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ARTICLE · 04 AUGUST 2017

Guernsey Seeing Positive Company Migration Trend

Guernsey has witnessed a notable inward migration of companies, funds and other structures in the first half of 2017, according to the latest figures.

GuernseyWealth Management

Guernsey has witnessed a notable inward migration of companies, funds and other structures in the first half of 2017, according to the latest figures.

The Guernsey Registry, which is responsible for tracking migrations both in and out of the island, reports that there were 32 company migrations to Guernsey during the first six months of the year. With 15 companies migrating out, it represents a net inward migration of 17 companies moving their domicile to Guernsey so far this year.

The latest figures build on the positive results of 2016 when there were 83 company migrations to Guernsey and only 26 migrations out – signifying a net growth of 57 company migrations.

Alan Bougourd, Registrar at the Guernsey Registry, said the migrations seen this year ranged from investment holding companies, fiduciary and nominee companies, limited partners and loan administrators.

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