Guernsey has quietly evolved into a formidable economic powerhouse and desirable destination to make a home. We have looked at ten advantages to living in Guernsey compared to a large UK town or city.
While property in the island has always been attractive to the rich and famous, homes are, when compared to London prices, on average £75,000 cheaper according to the UK House Price Index.
In the UK a commute could take over an hour, possibly without daylight let alone some attractive scenery; by comparison in Guernsey, it can be 15 minutes and in fresh air.
Guernsey’s seafood offerings are mouth-watering and can be enjoyed on a restaurant veranda overlooking one of the island’s 27 bays; if lunch runs over, well, it’s only a few minutes back to the office or home.
Guernsey excels when it comes to quality family time. With 29 miles of beautiful coastline there is an almost inexhaustible list of water activities that can be enjoyed by the whole family.
Wave goodbye to masses of commuters and hordes of city tourists. Guernsey has only 962 people per square kilometre.
The island’s wild orchid fields, gorse-carpeted cliff paths, parks and stunning stately home gardens come alive with colour throughout spring and the summer months. Guernsey basks in an average of two hours more sunshine per day in July than London.
There is no VAT. In the summer months the ‘Sea Front Sundays’ provide an extra opportunity to enjoy local produce from the varied quay-side stalls in a truly delightful setting.
Guernsey’s unemployment rate is enviably low at around 2%, a consequence of a thriving economy, where the island’s specialist finance sector is the largest employer.
Where else can you leave the roof down on your car or your helmet on your motorcycle knowing it will be untouched when you return?
The island remains a self-governing British Crown Dependency, so as a British or EEA member country passport holder you can simply relocate; Guernsey’s unique Open Market category of properties makes this possible. There are no inheritance, capital gains, wealth, gift and estate taxes or VAT. Personal income is taxed at a flat rate of 20%.
It’s the bold and brave who move to secure a better life. So with continued uncertainty in the UK, relocating to Guernsey ought to be a serious consideration; we believe it may well be the best decision you will ever make.
For more information about making the move to Guernsey please visit LocateGuernsey.com or call 01481 743834.
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