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To many the recent announcements of disappointing revenue forecasts for 2013 from Guernsey’s Treasury and Resources Department ("Treasury and Resources"), in part due to a reduction in document duty receipts (document duty generally being the second-largest contributor to Guernsey’s budgetary income after income tax) will have come as little surprise.

Today's budget announcement contains a sting in the tail for investors in UK residential property.

In 2012, the government declared war on ‘non natural persons’ buying high-value properties.

The States of Guernsey 2012 Budget Report contains a section advising of proposals to introduce legislation enabling the States to recover document duty at 3% on the transfer for value of any interest in any legal entity which owns, either directly or indirectly, real property in Guernsey.

Guernsey and Jersey are fleet-footed and professional in the way they respond to international initiatives, to ensure their jurisdictions remain attractive and at the forefront of developments in international finance.

Guernsey is a renowned jurisdiction for wealth management, offering various structures for individuals and families seeking to manage and protect their assets.

The Guernsey housing market is divided into 2 categories: dwellings which are available for occupation by anyone and which are inscribed on the Housing Register (commonly known as "open market") and dwellings which can only be occupied by persons holding residential qualifications or a licence issued by the Housing Department (commonly known as "local market").

In the first of a series of articles relating to the review of Guernsey's Island Development Plan, Senior Planning Consultant Chris Crew focuses on current issues with - and potential future changes to...

Guernsey has long been a reputable jurisdiction for wealth management, and in recent years, its offering has expanded beyond trusts to include Foundations.

Further to the previous article regarding the basics of Guernsey Trust Structuring we look to explore the practical uses of Trusts and detail case studies where Trusts are used as an effective tool for Estate and Succession Planning, and Asset Protection.

This guide to Guernsey's private client sector includes commentary on tax, trusts, foundations and private wealth structures used within the jurisdiction...