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.