Guernsey is considered to be one of the most stable and secure offshore financial centres and as one of the Channel Islands is ideally situated being close to mainland Europe yet less than sixty minutes away from the UK by air.

It has the benefit of excellent postal and communication services and many of the world’s major banks and financial institutions have a presence in the Channel Islands.

Guernsey has its own Parliament, laws and system of taxation. There is no capital gains tax and non-residents (which includes trusts administered for the benefit of non-residents) do not pay income tax on bank interest arising in Guernsey.