Guernsey Residency

Residency requirements.

Although there are no restrictions on owning property in Guernsey, there are restrictions on occupation. ... Local Market properties in general can be occupied by people who were born in Guernsey, or for those who, although not born in Guernsey, have lived here for a number of years

Pathway to Residency

Real Estate.

In simple terms, for people wishing to live in Guernsey who do not have an existing right to live in a Local Market property, the Open Market is often the ‘route in’ to establishing residency. People who are coming to Guernsey to work in full time employment and where their employer has an employment permit for their post, can live in either Guernsey’s Local or Open Market.

Investment.

In order to apply for Guernsey residency, the applicant must have £1m available and under their control. Make an investment of at least £750,000 for the benefit of the Bailiwick of Guernsey. There are three investment options offered:

·         Deposit in a Guernsey bank;

·         Purchase and maintenance of another Open Market property;

Another opportunity approved by the States of Guernsey

Entrepreneur visa route

Applicants must invest £200,000 in a new or existing Guernsey company under the entrepreneur visa route. The funds must be in the applicant’s name and ready to be invested.

Requirements

·         The applicant must manage the company themselves and be involved full-time.

·         The applicant must have a controlling or equal interest in the business.

·         Evidence that the business will create jobs and be economically beneficial for the state.

·         Business experience.

·         Valid business plan.

·         Self-sufficiency without recourse to public funds.

·         New businesses must be registered with the Income Tax Office.

Contribution.

Applicants must invest £200,000 in a new or existing Guernsey company under the entrepreneur visa route

Commitments.

·         Intention to settle in Guernsey

·         Self-sufficiency without recourse to public funds. 

 

Contact us and register your requirements