Located in Southwestern Europe, it borders the Strait of Gibraltar, which links the Mediterranean Sea and the North Atlantic Ocean, on the southern coast of Spain.
Gibraltar benefits from an extensive shipping trade and offshore banking.
It is no longer considered a non-cooperative tax haven since 30 June 2006.
Grenada
It is a Caribbean island situated between the Caribbean Sea and Atlantic Ocean to the north of Trinidad and Tobago.
Tourism is its main source of foreign exchange.
Isle of Man
It is an island in the Irish Sea, between Great Britain and Ireland.
The Isle of Man does not charge corporation tax, capital gains tax, inheritance tax or wealth tax.
Personal income tax is levied at 10–18 per cent on the worldwide income of Isle of Man residents, up to a maximum tax liability of pound 100,000
A girl celebrates Gibraltar's National Day in the British colony. | Photograph: Anton Meres/Reuters
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