The Isle of Man
The Isle of Man is an established international finance centre with a secure base built upon political stability, economic independence, low taxation and a firmly established fiscal and regulatory environment. The sophistication of the Island as an international finance centre is fully supported by a modern infrastructure and the Island is one of the few such centres whose government objectives for economic growth are matched by the space and labour resources needed to sustain them.
The emergence of the Isle of Man as a major international finance centre has come about largely as a result of the Isle of Man Government's willingness to attract business by implementing facilitative legislation where appropriate and refining the existing legal position in other cases. The result is a sophisticated but flexible regulatory environment within which to do business.
The Isle of Man Government has introduced new investment and taxation vehicles, together with a new and dynamic taxation strategy. Additionally, to encourage inward investment further, the Isle of Man Government has embarked upon a strategy to establish the Isle of Man as a leading e-commerce platform in the offshore world.
Modern infrastructure coupled with experienced professional services mean the Isle of Man is a mature financial centre offering low establishment and operating costs in an attractive tax environment.
The Island's positive image had been further reinforced by Moody's and Standard & Poor's "AAA" accreditation. Other accolades include the Isle of Man being awarded "Best Offshore Financial Services Centre" by International Money Marketing and "Best Offshore Location for Investment Business and Life Assurance Business" by the Financial Times.
- 21 years of economic growth averaging 7.4% over last 10 years
- Population of 76,315
- 0.09% unemployment
- GDP 106% of the UK
- Rated AAA since 2000
- No national debt
- 93% satisfied or very satisfied with the Isle of Man as a place to live
|
