Move to Guernsey: The Channel’s island gem

With rising taxes and economic uncertainty in the UK, more individuals and businesses are exploring relocation options. While offshore hubs like Dubai might dominate the conversation, more people than ever are looking closer to home—to the Channel Islands. Guernsey, in particular, offers financial stability, an excellent quality of life, and easy access to the UK

With a low-tax regime, a well-regulated financial sector, and a strong entrepreneurial community, Guernsey has long appealed to professionals, high-net-worth individuals, and business owners. It offers a rare combination of stability and flexibility, creating a pro-business environment with minimal bureaucracy.

A key part of this appeal is Guernsey’s internationally respected regulatory framework—strict enough to maintain credibility yet pragmatic. Businesses benefit from clear, efficient rules without excessive red tape, making the island an attractive base for startups and established firms.

The tax system is another major draw. Guernsey operates a flat 20% income tax rate, with generous caps for high earners. There are no capital gains, inheritance, or wealth taxes, and most businesses pay 0% corporation tax, though some, including financial services and utilities, may be taxed at 10% or 20%. For many, this predictable tax structure is a deciding factor when relocating.

But Guernsey’s appeal goes beyond taxation. Its well-connected business community and accessible decision-makers make networking and relationship-building easier. Strong infrastructure, with island-wide 5G expected by 2026 and regular flights to London Gatwick and London City, ensures smooth business and travel connections.

For many, however, the biggest advantage is the quality of life. Guernsey offers low crime, a strong community, and a work-life balance that’s hard to match. While it may not have year-round sunshine, its mild climate and coastal scenery create an outdoor lifestyle that many find appealing. Scenic cliff walks, sailing, and paddleboarding are everyday activities, and short commutes mean more time for leisure.

For families, education and healthcare are key considerations. Guernsey’s education system mirrors the UK’s, with free state schooling up to 18 and three private colleges for children from 2½ upwards. Healthcare follows UK best practices, though it is not part of the NHS. Primary care is private, but specialist secondary care is covered by the States of Guernsey, ensuring high standards of medical services.

Relocating is straightforward for British and Irish citizens, as no visa is required, but the island has a two-tier property market. The Local Market is mainly for those who are locally born or who are taking up “essential employment”, while the Open Market is smaller but is available to newcomers and High Net Worth Individuals, albeit with slightly higher prices.

While smaller than major cities, Guernsey offers a thriving cultural and social scene, with excellent restaurants, local markets, and year-round events. The island’s close-knit community fosters meaningful connections, and its welcoming atmosphere makes settling in easy. Many find the slower pace refreshing, with more time to enjoy life outside of work.

For those ready to make the move, Locate Guernsey—a government-backed agency—provides free, personalised support to ensure a smooth transition. From handling formalities and registrations to facilitating networking and settling-in events, it helps new residents and businesses integrate seamlessly into the joys of island life.

With its financial incentives, professional opportunities, and exceptional quality of life, Guernsey is an attractive choice—but relocating anywhere requires careful consideration. Understanding the practical, financial, and social aspects is key, and expert guidance can make all the difference.

Further information
locateguernsey.com

Additional reporting: Jennifer Small