Офшор Європи: чому Люксембург багатший за Німеччину | Ціна держави

Luxembourg has a population of only 680,000 people—less than that of Lviv. The area of the country is smaller than one residential district of Berlin, yet it is here that foreign corporations have invested more capital than in the entire economy of Germany. The country has no deposits of oil, gas, or diamonds, no access to the sea, and does not control strategic routes. Today, Luxembourg is one of the richest countries in the world. GDP per capita is one and a half times higher than in the USA and more than twice as high as that of neighboring France. To a large extent, Luxembourg owes these indicators to its status as a pan-European offshore hub. 96% of direct foreign investment in Luxembourg is directed to special legal entities used for transnational tax planning. It is this model that has made Luxembourg one of the world's largest centers for the concentration of corporate profits. Today we will analyze how a small state with no oil, no giant factories, and no mass production became the second largest investment center on the planet, second only to the United States. ➡️SUBSCRIBE TO THE CHANNEL @Ціна держави 🤝Support our work: 💰Become a patron   / costua   💰Become a sponsor of this channel to support the creation of new videos:    / @costua   💰Card transfer https://secure.wayforpay.com/donate/d... 💰 PayPal: [email protected] (specify "for video") This video was created thanks to the support of Atlas Network 00:00 Introduction 03:09 The path to statehood—from a feudal fragment to modern times 09:26 The rise and fall of metallurgy 14:58 Financial center 19:46 Center of European investments 22:13 Phantom investments 23:29 Lux Leaks—tax secrets of Luxembourg 31:44 Paradise for billionaires 36:56 Problems in the tax haven 40:24 The economy of the future 46:35 Conclusions #economy #history #luxembourg