Offshore Jurisdictions of the British Isles
The main British Isles offshore jurisdictions are Jersey, Guernsey and the Isle of Man with Jersey by far the largest in terms of its offshore deposits and mutual funds.
With total assets valued at around 329 billion Euros, Jersey is over twice the size of Guernsey and almost ten times the size of the Isle of Man in asset terms.
Since 1999 consumer interest in the offshore jurisdiction of the Isle of Man has been intensifying and as a result it is growing on average at a rate of 12% per annum. The Isle of Man is a dependency of the British Crown but has its own parliament which controls among other things taxation on the island. Britain is responsible for the defence and foreign affairs of the island which results in...
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