Tax-Free Havens: Explore 12 Financial Paradises Worldwide

5. Cayman Islands: Offshore Financial Oasis

As another British Overseas Territory, the Cayman Islands are synonymous with an offshore financial center. Over 85% of economic activity stems from the services sector, making it a haven for global banking.

For those seeking permanent residency, a minimum of 15 years of residence in the Cayman Islands is mandatory. This process ensures a commitment to the vibrant island community.