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Economy, tax incentives & labor conditions
A blue-collar worker earns on average a wage of 1347 euros gross per month in this country in 2008.
The average wage cost in the car industry is 28,5 euros per hour.
"At Saint-Martin, one sees many jewels of the tourism industry go bankrupt, leaving hotels and marinas empty or unfinished". "Once you've invested money in a tourism project, you go bankrupt. You can then recover the money and transfer it not far away, in Curacao for example, without any control. "
On the island of Saint Martin, whose sovereignty is shared between France and the Netherlands: "You arrive with the black money in a casino on the Dutch side. They invite to sit and p^lay at a table for an hour. The casino gives away a sum arranged in advance, a practice common in tax havens. Once your earnings recovered, you can go the French side invest in real estate projects or marinas. "»
Main violations of the human rights and dirty money laundering
2008 Société Générale