#33: Putting The Spark Back in Sark - Swen Lorenz's Big Plans for Europe's Tiniest Tax Haven
Sark - a tiny, self-governing island in the English Channel that has no income or capital gains taxes - is home to just 600 people. For years, the car-and-crime-free island's population was in decline and struggled to sustain even the most basic services.
That was until German entrepreneur Swen Lorenz showed up in 2017 and began singing the island's praises across the European continent. By 2021, when we first covered the story, Lorenz's efforts had already driven a 20% increase in the island's population.
Now, after years of planning, Lorenz is making what could be the biggest move of his…
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