An employee of “Jetpack Cayman” demonstrates this new watersport, now available on the island. A 2000cc motor pumps water up through the Jetpack, propelling the client out of the sea (359 USD for a 30-minute session). Mike Thalasinos, the owner of the company, remarks, “The Jetpack is zero gravity, the Cayman are zero taxes, we are in the right place!” Grand Cayman.
Fiona Woolf, the Lord Mayor of the City of London, is photographed in her residence, the Mansion House. The City of London, also known as the Square Mile, is a small and peculiar local authority area lodged in the geographical center of the greater London metropolis. The City’s resident population is about 8,000, but over 400,000 people work here every day. The London Stock Exchange, Lloyd’s and the Bank of England are all based here, along with 500 banks from around the world. The Lord Mayor, not to be confused with the Mayor of London, runs the local authority in the Square Mile – known as the City of London Corporation – but is also, the Corporation’s website declares, “a trusted spokesperson for the business and financial community.” Even more confusingly, the term “City of London,” often abbreviated to “The City,” is also commonly taken broadly to mean the UK financial services sector, which in geographical terms has spilled far beyond the borders of the Square Mile and makes the UK the world’s largest exporter of financial services. City of London.
Mr. Neil M. Smith is the British Virgin Islands’ Finance Secretary, photographed here in his office in Road Town, Tortola. The BVI is one of the world’s most important financial service centers and the world leader for company incorporation. There are more than 800,000 companies based in the BVIs but only 28,000 inhabitants. The BVIs are the second-biggest direct investors in China, just after Hong Kong. British Virgin Islands
Under Jersey’s “High value residency scheme,” individuals who earn at least one million dollars a year are actively encouraged to relocate to the Island and are automatically given residential status, so that they can immediately benefit from the Island’s very low tax regime. Jersey’s branch of the real estate group Savills serves this kind of clientele, with listings like La Glinette farm in St. Brelade with an asking price of $11 million. Jersey
Tony Reynard (on the right) and Christian Pauli, in one of the high-security vaults of the Singapore Freeport. Mr. Reynard is the Chairman of the Singapore Freeport and Mr. Pauli is the General Manger of Fine Art Logistics NLC, which is based there. They are both Swiss. The Singapore Freeport is one of the world’s premier maximum-security vaults, where billions of dollars in art, gold and cash are stashed. Located just off the runway of Singapore’s airport, the Freeport is a fiscal no-man’s land where individuals as well as companies can confidentially collect valuables out of reach of the taxman. Singapore
A man floats in the 57th-floor swimming pool of the Marina Bay Sands Hotel, with the skyline of “Central,” the Singapore financial district, behind him. Singapore