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Jason Woodhard, Business Development Manager at Butterfield Bank, Guernsey

Guernsey team to show London audience the benefits of relocating

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A team from Guernsey is hosting a seminar next month to show a select London audience the attractions of relocating to the Island.

Representatives from Butterfield Bank, KPMG Channel Islands and Guernsey estate agents Swoffers are holding the event to show the benefits for both individuals and businesses of moving to the Island.

The seminar is titled ‘Guernsey, the right destination for you?’ and takes place from 5pm until 7pm on Monday 6th June at the London offices of Butterfield Private Bank.

Jason Woodhard (pictured), Business Development Manager at Butterfield Bank in Guernsey, says: “The aim of this seminar is to show high net worth individuals and their advisers the potential attractions of relocating themselves and their businesses to Guernsey. There is a growing body of research which shows that increasing numbers of wealthy individuals and entrepreneurs are considering leaving the UK. What we want to do is raise the profile of Guernsey as an option and if possible, bring about relocation to the Island.”

Woodhard will start the presentation by providing a general introduction before handing over to Matthew Henry, Managing Director and Shauna Clapham, Director at Swoffers, Guernsey’s largest estate agency.

Henry says: “What we will be looking to do is set the scene by providing background information about the Island and in particular the housing market. We will then take a closer look at the lifestyle in Guernsey because the beaches, boats, restaurants and climate are very attractive to a great number of people, although you have to embrace living on an island albeit with very good transport links to the UK and the continent.

“Of course, in recent years we’ve seen the likes of Formula 1 driver Jenson Button, venture capitalist Guy Hands and Carte Blanche Greetings founder Stephen Haines take up residence in the Island. This is all very much in the public domain but there are also other individuals who have moved to Guernsey in a less high profile manner and indeed, that sort of relaxed and laid back attitude can be very appealing.”

Tony Mancini, Tax Director at KPMG in Guernsey, will present on the fiscal benefits of moving to Guernsey, especially in comparison with other alternatives.

Mr Mancini said: “I will be following on from Matthew and Shauna and really my first comment follows directly from what they are talking about in terms of lifestyle – taking up residence in Guernsey really does mean moving here and so you have to like the Island and not just for any fiscal benefits, although these are not insignificant.”

Mr Mancini will be concentrating on how Guernsey’s tax regime for individuals and businesses compares favourably with regimes in several other potential relocation centres.

Mr Woodhard added: “We are really looking forward to the event. We have had good interest already from our contacts and we are waiting for responses from many more but if it is as successful as we hope we could roll this out further across the UK.”

The seminar takes place at the Butterfield Private Bank office at 99 Gresham Street, London, EC2V 7NG. The main presentation will be followed by drinks and canapés, providing the opportunity for networking and personal question and answer sessions.

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