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Most secretive tax havens in the world

Last updated on: February 1, 2013 09:21 IST

Most secretive tax havens in the world

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The ultra-rich all across the world have found that when it comes to hiding legal and illegal money from authorities there's no better option than to keep it hidden in tax havens.

Let's take a look at some of the most secretive tax havens in the world.

Source: CNBC

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Image: A view of Oxford Circus in London.
Photographs: Stefan Wermuth/Reuters
Tags: CNBC

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Delaware (United States)

Financial Secrecy Index Value: 1503.80

Opacity Score: 92

Weighted Score: 0.17767

Global rank: 1

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Image: Zach Andrews casts a fishing line into a pond at Bellevue State Park near Wilmington, Delaware.
Photographs: Tim Shaffer/Reuters

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Luxembourg

Financial Secrecy Index Value: 1127.02

Opacity Score: 87

Weighted Score: 0.14890

Global rank: 2

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Image: A woman reads during a sunny day in the city of Luxembourg.
Photographs: Francois Lenoir/Reuters
Tags: , Luxembourg

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Switzerland

Financial Secrecy Index Value: 513.40

Opacity Score: 100

Weighted Score: 0.05134

Global rank: 3

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Image: Zurich's main shopping street Bahnhofstrasse.
Photographs: Arnd Wiegmann/Reuters
Tags: , Switzerland

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Cayman Islands

Financial Secrecy Index Value: 403.48

Opacity Score: 92

Weighted Score: 0.04767

Global rank: 4

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Image: A government building in capital George Town.
Photographs: Shurna Robbins/Reuters
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London (United Kingdom)

Financial Secrecy Index Value: 347.79

Opacity Score: 42

Weighted Score: 0.19716

Global rank: 5

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Image: Oxford Street in London.
Photographs: Paul Hackett/Reuters

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Ireland

Financial Secrecy Index Value: 143.73

Opacity Score: 62

Weighted Score: 0.03739

Global rank: 6

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Image: A woman cycles past the 'Coffee To Get Her' restaurant near Dublin city centre, which becomes a bar and club in the evenings.
Photographs: Cathal McNaughton/Reuters
Tags: , Ireland

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Bermuda

Financial Secrecy Index Value: 122.30

Opacity Score: 92

Weighted Score: 0.01445

Global rank: 7

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Image: High winds and rising surf come ashore in Hamilton, Bermuda.
Photographs: Kat Jackson/Reuters
Tags: , Bermuda

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Singapore

Financial Secrecy Index Value: 62.4

Opacity Score: 79

Weighted Score: 0.01752

Global rank: 8

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Image: Garden of Light, an animation by Hexogon Solution of Singapore, is projected on the ArtScience Museum during a media preview of the i Light Marina Bay sustainable light art festival in Singapore.
Photographs: Edgar Su/Reuters
Tags: , Singapore

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Belgium

Financial Secrecy Index Value: 53.3

Opacity Score: 73

Weighted Score: 0.01475

Global rank: 9

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Image: Tourists walk in Brussels' Royal Galleries of Saint Hubert.
Photographs: Sebastien Pirlet/Reuters
Tags: , Belgium

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Hong Kong

Financial Secrecy Index Value: 76.34

Opacity Score: 62

Weighted Score: 0.01986

Global rank: 10

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Image: A view of the Central district in Hong Kong.
Photographs: Bobby Yip/Reuters
Tags: , Hong Kong

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Jersey

Financial Secrecy Index Value: 76.22

Opacity Score: 87

Weighted Score: 0.01007

Global rank: 11

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Image: A view of Jersey Airport.
Photographs: Source: Man vyi/Wikipedia Commons
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Austria

Financial Secrecy Index Value: 42.32

Opacity Score: 91

Weighted Score: 0.00511

Global rank: 12

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Image: A traditional Fiaker horse carriage passes Burgtheater theatre on Dr-Karl-Lueger-Ring street in Vienna.
Photographs: Heinz-Peter Bader/Reuters
Tags: , Austria

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Guernsey

Financial Secrecy Index Value: 36.20

Opacity Score: 79

Weighted Score: 0.00580

Global rank: 13

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Image: Elizabeth College in Guernsey.
Photographs: Source: Man vyi/Wikipedia Commons
Tags: , Guernsey

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Bahrain

Financial Secrecy Index Value: 23.53

Opacity Score: 92

Weighted Score: 0.00278

Global rank: 14

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Image: A view of Bahrain's capital Manama.
Photographs: Hamad I Mohammed/Reuters
Tags: , Bahrain

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The Netherlands

Financial Secrecy Index Value: 23.18

Opacity Score: 58

Weighted Score: 0.00689

Global rank: 15


Image: Cyclists visit a Dutch tulip field in Noordwijk.
Photographs: Michael Kooren/Reuters
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