When I first heard about Shakira's island property all I thought was "Must be nice."
More recently I was starting to wonder if Shakira is investing in a country that she may choose as a residence for the purpose of minimizing her tax burden. I do not know anything about how Colombia taxes it's citizens. Colombia ranks 55th out of 158 countries in Transparency International's Corruption Perceptions Index for 2005.
Shakira's large scale charity work has no doubt exposed her to more government red tape than the average person.
Even if Shakira's choice of a home is related to taxation, at least she is close to her family and her charity work. Shania Twain moved to Switzerland.
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