Paying tax in Jersey

Benefitting from Jersey's favourable tax treatment on worldwide income is a compelling incentive for high-value residents considering relocation. To navigate this advantage effectively you need expert guidance.   

Ogier's High Value Residency team provides the legal advice needed to navigate Jersey's regulatory landscape effectively. While it's essential to consult with a tax professional for specific financial advice, our expert Relocations team will ensure you not only comply with local laws but also make informed decisions that align with your high value residency status. 

For high net worth individuals, a preferential tax rate applies: 20% on the first £1.25 million of annual worldwide income, with a 1% rate on any income exceeding this amount. The minimum annual tax contribution is set at £250,000. Notably, Jersey imposes no Capital Gains (including Capital Gains tax on carried interest) or Inheritance taxes. The corporate tax rate is 0%, and the Goods and Services tax stands at a modest 5%. 

Ogier is ready to assist with the legal and regulatory elements of your move to Jersey, including property acquisition, estate planning, and the establishment of related businesses. 

In addition, as your trusted legal adviser, Ogier is well placed to connect you with local accountants, bankers, trust, and investment specialists who can further assist in structuring your wealth for optimal benefit.