First is Luxembourg
You can visit Luxembourg for its castles and beautiful countryside, its cultural festivals or gastronomic specialties. Or you could just set up an offshore account through one of its banks and never set foot again, as many do.
It’s a shame, because this nation of about 625,000 people, located in the heart of Europe, has a lot to offer both tourists and citizens. Luxembourg uses a large share of its wealth to deliver better housing, healthcare and education to its people, who by far enjoy the highest standard of living in the Eurozone.
Despite the fact that the global financial crisis and EU and OECD demands to decrease banking secrecy had minimal influence on the economy, the coronavirus pandemic prompted numerous firms to shutter and thousands of people to lose their employment.
Despite this, Luxembourg has fared better than most of its European neighbors due to robust testing and contact tracking mechanisms. As a consequence, the grand duchy’s GDP will increase by 4% in 2021, compared to -1.3 percent in 2020. In 2014, the country’s per capita GDP surpassed $100,000 for the first time, and it hasn’t looked back since. Even a pandemic wouldn’t be able to change it.