The Worldwide Art Magazine
Collectors who wish to keep their treasures away from regulators’ invasive eyes usually flip to freeports. A fictional one made a visitor look within the 2020 Christopher Nolan film Tenet, in which a staffer says, “Our clients choose us because we now have no precedence above their property,” together with human life. Swiss art dealer Yves Bouvier introduced the art world to the freeport concept, at the core of which are tax advantages, most security, and discretion. Once stored in a freeport, an artwork can commerce hands untaxed, provided it stays there.
- The art market moves to Dallas for the