Low-tax countries are increasingly vying for the attention of the world's wealthy, offering attractive tax incentives and investment opportunities. The Financial Times reports that jurisdictions such as Singapore, Switzerland, and Monaco are capitalizing on their reputation for financial secrecy and low taxes to attract high-net-worth individuals. These countries' efforts aim to create a more favorable business environment and stimulate economic growth.

Source: https://www.ft.com/content/438b3cbf-cd73-4949-87ca-406063079912