Isle of Man as an Offshore Tax Haven

There are several tax favoured areas around the world, but none can rival the significant advantages provided by the Isle Of Man as an offshore money centre. The Isle Of Man enjoys exceptional political and economic stability, as exemplified by a history of over 1000 years of continuous parliamentary government, the longest unbroken period of government in the world.

In matters of direct taxation and fiscal affairs, the Isle Of Man is independent of and not subject to laws passed by the United Kingdom Parliament and there is no obligation to bring its tax system into line with those of the European Communtiy Members.

Offshore investments in the Isle of Man incur no liability to taxes on investment income or capital gains, so whether you're seeking, pure capital growth, pension planning for your retirement or the latest portfolio management strategy, you can have the confidence of receiving tax free growth on your capital in one of the worlds most secure offshore investment centres. Isle of Man is indeed a tax efficient money centre.

Under the Manx Policy Holders Compensation Scheme, administered and managed by the Isle Of Man Insurance Authority, policy holders are guaranteed a sum equal to 90% of their intended benefits should a company be unable to meet its liabilities.

Isle Of Man law strictly forbids insurance institutions, although now not banks, from disclosing details of non resident clients and their dealings to any third party (including a tax authority) of any other country. This means that clients are assured of complete confidentiality.