An increasing number of wealthy individuals, entrepreneurs and
financial services principals have chosen to move to Guernsey with
their families in recent years, with some also relocating their
businesses to the Island. Here, Carey Olsen property partners Jason
Morgan and Davey Le Marquand look at some of the practical issues
to consider when contemplating a move to Guernsey.
How does Guernsey's residential property market
operate?
There are two designated classes of housing in Guernsey: Local
Market and Open Market. The Local Market has significantly more
properties on it and is available for occupation by people either
born and brought up in Guernsey, or those qualified to live in such
accommodation for other reasons, such as by virtue of their
employment circumstances, or in some cases their potential economic
contribution to the Island.
