Jersey is an international finance centre with 55 banks, over 33,000 registered companies and more than £150 billion deposited in the Island at any one time - 68% in foreign currency. Since Napoleonic times Jersey has attracted high net-worth individuals seeking to benefit from the Island's low income tax (20%).
Jersey’s Finance Industry provides 60% of our GDP and 60% of Government tax income. The finance industry is attracted to Jersey by the Island's stable government, our proximity to both the UK and continental Europe and low taxes. The industry did not exist prior to 1962, when the Island abolished the law that had restricted interest rates to 5%.
Please visit the links below for assistance on all matters financial.
