Cyprus
Population: 1,155,403 GDP: $23.57 billion
Tax incentives: A 10 percent corporate tax rate and a generally opaque business environment.
Foreign cash: At least $26 billion, mostly from Russian oligarchs, according to Bloomberg Businessweek.
Famous "resident": Gennady Timchenko. Bloomberg reports that despite the fact that his company, Guvnor, is legally located in Cyprus and experiences $87 billion in annual turnover, Timchenko claims he had "only a few hundred thousand euros" in Cypriot banks.
This story originally appeared at TheWeek.com. More from TheWeek.com:
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