Island Is Becoming Des-res!

In the February budget, Treasury Minister Allan Bell MHK introduced a much talked about personal income tax cap of £100,000 which is designed to attract entrepreneurial investment and stimulate economic activity in the Island. This has created a great deal of interest from a number of high profile wealthy entrepreneurs who are now looking at the Island as a desirable residence with the attendant benefit of establishing a new business.

To introduce prospective new residents to the Island we have developed a Relocation Programme which includes, as part of the larger overall programme discreet one-to-one visits hosted by Isle of Man Finance often in conjunction with the Island’s financial organisations, who can now look to manage the financial affairs of their wealthy clients while promoting the Island as a cost-effective base and home from where they can conduct their business.