Jersey and Guernsey are self governing islands about 15 miles off the coast of France.
With populations of 87,000 and 60,000 respectively. The Islands have modern economies dominated by the success of the finance industry, with bank deposits of £275bn and funds under management of £291bn. Jersey and Guernsey are UK Crown dependencies and thus enjoy a special constitutional relationship with the UK. Both Islands are going through fundamental changes to their tax systems, which have otherwise been largely unchanged for 40 years. Tax reform provides exciting opportunities. You will have the opportunity of shaping of the future tax systems of Jersey and Guernsey and helping clients adapt and plan for the new environment.
The benefits of living in Jersey and Guernsey
- A southerly location and temperate climate offering more warmth and sunshine
- than the rest of the British Isles.
- A rural environment consisting of fields, woodland, cliffs, headland, small country
- lanes and miles of golden beach.
- Benign local income tax systems, with low personal tax rates (max 20%),
- generous allowances and no capital gains tax or wealth tax.
- High standards of state health provision with a reciprocal agreement with the UK.
- Low crime rates.
- High standards of state-provided education on a UK model.
- Housing licences are generally available for qualified staff, ensuring access to the
- restricted housing market for periods of up to 5-7 years
We are acting for a number of clients in Jersey and Guernsey (not all of them on our website for reasons of confidentiality) and would be happy to discuss the market with you. Call me on the number below to have a discussion on the options available to you.
