This situation can lead to a loss of interest to trade with that country.
Some tax havens have complex exchange control laws, it is therefore necessary to have, prior 9L0 509 to any investment, the country authorisation. Investors have to be prudent in their commercial agreements if they have not received the country authorisation.
Tax havens, also have to have an easily convertible currency or linked to an easily convertible one. Most of 9L0 402 them are convertible to US dollar or to pounds sterling. US dollars are nevertheless the more widely used and is welcome in all tax havens situated in the Caribbean. In Liberia, the US dollar is considered legal tender and US notes circulate in the country
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