'Jersey. For business. For life.' A quick guide.

Jersey.

For business.

For life.

Jersey. For Business. For Life.

With a long-standing reputation for attracting successful companies and families to its beautiful shores, Jersey is a location for those who want to work in a thriving, international centre of excellence, but who also seek a life of more than just work.

Finding a location that offers the very best tax advantages might be your principal driving force, but choosing a place to become your home is about much more.

With some of the lowest direct taxes in Europe, residency in Jersey works for your wealth and your business but importantly, the island also offers an enviable quality of life for you and your family.

Jersey is growing and diversifying and we welcome propositions from high-value activity businesses and economically active high-value individuals.

Jersey has a friendly, safe, cosmopolitan community, where traditional values sit at the very heart of our contemporary lifestyles. A beautiful island setting with stunning beaches, coastline and countryside, Jersey offers a wealth of leisure and sporting opportunities.

In Jersey, a work-life balance really is achievable.

locatejersey.com High-spec, prime office developments in St Helier: 49° 11’ 5” N, 2° 6’ 44” W

With some of the lowest direct taxes in Europe, in Jersey you and your family can grow and prosper.

Why Jersey? ✚

Low Taxation

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No corporate tax for non-financial services businesses

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10% corporate tax for finance firms

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No capital gains or inheritance tax

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Low personal tax rates for individuals

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Compliant with the highest standards set out by international bodies such as the IMF and OECD

✚ Pro-Business n

Independent government with a strong and stable economy

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Robust yet pragmatic approach to regulation

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Proactive support for inward investment with aftercare

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Jersey ranks as one of the top offshore finance centres in the world

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Skilled, professional workforce

Allowing you to make the most of island life and experience an enviable work-life balance.

Why Jersey? ✚

Strong, Stable Economy

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An economy which supports investment in capital projects and innovative technologies

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Well-developed business links with international markets

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A track record in attracting international business

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Sustained Investment

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Modern office developments with major new office developments under construction

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World-class data centres and fibre telecommunications

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Committed to investment in the digital economy

✚ World-Class Support

and Advice

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Centre of excellence for professional services with globally-renowned accountants, bankers and lawyers

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Close links to the City of London and other European finance centres

Jersey is well positioned to access other capital markets with direct flights to key UK business centres and easy access to Europe.

A ASI

I PAC

FIC

USA

LONDON

MID D

LE E AST

JERSEY PE RO EU

AFRICA

Why Jersey? ✚ Well Positioned

Elizabeth Marina, St Helier : 49° 10’ 58” N, 2° 7’ 4” W

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Direct flights to key UK business centres and easy access to Europe

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Direct flights to London Gatwick and London City, Birmingham, Bristol, Exeter, Glasgow, Liverpool, Luton, Manchester and Southampton *

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Ferry links to the UK and France

* For up-to-date flight information visit jerseyairport.com

A safe, friendly and relaxed island, Jersey offers an unparalleled quality of life for you and your family.

Why Jersey? ✚

Quality of Life

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An enviable work-life balance

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A strong sense of community with an international outlook

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Beautiful island setting with stunning beaches, coast and countryside

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Michelin-star cuisine and high quality local produce

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English speaking, British culture

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A Welcoming Environment

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A safe, stable place to live

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Friendly, relaxed atmosphere with a unique island character

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Active aftercare support from the Locate Jersey team

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Excellent, Modern Services

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High quality and diverse styles of property to choose from

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High standard of education

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Quality health care

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Extensive leisure and sporting facilities with an outdoor focus

Ready to make the move to Jersey?

Application for Business Relocation

Let’s walk through the process of relocating your business to, or applying for High Value Residency in, Jersey. Once a final application has been submitted a decision will normally be received within 10 working days.

Application for High Value Residency

STEP 1

STEP 2

STEP 1

STEP 2

Contact us either in person or via your intermediary for initial discussions and introductions.

We will guide you through the application process, advising you or your intermediary on your business plan and supporting documentation.

Early meeting with Locate Jersey. Kevin Lemasney will explain the process and offer free help and guidance.

Review meeting with Locate Jersey.

You will also be advised regarding registration or incorporation processes and referred on to the Jersey Company Registry.

STEP 4

STEP 3

STEP 4

STEP 3

Review of the application and business plan by the Population Office (the regulator).

Locate Jersey will facilitate the submission of your application, liaising with the regulator and any other relevant government departments as required.

Review of application dossier by the Comptroller of Taxes, followed by feedback to Locate Jersey.

Submission of the application dossier directly, or preferably through an intermediary, to Locate Jersey.

STEP 5

STEP 6

STEP 5

STEP 6

Locate Jersey will communicate the decision to you as soon as it is received.

You are now able to establish your business in Jersey, register with Income Tax and Social Security and obtain your Jersey ‘Registration Card’.

Review of the application dossier by the Population Office.

Approval letter sent to applicant by Locate Jersey.

Decision communicated to Locate Jersey.

You are now free to rent or purchase a qualified property in Jersey and to take up residence in that property.

This will be followed by a formal confirmation from the Population Office.

Relocation Stories.

The Vernon Family.

Before moving to Jersey had even appeared on the Vernon family’s radar, they were visiting the Island on holiday when their young daughter commented, “I could really see us living in Jersey one day!” Little did they all know that within a few years, this would be the case!

Chief Operating Officer of one of Europe’s biggest hedge fund businesses, James Vernon explains: “We were living in Kent and a few years ago we decided, as a family, that it was time to do something completely different and leave the UK for adventure elsewhere, so we headed off to the south of France.

“We had a terrific couple of years in a beautiful country.

However, with our children getting older, we decided we needed to return to an “English-speaking” education system, in time for those critical few years of GCSEs and A Levels.

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Key factors for relocating to Jersey

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“English-speaking” education system

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Quick and smooth process

✚ Key lifestyle factors

for James Vernon

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Welcoming and safe island

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A relaxed, rural lifestyle

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Superb schools

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Top sporting facilities

“As we had already left the UK, it didn’t hold a great deal of allure for us, but then a colleague suggested Jersey. I had visited the Island many times through my work and we had (now famously!) holidayed there two years earlier and loved it.

“We spent some time getting a feel for the Island thereafter and, on the advice of our accountant, we contacted Locate Jersey. With the support of the team there and a local estate agent, we began exploring available properties and visiting schools for our three 13 year olds (yes... we have triplets!). We were really pleasantly surprised by everything we discovered and, with help from Locate Jersey, we were able to secure our residency approval from the Island’s authorities after a comprehensive, but straightforward, application process.

“We are thrilled with the beautiful, historical home that we found – it was actually used by German soldiers as a headquarters during the occupation of the Island in the Second World War! The property as a whole required a great deal of renovation when we purchased it. I have to confess that we were initially concerned as to whether we would find the calibre of architects and the specialist building teams required for the project on Jersey, but it turns out that we need never have worried - we are delighted with the specialists involved with our project.

East coast roads with views of Archirondel: 49° 13’ 19” N, 2° 1’ 34” W

“Our children are loving Island life. They settled in easily, and as well as being happy at their respective schools, they are enjoying taking up the multitude of sporting opportunities that are available to them. They have been learning to surf and sail (in fact, we all have!), as well as kart-racing and playing badminton, table tennis and more!”

“On a personal level, I have transformed my level of fitness.

I live a relaxed, rural lifestyle and I now jog or cycle to work, along a route that runs next to the sea. It’s a great way to start and end a working day! We think that Jersey is a wonderful place to live, work and play and are so glad that our daughter’s prophecy came true!”

Relocation Stories.

Esportif International.

Managing the careers of elite athletes around the globe is a business which inevitably entails a huge amount of travel and so, when establishing a new European office for Esportif International, easy access to regional and worldwide transport networks was crucial. Managing Director, Duncan Sandlant explains: “As a sports management business, specialising in working with rugby players, managers and coaches, we spend significant time visiting our clients at their clubs around the world. A large part of my schedule involves travelling across England, Ireland, Scotland, Wales, France and Italy as well as visiting our offices and clients in South Africa, Australia, New Zealand and Japan.

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Key factors for relocating the business to Jersey

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Reduced travel time to clients

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Central geographic location

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Support in setting up business

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Perfect location to host clients

“Having been previously based in south London, I seemed to spend the majority of my time on a motorway, often stuck in traffic for hours on end. With a young family I began to question whether an alternative location might serve both the business and my personal life better.”

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More time with the family

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Beauty of the island

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Fantastic schools

“In the first instance (being a lawyer myself) I fired off an email to one of the Jersey law firms, enquiring how I would go about moving my business to the Island. They immediately put me in touch with the team at Locate Jersey and from thereon in it was plain sailing. The team signposted us from the beginning to the end of the set-up process and eased us through the relatively straightforward machinations of the statutory paperwork required. They put me in touch with a property management company and through them we sourced central offices in St Helier and within a matter of months we found ourselves living in Jersey.”

“As a family, we very quickly found a wonderful school for our children surrounded by space and greenery. We have also managed to setdown roots in one of the Island’s leafy parishes, which is only a few minutes drive away from the airport (although nowhere is very far from the airport).”

“These days I spend more of my time on a plane than in a car (which enables me to work instead of drive) and amazingly it is now quicker for me to get to my clients around the UK and France from Jersey than it ever was from London. Door to door, I can be in meetings in Bath, Leicester, Belfast, Paris, Cardiff or Edinburgh in less than two hours. As well as being an ideal base for the business, Jersey is a perfect location for us to host our clients.”

High tide at Plémont: 49° 15’ 25” N, 2° 13’ 48” W

✚ Key lifestyle factors

for Duncan Sandlant

“ Having been previously based in south London, I seemed to spend the majority of my time on a motorway, often stuck in traffic for hours on end. These days I spend more of my time on a plane than in a car (which enables me to work instead of drive) and amazingly it is now quicker for me to get to my clients around the UK and France from Jersey than it ever was from London. ”

Inward Investment in Jersey Locate Jersey is committed to the development and growth of enterprise and entrepreneurialism across all sectors of the Jersey economy and the inward investment necessary to ignite and sustain this. We invest considerably in fostering an enviable pro-business culture, and the aftercare that we provide continues to support businesses long after their relocation.

We welcome propositions from a wide range of businesses engaged in high-value activity or with high-growth potential looking to move their future global operations offshore.

Please contact Wayne Gallichan to explore the possibility of relocating your business to Jersey.

Wayne Gallichan Director of Locate Jersey T +44 (0)1534 440604

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E w.gallichan@gov.je

High Value Residency in Jersey To qualify for High Value Residency the applicant must be able to demonstrate comfortable and sustainable worldwide income of £625,000 per annum.

Tax of 20% is charged on the first £625,000 and 1% on all income thereafter.

Jersey’s low taxation environment may be the primary driver, however choosing a place to become your home is about much more.

Jersey has a friendly, safe, cosmopolitan community, where traditional values sit at the very heart of our contemporary lifestyles. A beautiful island setting with stunning beaches, coastline and countryside, Jersey offers a wealth of leisure and sporting opportunities.

Please contact Kevin Lemasney to explore the possibility of qualifying for High Value Residency in Jersey.

Kevin Lemasney Director of High Value Residency T +44 (0)7797 783457

locatejersey.com

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E k.lemasney@gov.je

Jersey has a rich rural heritage and a vibrant countryside; yet you are never more than a stone’s throw away from the sea.

About Locate Jersey.

Locate Jersey is the government organisation responsible for promoting, attracting and retaining inward investment and developing High Value Residency for Jersey.

We provide comprehensive, confidential and free advice to facilitate, support and guide individuals and companies through the process of relocating to Jersey.

Jersey. For business. For life.

For further information about relocating to Jersey, or High Value Residency, please call +44 (0)1534 440604 or visit us online. locatejersey.com