Guernsey - A Place To Trust

Guernsey has become a favoured jurisdiction for the establishment of trusts. A long history of political and economic stability, an excellent legal framework and the high quality and range of trust companies on the island have all played a part in bringing the island to the attention of professional advisers and their clients. The supporting services of legal and accounting firms and the ease of communication with London and other European cities have also been important factors.

Guernsey will be the first to admit that it never set out to be an international financial centre. However, low taxes applicable to residents of the island since the 1950's together with the security and stability which is felt when visiting have resulted in finance becoming the major contributor to the island's economy, replacing to a large extent the previous industries of tourism and horticulture.