Wealth and Asset Management
Fly-in, fly-out treasures: ‘Freeport’ airports the new uber-wealth tax haven
At a time of growing transparency about once-hidden wealth, a new industry that offers the world’s uber-rich a way to hide valuable items such as artworks, gold, wine and even data – airport-based “freeports” – has emerged. The move that started in Switzerland, taking advantage of the tax-free status of…
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