top of page

Insights

Top Jurisdictions for Wealthy During Global Crises: Risk and Resilience Evaluation

By

Katarzyna Lomnicka

While Switzerland is a leading choice for asset protection and management, numerous other global jurisdictions attract high-net-worth individuals and institutions. Here are key alternatives, assessed for tax haven implications and security during wars and conflicts.

Global Financial Centers Comparison:

  • Switzerland: $8 trillion AUM. Known for banking confidentiality and safety in global conflicts. Central European location provides immediate access to European clients.

  • Luxembourg: $4 trillion AUM. Corporate-friendly tax structures. Stable, less neutral than Switzerland. Western European location with European market access.

  • Singapore: Nearly $3 trillion AUM. Tax benefits with regulatory adherence. Politically stable, neutral. Far from Europe.

  • Cayman Islands: $1.5 trillion AUM. Offshore financial center, no direct taxation. Geographically isolated. Far from Europe.

  • Liechtenstein: $200 billion AUM. Financial privacy, moving towards transparency. Small, neutral, surrounded by larger nations. Central European connectivity.

  • Monaco: $100 billion AUM. Personal and business tax benefits. Geographically vulnerable. Immediate European access.

  • Bermuda: $500 billion AUM, strong in insurance. Favorable tax environment. Remote location. Distant for European businesses.

  • Hong Kong: $4 trillion AUM. Low taxes, major finance center. Historically stable, recent events have impacted reputation. Geographically distant from Europe.

  • Isle of Man: $50 billion AUM. Tax advantages. Depends on UK defense. Close and accessible to Europe.

  • British Virgin Islands (BVI): $150 billion AUM. Known for offshore formations. UK defense, remote. Distant from Europe.

  • Guernsey: $40 billion AUM. Financial services with tax perks. UK security, close to Europe.

Conclusion: For European clients, Switzerland stands out with its large financial market, historical neutrality, banking confidentiality, and central location. Other jurisdictions have their advantages, but Switzerland is the top choice for stability and security.


bottom of page