The Channel Islands - Gateway to Europe | Eden Scott

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The Channel Islands - Gateway to Europe

26 Aug 2015
Jane MacGregor

channel islands

 

Relocate to the Channel Islands

 

Do you work in Finance and are thinking of an International move? Why not relocate to the Channel Islands?  This location offers a welcome option for qualified accountants seeking to develop a good work/life balance with excellent prospects available to dedicated individuals.

 

Jersey and Guernsey are ranked by the Global Financial Centres Index as the number one and two offshore financial centres in the world based on a range of financial, regulatory and reputational considerations. Finance accounts for a major share of both islands’ economies, with estimates ranging between 40% and 60% depending on how it is measured. The banking, funds, corporate/trust services and insurance sectors are the major employers and wealth generators, and have fuelled growth that has allowed them to maintain stability despite a buffeting from the recent global economic turmoil. The figures are impressive – between them the two economies hold around £300bn in deposits, around £400bn in managed funds and an estimated £500bn in assets managed under trusts. They are home to 40-50 international banks and tens of thousands of companies are registered there.

 

Outside of the Finance sector, tourism is the other major source of income with many thousands of visitors arriving every summer, predominantly from the UK, but increasingly from Continental Europe, to enjoy its tranquillity, climate (the best in the British Isles) and miles of unspoilt coastline.

 

The Channel Island’s welcoming climate means that time spent on the beach, playing water sports, fishing and dining out (the Island boasts first-class restaurants with Michelin Stars) form part of the activities that all residents enjoy. Sport also forms a major part of the local culture and, for tourists and islanders alike, Jersey is the perfect place to learn to surf, windsurf, sail and canoe – or simply relax and soak up the scenery.

 

Top 5 Benefits

 

  • Close proximity to London – 45 minute flight to London Gatwick  and other major European Cities for weekend visits/holidays
  • Expat lifestyle – work / life balance and a very sociable island
  • Both Jersey and Guernsey are the perfect place to combine a city career with an island lifestyle and it was so refreshing being able to walk to work and home again, without lengthy commutes and rising commuting costs!!
  • Be a part of the No 1 and No 2 offshore financial centres in the world
  • Income Tax Rate is a maximum 20% 

 If you are interested in an International move and want to find out more, why not get in touch with our dedicated International Finance team?

 

Author

Jane MacGregor
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