The articles tells the history of freeports, highlight the most famous of them and makes suggestions on how they could be used.
Free Port
What are Freeports? Where the world's major freeports located? How can they benefit your business specifically? Free ports (freeports) offer light (in some places zero) taxation; developed infrastructure and logistics; and the possibility of transshipment of goods from one part of the world to another without having to go through customs procedures. In many cases, freeports include manufacturing facilities.
Freeports also serve as an asset protection tool for wealthy individuals who use them to store property such as gold, diamonds and works of art. Some famous freeports like Luxembourg or Geneva are completely landlocked, accessible via international air and road services.
Explore this section of InternationalWealth to learn more about free ports and use them to your advantage.