The Isle of Man is acknowledged as being one of the leading offshore international finance centres in the world. There exists modern well-structured and well-regulated financial services legislation.
The Isle of Man
A Strategic Location for Global Business
Location
The Isle of Man is situated in the Irish Sea, midway between the coasts of England, Ireland, Scotland, and Wales. It is ideally located for furthering business in Europe, and due to its central position in the World Time Zones, Island based businesses are well placed to communicate with all parts of the world during normal working hours.
Language
Being part of the British Isles, the language used is English. Historically the inhabitants, the Manx, spoke their own Celtic language, but nowadays it is only usually heard on ceremonial occasions or in the home.
Population
The population in the Isle of Man is relatively small for its size and at the last census numbered just over 84,000 people.
Government
Tynwald, the Island’s Parliament, has over 1,000 years of unbroken rule and is the oldest form of continuously operating government in the world. This political stability enables the Government to give continued support to the development of the Island’s economy.
Legal System
The Isle of Man is a Common Law jurisdiction, and its legal system is very similar to that of the United Kingdom, with the ultimate right of appeal being vested in the Sovereign’s Privy Council.
Financial Status
