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Everything you need to know about citizenship and residence programs around the globe.
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Jersey is a Crown dependency held by the monarch of the United Kingdom though it is not part of the UK. It is a part of the Channel Islands with its own identity.
To promote, attract and retain inward investment for Jersey, to boost economic growth, development and employment, government organisation Locate Jersey is offering High Value Residency programme. They encourage high-net-worth individuals to relocate to the island in exchange for their contribution in the local economy.
Jersey also has a business relocation scheme for low footprint businesses offering competitive tax rates, business-oriented environment, highly qualified workforce and a high level of professional services.
Jersey has a lot to offer to affluent foreign nationals and businesses in exchange for their contribution in local economy.
Besides making the required investment the applicant must also comply with following criteria:
Jersey’s government launched its residency programme in order to attract investments from highly skilled and economically active individuals and grant them residence status in exchange for their social and/or economic contribution to the community.
An applicant that wishes to become a high value resident must meet the following criteria:
Once the entitled status is granted, applicants are free to rent or buy a qualifying property in Jersey and take residence there. Normally, the Population Office requires it to be a high-value property, i.e. valued over £1.75 million.
Successful applicants will also need to obtain a social security number and registration card.
Jersey offers ideal business and taxation environment for businesses to invest, grow and prosper. The government provides necessary support and incentives to encourage businesses to move offshore.
Jersey is a global hub for financial, legal and other professional services.
There are two ways to acquire a business licence and start a business on the island.
1.An applicant must have been resident in Jersey for 5 years (for third-country nationals, please refer to High-value residence programme above), or
2.The business must have social or economic value, such as the amount of taxes paid, creation of high-value jobs and/or training opportunities for islanders, offering graduate and school leaver opportunities, using local service providers, etc.
Once you obtain a licence you can set up a business and employ staff. You must also register the business with the Companies Registry as well as Income and Tax Social Security. And our team can provide support during the whole application process and for the post-approval procedure.
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