The island offers attractive tax caps on the amount of income tax payable by residents and has:

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‘Resident only’ individuals are taxed on their worldwide income or they can elect to be taxed on their Guernsey source income only and pay a standard annual charge of £40,000.

Guernsey residents falling under one of the three residence categories above can pay 20% tax on Guernsey source income and cap the liability on non-Guernsey source income at a maximum of £150,000 OR cap the liability on worldwide income at a maximum £300,000.

New residents to Guernsey, who purchase an ‘open market’ property, can enjoy a tax cap of £50,000 per annum on Guernsey source income in the year of arrival and subsequent three years, as long as the amount of Document Duty paid, in relation to the house purchase, is at least £50,000.



No capital gains taxes
No wealth taxes
No inheritance, estate or gift taxes
No VAT or sales taxes
Immigration to Guernsey

The following individuals do not generally need permission from the Guernsey Border malta mobile database Agency to move to the Bailiwick of Guernsey:

British citizens.
Other nationals of Member States of the European Economic Area and Switzerland.
Other nationals who have permanent settlement (such as indefinite leave to enter or remain in the Bailiwick of Guernsey, United Kingdom, Bailiwick of Jersey or the Isle of Man) within the terms of the Immigration Act 1971.
An individual who does not have an automatic right to live in Guernsey must fall within one of the categories below:

Spouse/partner of a British citizen, EEA national or settled person.
Investor
Person intending to set themselves up in business.
Writer, artist or composer.