The Isle of Man offers a blend of natural beauty, rich history, and modern convenience. With stunning landscapes, a strong sense of community, excellent schools, and low crime rates, it’s an ideal place for families and professionals alike. The island’s favourable tax regime, with no capital gains or inheritance tax, adds financial appeal. Well-connected to the UK and Europe, the Isle of Man provides a peaceful lifestyle with easy access to international hubs, making it a perfect place to live and work.
Here is the infographic comparing the tax rates and benefits between the Isle of Man and other jurisdictions, showcasing corporate tax rates, personal income tax rates, capital gains taxes, and inheritance taxes. The Isle of Man’s favourable tax regime is clearly illustrated, making it an attractive destination for businesses and individuals.
The Employee Relocation Incentive (ERI) provides businesses with a 20% grant, up to £10,000, to assist with the costs of relocating skilled employees to the Isle of Man. It is available for companies in sectors such as finance, digital, construction, manufacturing, and tourism. To qualify, employees must earn a minimum salary of £25,000, work primarily on the island, and become a tax resident. The ERI is designed to attract skilled talent to the island and support business growth.
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