Offshore Financial Center (OFC)

An Offshore Financial Center is synonymous with International Financial Center. However, "offshore financial center" is recently falling out of favor due to the anti-“offshore” propaganda.

 

Often used synonymously with tax haven - more properly an offshore financial center is a “money haven”, or a jurisdiction with high quality infrastructure where offshore investments can be made or held on a low-tax or tax-free basis.  Nevis, for example would be a tax haven, but not an offshore financial center due to its relatively poor infrastructure and lack of banking and investment facilities.  Panamá and Uruguay are both tax-havens and offshore financial centers.

 

Offshore financial centres include:

Bahamas Barbados Belize Bermuda British Virgin Islands Cayman Islands Channel Islands (Jersey and Guernsey) Cook Islands Cyprus Dominica Gibraltar Hong Kong Isle of Man

Labuan, Malaysia Liechtenstein Luxembourg Macau Mauritius Monaco Montserrat Nauru Panama Saint Kitts and Nevis Seychelles Singapore Switzerland Turks and Caicos Islands

 

 

Offshore bank

Tax havens

Private bank

Anonymous banking

Offshore financial centers

International financial centers