Geneva Freeport (French: Ports Francs et Entrepôts de Genève SA) is a warehouse complex in Geneva, Switzerland, for the storage of art and other valuables and collectibles. It is the oldest and largest freeport facility, and the one with the most artworks, with 40% of its collection being art with an estimated value of US$100 billion.[1][2]
The freeport became the preferred storage facility for international elite due to the opacity of Switzerland's storage and customs laws but has since come under scrutiny for its complicity in looted antiquities trade and money laundering schemes.[3] The facility's holdings, especially those possibly related to tax avoidance, have been subject to increasingly greater scrutiny since the release of the Panama Papers in 2016.[4] Recent laws passed in Switzerland have aimed at increasing the transparency of the freeport's contents discouraging long-term storage there.[2]
The freeport has been described as "a trailblazer in the luxury freeport business", as such tax-avoidance complexes have proliferated across the world amid a multilateral clampdown on banking secrecy.[5][6]
^Bonnett, Andrew (2014). Off the Map: Lost Spaces, Invisible Cities, Forgotten Islands, Feral Places, and what They Tell Us About the World. Islington, London: Arum Press Ltd. pp:161-165 ISBN 978-1-78131-361-9.
^ abSteiner, Katie L. (2017). "Dealing with Laundering in the Swiss Art Market: New Legislation and its Threat to Honest Traders". Case Western Reserve Journal of International Law. 49: 351–372 – via Scholarly Commons.
^Laird, Michèle (July 18, 2012). "Free Port Problem: Closing in on the Archeological Underworld". Swissinfo.ch. Retrieved May 8, 2020.
^Artsy Editors (July 14, 2017). "The Role of Freeports in the Global Art Market". Artsy. Retrieved May 8, 2020. {{cite web}}: |last= has generic name (help)
^Helgadóttir, Oddný (2020-12-10). "The new luxury freeports: Offshore storage, tax avoidance, and 'invisible' art". Environment and Planning A: Economy and Space: 0308518X2097271. doi:10.1177/0308518X20972712. S2CID 230592004.
^Helgadóttir, Oddný (2022). "Art". Global Wealth Chains: Asset Strategies in the World Economy: 182–200. doi:10.1093/oso/9780198832379.003.0009. ISBN 978-0198832379.
GenevaFreeport (French: Ports Francs et Entrepôts de Genève SA) is a warehouse complex in Geneva, Switzerland, for the storage of art and other valuables...
Under Bouvier's control, Natural Le Coultre owned 5 percent of the Genevafreeport, but the company was sold to André Chenue, a Parisian shipping firm...
after similar institutions in Geneva and Luxembourg. The Freeport was on sale, but has since been purchased. The Freeport concept was pioneered by Swiss...
Circuit des Nations, the historic racetrack Franco-Provençal language GenevaFreeportGeneva Summit for Human Rights and Democracy German: Genf [ɡɛnf] ; Italian:...
Zone Vranje Free Zone Zrenjanin GenevaFreeport, La Praille, GenevaGeneva Cointrin International Airport free port, Geneva Magazzini Generali con Punto...
4,000 and 4,500 works, stored in the duty-free GenevaFreeport warehouse next to the airport in Geneva, Switzerland.[citation needed] The brothers buy...
known as Luxembourg Freeport, is a €50-million high security storage facility adjacent to Luxembourg Findel Airport. The freeport opened in September...
2014”. In April, 2016, Swiss authorities seized the painting from the GenevaFreeport as part of an ongoing investigation. Following a court decision in...
TPC officials announced that a raid on Robin Symes' warehouse in the GenevaFreeport had uncovered a huge collection of 17,000 looted antiquities, nearly...
branch to Freeport, Illinois. It diverged from the main line at West Chicago and had stations at Elgin, Marengo, Belvidere, Rockford, Freeport, and other...
the Polaris Music Prize for her album 13th Floor Absolutely Free, GenevaFreeport Alaskan Tapes, Millions Alaskan Tapes, Views from Sixteen Stories Altameda...
location from a retired fellow Freeport native George Denney. In April 2018, Bean opened an antiques stores in Freeport adjoining her grandfather's former...
July 1958 – 26 July 2022) was a Swedish-Canadian businessman, based in Geneva, Switzerland. He was the chairman of Lundin Mining, Denison Mines, Lucara...
400 288 Peoria, IL Metropolitan Statistical Area Stephenson 44,630 564 Freeport, IL Micropolitan Statistical Area Tazewell 131,343 646 Peoria, IL Metropolitan...
remain undetected in storage for decades. Freeports' lax regulation enables criminals to operate in secrecy. Freeports may facilitate money laundering and tax...
1997. ISBN 0-8133-3367-9 Leith, Denise (2002). The politics of power: Freeport in Suharto's Indonesia. University of Hawaii Press. ISBN 978-0-8248-2566-9...
company, Natural Le Coultre, and as a major shareholder and promoter of the freeport concept. In 2008, Bouvier became embroiled in a legal case involving Lorette...
deal between Freeport-McMoRan and China Molybdenum and then its stake in Kokkola cobalt refinery as its joint venture partner Freeport-McMoRan agreed...
until 1848. While the main line never reached Galena, construction to Freeport, Illinois, allowed it to connect with the Illinois Central Railroad, thus...
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