Jersey
Jersey is a British Crown Dependency located in the English Channel. It is the largest of the Channel Islands, which are a group of islands with their own distinct cultures and governance.
Residence by Investment Overview
ersey offers several pathways for residence through investment, aimed at attracting high-net-worth individuals (HNWIs) and entrepreneurs. While the island does not have a formal “Golden Visa” program like some other countries, it has a well-established system for investors to obtain residence through financial contributions and business activities.
Investment
Minimum real estate investment of GBP 1.75 million and annual taxes of GBP 250,000
Benefits
the island does not have capital gains tax, inheritance tax, or value-added tax (VAT)
Jersey Residence by Investment
Jersey offers a robust program for residence by investment, targeting high-net-worth individuals and entrepreneurs who wish to contribute economically to the island. The scheme focuses on significant investments in property, business, and local job creation, providing a pathway for long-term residence and a favorable tax environment.
Benefits of residence by investment in Jersey
Taxation: Jersey offers an attractive tax regime for residents. For instance, the island does not have capital gains tax, inheritance tax, or value-added tax (VAT), though there are other taxes such as income tax, social security contributions, and property taxes.
No Formal Citizenship: Unlike other jurisdictions with investment schemes, Jersey does not offer citizenship through investment. Residency is the end goal, and obtaining full citizenship is a lengthy process.
Limited Public Services: As a Crown Dependency, Jersey is not part of the European Union, which means that residence in Jersey does not grant automatic rights to live or work in EU countries.
High Value Residency (HVR) Scheme
Investment Requirement: Applicants are required to make a significant economic contribution to the island. This often includes investing in the local economy, such as buying or renting high-end property and creating jobs, or making a direct financial investment in local businesses or industries.
Residency Benefits: The High Value Residency Scheme allows individuals to live and work in Jersey for a period of time. The individual must demonstrate that they intend to make a positive contribution to Jersey’s economy and society. This may include running a business, creating employment opportunities, or making other forms of capital investment.
Property Investment: Applicants are often required to invest in a qualifying property, which is typically a high-value residential property in Jersey. The minimum required value for the property varies depending on location and type.
Financial Investment: There may also be a requirement to invest in local businesses or create jobs, though this is subject to the applicant’s business plan and agreement with Jersey’s authorities.
