UK Nationals based in the Cayman Islands seeking finance of £700,000 to assist with the purchase of two North London apartments on a buy to let basis.
Guernsey is somewhat overshadowed by its neighbour Jersey. Guernsey provides a base for many of the world's respected financial institutions. This type of offshore company can be used for all types of purposes including investment and holding. Disclosure of the beneficial owners is required to the Guernsey authorities.
In terms of its political, legal and fiscal standing, Guernsey is very similar to Jersey. Another of the British Channel Islands Guernsey also benefits from a consistently low tax status and as a result it has established a very strong reputation internationally as an excellent offshore jurisdiction and financial centre which has resulted in strong inward investment, incredibly low unemployment and Guernsey is now home to Europe’s largest captive insurance sector. Add to this its strengths in banking, funds and trusts and the fact that the stock exchange for the Channel Islands has its home in Guernsey and you can see it is a very interesting and dynamic offshore jurisdiction.