Currently, it is a fact that the property of a person as well as his/her identity is no longer protected in any Central European country. Before the background of the tax harmonisation, the cooperation of the authorities becomes more and more intensive in most of the high-tax countries. Cases are known when criminal offenses were presumed only to obtain information. The pressure on European tax shelters becomes increasingly higher so that most areas will loose their privileged statuss.

Other European countries such as Luxembourg or Switzerland will have to make more or less arrangements to retain cores of their liberal legislation at least.

All these cases and trends contribute to the fact that tax shelters outside Europe are becoming more important. In the foreseeable future, these countries will be able to withstand the centralist efforts and offer sufficient protection from data collection and data exchange for their residents. However, each person interested should adhere to the legislation as well as the governmental and economic conditions in the individual countries before a decision is made.

It can be understood that, for example, the Dutch as well as the British maintain very trustful and established relationships to their former colonies. They are the greatest beneficiaries of first-class bank and financial centres such as the Bahamas, Cayman Islands, British Virgin Islands, Netherlands Antilles, Antigues etc.. These countries have the advantage of really being independent without economical and politic alliances with third countries. Thus, there are no registration obligations, data collections or exchange contracts. Their real strength is this sovereignty which has not been reserved for the European countries for a long time.

This is a privilege which has been reserved for them to a great extent but which is now open even for citizens from other countries in the world who are compelled to look for a new home for themselves and their capital largely for the reasons described above.