Flamingos and pelicans feed in the deeper water, and African penguins and gannets breed on the offshore islands.
Officers earlier concentrated their search around the coastline, including the small, offshore islands off the north-east coast, known as the Houmets, which can be reached on foot at low water.
The streets of Labuan Bajo are lined with travel agents and diving outfits offering day and overnight trips to the hundreds of pristine sand-ringed islands that lie offshore.
President Hollande has also been embarrassed by revelations that his former Socialist Party treasurer, Jean-Jacques Augier, held personal investments in two offshore companies in the Cayman Islands.
Several of these firms are based in the British Virgin Islands or other offshore tax havens and plan to invest primarily in places like China or the Russian Federation.
For example, Inky.com, which is working on a new email client, bought up in.ky to prevent squatters from taking it (and perhaps to use as an actual domain should they ever have enough money to move some of it to the Cayman Islands as an offshore tax haven).
The conference audience was the right one from which potential whistleblowers could be drawn: It included representatives from offshore entities, high-net worth individuals and others who have information about offshore strategies, including attorneys, judges, trustees and businesses from the Cayman Islands, the British Virgin Islands, the Bahamas and other offshore financial centers.
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About 300m offshore, there are two windswept islands to explore, so small they are unnamed and both home to an undisturbed nursery for seal pups.
The executive will then register a Limited (Ltd.) company on another offshore tax haven like the Cayman Islands or the British Virgin Islands, and declare that it is owned by his trust in Liechtenstein.
Chevron wanted to build offshore near the environmentally sensitive Coronado Islands, while Marathon Oil won few fans with a plan to build in Tijuana, a few miles down coastal Highway 1 from the site of Donald Trump's new oceanfront high-rise condo.
Funds with at least a billion dollars under management that are headquartered there (and often domiciled offshore in places like the Cayman Islands for tax and regulatory purposes) represented 46.6% of global assets managed by similarly sized funds in January of this year.
Chevron (nyse: CVX - news - people ) wanted to build offshore near the environmentally sensitive Coronado Islands, while Marathon Oil won few fans with a plan to build in Tijuana, a few miles down coastal Highway 1 from the site of Donald Trump's new oceanfront high-rise condo.
Whatever slight nuances of Cook Islands law that some believe makes it a better trust jurisdiction than any of the other offshore debtor havens, the bad reputation of the Cook Islands now outweighs those perceived advantages by at least tenfold.
With Lerma's knowledge, Perusquia set up offshore trusts through PaineWebber's Channel Islands subsidiary, with Perusquia in charge.
In the UK, it increased its majority stake in the offshore Schiehallion oilfield west of the Shetland Islands.
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The most common offshore jurisdictions is no doubt the Cayman Islands, located in the warm waters of the Caribbean.
Petroleum refining, tourism and offshore finance were the mainstays of the islands' economies.
More respectable offshore centres, such as the Channel Islands, resent being lumped together with laxer places such as Nauru and the Cook Islands.
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Following the signing of the agreements, HM Revenue and Customs (HMRC) announced a clampdown on tax evaders using the islands to hide their money offshore in order to escape paying tax bills.
For remote transactions, there are any number of offshore intermediaries in Switzerland, the Cayman Islands, and elsewhere that have been helping privacy-conscious Americans stay beyond the long arm of the law for decades.
Russian oligarchs with offshore accounts in one of their favorite Mediterranean Islands, Cyprus, just lost a close friend.
Because of China's laws and rulings on offshore listings, it first set up a vehicle in the British Virgin Islands called Solar Touch, which then turned the original company into a subsidiary.
This is a far higher level of protection than offered in 'offshore' accounts such as those in the Isle of Man or the Channel Islands.
Throughout the 1990s and early 2000s, private-sector Chinese entrepreneurs could set up offshore ownership structures in Hong Kong, the U.S. or the Cayman Islands, that through a new Chinese subsidiary would acquire operating business assets in China.
In 2009 and 2010 it failed to find a single deserving candidate, and in 2011 it did so only by venturing offshore to award it to Pedro Pires, the outgoing president of the pinhead-size islands of Cape Verde.
Among contenders for the top spot offshore is OIL, which has benefited from an Asian fondness for companies from the British Virgin Islands (on paper the second-largest investor in China in 2010, after Hong Kong).
When you go to the west of the Mississippi River, they're actually going to have to take sand from offshore, actually deposit it on the seabed and then retransmit it to make the berms on the islands.
The islands' ability to set low rates of taxation has been fundamental to their development as offshore financial centres: among the tax benefits they offer are special company-tax regimes, with little or no tax, to attract international business.
The Cayman Islands revelations came out in a global investigation by reporters, including Le Monde, into secret offshore accounts.
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