We would like to introduce you to the Isle of Man through the first in a series of articles about this self-governing British Crown Dependency.
For many years the Isle of Man has welcomed individuals and their families from all over the world.
A survey of expats in 2019 by HSBC ranked the Isle of Man as the best place to live in the British Isles and the 12th best in the world. The 2019 police chief's annual report revealed the Island had the lowest number of recorded crimes in the British Isles.
As well as being a very safe place to live it has a stunning, natural environment. At 33 miles long and 13 miles wide it lies in the Irish Sea - between England, Ireland, Scotland and Wales. It covers 227 square miles, has 95 miles of coastline and 32 beaches.
The Isle of Man's parliament, Tynwald, is of Norse origin and more than a 1000-years-old, making it the oldest continuous assembly in the world. The Island is a self-governing British Crown dependency with the head of state, Queen Elizabeth II, holding the title, Lord of Mann.
High standards of education and health care combined with very high standards of living, fascinating heritage and culture, an excellent infrastructure create an enviable lifestyle. The Island's 85,000 residents enjoy a great work life balance and with minimal commute times there is more time for people to do what they enjoy.
The Isle of Man is entirely self-funded with no national debt, no capital gains tax, no inheritance tax, no corporate tax, low rates of personal income tax and a tax cap of £200,000.
Key information for those looking to relocate:
• Superb quality of life
• Well connected
• Low crime rate
• Rated best place to live in British Isles in an HSBC Expat survey 2019
• Low tax rates
• Exceptional business environment
• Financial assistance for relocating businesses.
ILS World has helped many international individuals and their families on all aspects of immigration.
Our hard-working specialists give comprehensive guidance for all categories of visas and work permits. We understand and are experienced at dealing with the complex issues surrounding immigration and have the knowledge and expertise to guide you through the process in the shortest possible time and with the least amount of stress.
If you are considering applying for a second residency or passport under any investor programme there are many factors to take into account. ILS World can guide clients through the best available programmes in order to determine which one will suit each individual and family.
We assist with the whole process from the initial visa application, passport assistance, to the preparation and/or review of business plans, investment support, incorporating a company together with legal help for applications, leave to remain and indefinite leave to remain issues.
The team has successfully assisted clients from Europe, UAE, Africa, Hong Kong, India and China.