The traditional arguments made for relocating to Guernsey
– from the point of view either of a family or a business
– used to revolve around unspoilt beaches, exceptional local
waters, great restaurants, golf courses and the 20% top rate of
tax. The fact that you can be at home or on the beach within
minutes of leaving work, the absence of capital gains or
inheritance taxes and an enviable work-life balance are still key
drivers both for inward investment and decisions by high net-worth
individuals, but today, the reasons for relocation to the Island go
much further than tax and lifestyle.
The underlying message is that Guernsey isn't, and
hasn't been for many years, an offshore retirement community.
Entrepreneurs make up an increasing proportion of the new arrivals
into the Island. The growing trend of high net-worth individuals
and businesses relocating to Guernsey is a "win-win". New
Islanders and new firms benefit from Guernsey's work-life
balance, from its