Offshore Jurisdictions
Offshore jurisdictions have developed specialist services and facilities that can, with proper professional advice, offer fiscal and legal advantages to residents of other jurisdictions.

With so many offshore jurisdictions to choose from, each with its own strengths and weaknesses, it is important to select the one most suitable to your unique requirements.
Some factors to bear in mind include the legal system, political and economic stability, professional infrastructure, regulatory environment, time zone and up-to-date telecommunications.

The Channel Isles
The Channel Islands are located in the Bay of St. Malo in the English Channel. They comprise of the following islands: Guernsey, Alderney, Herm, Jethou, Sark and Jersey.

Jersey
Jersey is a dependent territory of the English Crown, but has its own government and complete autonomy in domestic and fiscal matters. Jersey enjoys some privileges of EU association via its relationship with the UK, without being subject to any directive relating to fiscal or financial services. Jersey is a low tax jurisdiction and depending upon investors' circumstances this can hold potential benefits for individuals and corporations.

Guernsey
When Close launched its operation on Guernsey, in 1965, we were the second Merchant Bank established on the island. Today there are more than 75 banking institutions operating there.

Guernsey also is a dependent territory of the English Crown, and again has its own government and complete autonomy in domestic and fiscal matters. With similar fiscal and financial legislation to Jersey, Guernsey’s sophisticated infrastructure and regulations (including stringent investor protection and trust law), together with its stability, provides clients with a high level of security and confidentiality.

Isle of Man
The Isle of Man is a long established international financial centre and is located centrally within the British Isles between Great Britain and Ireland. The island is an internally self governing dependency of the British Crown however the UK Government is responsible for the external affairs of the Island such as defence and foreign representation. Close Wealth Management Group can trace its roots in the island back to 1976.

The Island has enjoyed long term political and economic stability which has been the responsibility of the Isle of Man's own Parliament, Tynwald. Established over 1000 years ago, Tynwald is the oldest continuous democratic government in the world and makes its own laws and oversees all internal administration, fiscal and social affairs. As part of the Isle of Man Government's commitment to maintain the well respected profile of the Island, it is committed to firmly establish the Isle of Man as a leading e-commerce platform in the offshore world.

The Isle of Man is not part of the European Union. However it enjoys a special relationship with the Union to freely trade goods through Protocol 3 to the United Kingdom's Treaty of Accession.


Guernsey Address
Trafalgar Court, Admiral Park, St Peter Port, Guernsey, Channel Islands

Isle of Man Address
St. Georges Court , Upper Church Street, Douglas, Isle of Man, IM99 1RB

Jersey Address
Kingsgate House, 55 Esplanade, St Helier, Jersey, Channel Islands