td></td><td></td><td>✔</td><td>89</td><td data-sort="301">30.1%</td><td data-sort="315">31.5%</td></tr></table></div><br><br><div class="adtg hrz" id="adtg-2" data-gptfrmt="hrz" ><ins id=ags2 class=adsbygoogle data-ad-client="ca-pub-0315193065476355" data-ad-slot="3247214056" data-ad-format="horizontal" data-full-width-responsive="true"></ins></div><br><br><strong>Explanation of the individual lists:</strong><br><table border=0 cellpadding=0 cellspacing=1><tr valign=top><td>Oxfam:</td><td>The "Corporate Tax Havens" list from probably the most important NGO</td></tr><tr valign=top><td>FATF:</td><td>The black and grey list by the "Financial Action Task Force on Money Laundering"</td></tr><tr valign=top><td>EU:</td><td>The "EU List of Non-Cooperative Countries and Territories" from October 2021</td></tr><tr valign=top><td>IMF:</td><td>International Monetary Fund blacklist</td></tr><tr valign=top><td>CBI:</td><td>OECD list of countries in which citizenship can be bought through investment</td></tr><tr valign=top><td>FSI:</td><td>The Financial Secrecy Index, which indicates in which countries money can be hidden from other countries.</td></tr></table><br><h2>The black lists of tax evaders</h2> In 2017, the <strong>European Union</strong> drew up what was then a rather extensive blacklist of "non-cooperative countries and territories" of 19 states that it considered to be tax havens. However, this list never entered into force. After numerous objections and deletions, this list was whittled down to include only five countries by the end of 2018. In February 2019, the European Commission adopted a new list that was now comprised of 23 countries, which was again cut in half in February 2020. New lists are drawn up year after year, which now only include a few entries. The latest list from 2023 includes 15 countries. Often criticized here are the reasons for leaving a country off the list. For example, Turkey was repeatedly granted a deferral for "political reasons." The fact that the Cayman Islands were never on the list seems even stranger. Before Brexit, they were considered an EU territory and therefore could not be listed by definition.<br><br>The <strong>FATF</strong> (Financial Action Task Force on Money Laundering) is an association of the European Union, the Gulf Cooperation Council and 38 individual countries. These include China, Russia and the USA. The <a href="https://www.fatf-gafi.org/en/topics/high-risk-and-other-monitored-jurisdictions.html" target=_blank rel=noopener>FATF</a>'s black and grey list is one of the most internationally recognized and has the highest weight alongside the EU list.<br><br><strong>Oxfam</strong> is a non-governmental organisation based in Oxford, England. It is an association of numerous aid and development organisations with a focus on development aid and poverty reduction. <a href="https://www.oxfam.org/en/tags/tax-havens" target=_blank rel=noopener>Oxfam</a> continuously analyses numerous countries and at the end of 2018, independently of other lists, placed the countries listed above on its own blacklist. The 35 listed countries also include the 4 EU states Ireland, Luxembourg, Malta and the Netherlands. Unfortunately, there is no newer list yet. The Oxfam list, by the way, is based on the same 92 states that the European Commission also examined. Oxfam has also examined the 28 EU states and came up with completely different results.<br><br>The <strong>International Monetary Fund (IMF)</strong> avoids the term "tax haven," but provides a similar list under the term "offshore financial centres," especially since this list is intended to show countries whose financial strength extends considerably beyond their own economic performance. The fact that the <a href="https://www.imf.org/external/np/leg/amlcft/eng/aml1.htm" target=_blank rel=noopener>IMF</a> also distinguishes between regional and offshore financial centers means an offshore financial center is a potential tax haven. On the capital market, capital usually goes to the person who earned it or to the place where it is taxed lowest.<br><br>In its <strong>CBI list</strong> (citizenship by investment), the <a href="https://www.oecd.org/tax/automatic-exchange/crs-implementation-and-assistance/residence-citizenship-by-investment/" target=_blank rel=noopener>OECD</a> lists a number of countries in which citizenship can be acquired through sufficiently high investments. The background to this is that citizens often have other taxation models and rights at their disposal. This does not directly imply a danger of tax evasion, but there is a possibility of misuse.<br><br>Incidentally, the <strong>OECD</strong> also had its own blacklist of tax havens until 2009. All 42 countries ever listed have since made far-reaching concessions in order not to suffer sanctions. In the course of this, the banking secrecy laws of Switzerland, Andorra, Liechtenstein and Monaco have also been relaxed.<br><br>The strength of banking secrecy also determines how well money can be hidden in a country. In this context, the anonymous numbered accounts in Switzerland are well known. Although they do not exempt the holder from tax liability, they hide them well from foreign authorities. The <strong>"Financial Secrecy Index"</strong> (<a href="https://fsi.taxjustice.net/" target=_blank rel=noopener>FSI</a>) measures the effectiveness of a country's laws in concealing money. From a total of 141 countries, the index of the year 2022 determines the degree of secrecy for capital and its owners, as well as the amount of money moved through these countries in relation to the global financial market. Very high on this list are two countries that are otherwise rarely mentioned in this context: The United States (rank 1) and Germany (rank 7).<br><br><br>* The marked countries are not independent and sovereign states, but dependent territories of other states. Cf. also our article <a href="/definition-country.php">What is a country?</a></div></main><aside><div class="adtg bbd" id="adtg-3" data-gptfrmt="bbd" style="min-height:90px;" data-nads=1></div><div class=mteaser><div><a href="/corruption.php"><img src="//cdn.worlddata.info/pics/korruption.jpg" loading=lazy width=284 height=130 alt="Comparison: corruption">Comparison: Corruption worldwide</a>The poorer the worse: A ranking of corruption over 114 countries. USA ranks 23rd.</div><div><a href="/cost-of-living.php"><img src="//cdn.worlddata.info/pics/shopping-cart.jpg" loading=lazy width=284 height=130 alt="Comparison: Cost of living">Cost of living in a global comparison</a>Ranking of international living costs from 116 countries compared to the US</div><div><a href="/crime-by-country.php"><img src="//cdn.worlddata.info/pics/crime-scene.jpg" loading=lazy width=284 height=130 alt="Ranking: Crime by country">Crime by country</a>List of countries with the highest crime rates: Organized crime and criminal acts around the globe</div></div></aside><footer id=footer><div id=socials><a href="//twitter.com/share?original_referer=https%3A%2F%2Fwww.worlddata.info%2Ftax-havens.php&text=List+of+the+world%27s+most+notorious+tax+havens&url=https%3A%2F%2Fwww.worlddata.info%2Ftax-havens.php" target=_blank rel=noopener style="background-position:-31px -29px;" title=Twitter></a><a href="//www.facebook.com/sharer.php?u=https%3A%2F%2Fwww.worlddata.info%2Ftax-havens.php&t=List+of+the+world%27s+most+notorious+tax+havens" target=_blank rel=noopener style="background-position:-209px -29px;" title=Facebook></a><a class=ab630 href="//www.linkedin.com/shareArticle?url=https%3A%2F%2Fwww.worlddata.info%2Ftax-havens.php" target=_blank rel=noopener style="background-position:-270px -29px;" title=LinkedIn></a><a class=no-desktop href="fb-messenger://share?link=https%3A%2F%2Fwww.worlddata.info%2Ftax-havens.php" rel=noopener style="background-position:-150px -29px;" title=Messenger></a><a class=no-desktop href="whatsapp://send?text=https%3A%2F%2Fwww.worlddata.info%2Ftax-havens.php%20List+of+the+world%27s+most+notorious+tax+havens" rel=noopener style="background-position:-116px -29px;" title=WhatsApp></a><a href="//www.reddit.com/submit?url=https%3A%2F%2Fwww.worlddata.info%2Ftax-havens.php&title=List+of+the+world%27s+most+notorious+tax+havens" target=_blank rel=noopener style="background-position:0 -29px;" title=Reddit></a><a href="mailto:?subject=List+of+the+world%27s+most+notorious+tax+havens&body=List+of+the+world%27s+most+notorious+tax+havens%0Ahttps%3A%2F%2Fwww.worlddata.info%2Ftax-havens.php" style="background-position:-59px -29px;" title=Email></a></div><div class=breadcrumbs>You are here: <a href="/">Home</a> › <a href="/classifications.php">Classifications</a> › <span style="color:#00FFFF;">tax havens</span></div><script type="application/ld+json">{"@context": "https://schema.org","@type":"BreadcrumbList","itemListElement":[{"@type":"ListItem","position":1,"name":"Homepage","item":"https://www.worlddata.info/"},{"@type":"ListItem","position":2,"name":"Classifications","item":"https://www.worlddata.info/classifications.php"},{"@type":"ListItem","position":3,"name":"tax havens","item":"https://www.worlddata.info/tax-havens.php"}]}</script><a href="/quiz/">Country Quiz</a><a href="/countrycodes.php">Country codes</a><a href="/downloads/">CSV downloads</a><a href="/definition-country.php">What is a country?</a><div id=langsel><a href="https://www.laenderdaten.info/steueroasen.php" title="tax havens" class=langh rel=alternate style="background-position:2px 1px;" hreflang=de lang=de>deutsch</a><a href="https://www.datosmundial.com/paraisos-fiscales.php" title="paraísos fiscales" class=langh rel=alternate style="background-position:-348px 1px;" hreflang=es lang=es>español</a><a href="https://www.dadosmundiais.com/paraisos-fiscais.php" title="Paraísos fiscais" class=langh rel=alternate style="background-position:-1028px 1px;" hreflang=pt-BR lang=pt-BR id=lngpt>português</a><a href="https://www.donneesmondiales.com/paradis-fiscaux.php" title="Paradis fiscaux" class=langh rel=alternate style="background-position:-518px 1px;" hreflang=fr lang=fr>français</a></div><br><br><a class=legal href="/about.php">About worlddata.info</a><a class=legal href="/privacypolicy.php">Privacy policy</a><a class=legal id=cmp_revoke style="display:none;" href="#" onclick="window.manualCmpResurface();return false">Cookie settings</a><a class=legal href="/report-an-error.php" rel=nofollow onclick="errurl(this)">Report an error</a><br><br>Data without guarantee © WorldData.info, all rights reserved<br>Photo: 3827362 © Aliaksandr Autayeu | Dreamstime.com<br>This page was first published in March 2019 and has been continuously updated since then. 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