A Better Life For You

By simply living in Guernsey, it’s said that people enjoy feeling better about life. The island offers in spades that precious balance between a safe environment which brings the good things in life conveniently to hand and immense corporate capability, so what matters to you is delivered.

As a British Crown Dependency, Guernsey has been a self-governing jurisdiction for over 800 years. It has its own independent government, parliament and judiciary which allows the island to set its own rates of tax and shape legislation to help businesses to flourish.

Guernsey is unique in that it maintains two property markets, one Local Market for its local population as well as for those who come because their employer needs their labour and skills; the other is an Open Market where homes are a little more exclusive and may cost more, but the benefits of moving to the island, both tax and lifestyle-wise more than make up for it. For example, an Open Market Part A property purchased for more than £1.32m within the first 12 months of residence would entitle the buyer to a tax cap of £50k per year for up to four years. A family living in an Open Market Part A home, whether they rent or buy, can live and work in Guernsey indefinitely. Plus there are no hoops to jump through - anyone with the right to live in the UK or an EEA member country can move to immediately occupy an Open Market home in Guernsey.

Taxation in Guernsey is straightforward. Guernsey imposes no inheritance, capital gains, wealth, gift or estate tax, and there is no VAT. Personal income, however, is taxed at a flat rate of just 20% and caps apply.

Warmer temperatures than mainland UK and 29 miles of impressive and varied coastline await. Guernsey offers many water sports including kayaking, surfing, charter boat rides, diving, jet-skiing, windsurfing, kite-boarding, sailing, coasteering, fishing and paddle boarding to name only a few. There are plenty of land-based activities too, and most cater to all ages, allowing parents a little downtime, or exciting days out together for adventurous families - all happily, safely.

As Brexit uncertainty continues, just a short distance away, quietly and calmly, Guernsey is building on its strong and stable position. This means that this beautiful Channel Island is an increasingly attractive place to live, offering very genuinely ‘a better life for you’.

For more information about making the move to Guernsey please visit LocateGuernsey.com or call 01481 743834.