5 Richest Countries: #1 “business hub and tax haven” Singapore
A ‘business hub and tax haven’ is wealthy? Funny how that works.
The U.S. is at number 3, at link below if you’re interested.
No. 1: Singapore, $61,567 per person
The wealthiest nation in the world’s top 50 economies has been one of the hottest growth stories in recent years. Singapore’s emergence as a business hub and tax haven — research firm WealthInsight predicts that the country will surpass Switzerland as the world’s largest offshore wealth hub by 2020 — has been a boon for its population’s standard of living. Foreign investment has poured into the nation, turning Singapore into Southeast Asia’s pre-eminent economy. The country is expected to gain even more in the next few years, with the IMF expecting Singapore’s GDP per capita to rise to an astounding $77,000 by 2018.
via The 5 Richest Countries in the World.
The post 5 Richest Countries: #1 “business hub and tax haven” Singapore appeared first on Riehl World News.
Source: http://riehlworldview.com/2013/05/5-richest-countries-1-business-hub-and-tax-haven-singapore.html
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