Why are the top 3 offshore financial centers British?

[Richard ridealgh]

Offshore financial centers (OFCs) are mostly situated in small countries or autonomous districts such as islands in the Caribbean or micro-states elsewhere. These tiny, low-tax jurisdictions are well-known for providing highly-specialized and distinctive international financial and corporate services.

With their strengths in easy registration procedures, low risk, lax foreign exchange control and favorable tax policies, these offshore jurisdictions have become popular destinations for individuals and international businesses to park their assets.

China.org.cn has compiled the top five island tax havens that have become the registry Mecca for publicly-traded companies in the world and play an important role in the global economy.
http://www.china.org.cn/top10/2011-11/23/content_23987599.htm

[Richard ridealgh]

:)

[Richard Roman]

Maybe because we are a bunch of tax scammers! God save the Queen and long live the empire!

[Richard ridealgh]

Tax back home is ridiculous!!
I have family based in Jersey, the No.1 center. I had a girlfriend who came from the Cayman Islands and I have sailed around the British virgin islands.