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The Ultra-Rich Are Building a Separate World Here on Earth

Odd Lots

CHAPTER

The Race for Wealth: Free Ports and Offshore Centers

This chapter explores the competitive dynamics of free ports and offshore centers, focusing on how jurisdictions like Dubai and Abu Dhabi attract ultra-rich individuals. It examines the unique legal frameworks, tax incentives, and specialized zones developed to promote business while acknowledging the historical context of money laundering. The discussion also touches on the complexities of global regulations regarding citizenship and the implications of alternative citizenship options for the wealthy.

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