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Thrive in Business

Renowned for innovation, stability and professionalism

The Isle of Man is a leading international business centre which is renowned for innovation, stability and professionalism.

The Island’s mature and globally connected financial sector ensures that there is a comprehensive range of services on offer for those considering relocating their existing business or establishing a new operation in the Isle of Man. Commercial activity within the Island spans a wide range of sectors, including: aviation, digital media, e-business and e-gaming, fintech and emerging technologies, manufacturing, clean-tech, BioMed and the visitor economy.

As a ‘first mover’ in a number of areas of business and with a history of entrepreneurialism, the Isle of Man has a natural taste for innovation and collaboration. By investing and doing business in the Isle of Man, you are joining a community of like-minded individuals who think differently and get things done. The Department for Enterprise offers a wealth of support via business Grants and Assistance, and last year invested over £4.5m in local business.

  • 92% recommend the Isle of Man as a good place to do business

  • In the top 10 registries for businesses and private jets

  • Financial assistance for business relocating to the Island

Well Connected

The Isle of Man is centrally located in the Irish Sea and benefits from more than 200 flights per week, providing direct links to the UK and Ireland, and connections to the rest of the world.

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Space to Breathe

In the Isle of Man, we appreciate that life is about more than just boardrooms and meetings. Whether you want to live fast or take it easy, the Island offers an unbeatable quality of life. It also benefits from very low crime rates, making it one of the safest places to live in the British Isles.

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Reside in Tranquility and Privacy

At 33 miles long and 13 miles wide, you are never too far from home in the Isle of Man - in fact, the average commute time is just 20 minutes. Each of the Island’s unique towns and villages offer their own individual charm, whether a picturesque seaside village or a contemporary development in the heart of the capital, Douglas.

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A Place to Belong

Relocating with your family and settling into a new home can be challenging; however, the Isle of Man encourages its people to reach their full potential, at any stage of their life. Those calling the Island ‘home’ engage in a fast paced and vibrant global economy but live in an island that values community spirit.

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Simple, Unrestricted and Welcoming

Make the Isle of Man your home in a matter of weeks. The Isle of Man welcomes all new residents who are looking to invest in our economy and call the Isle of Man home.

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Key Employee Concession

The Key Employee Concession (`KEC’) can be extremely beneficial to new arrivals to the Island, if they are an entrepreneur setting up a new business, or a key employee being hired to develop or expand a new or existing company.

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Tax Cap Election

Alongside tax benefits including 0% capital gains, 0% corporate income tax and 0% inheritance / wealth tax, the Isle of Man offers a Tax Cap for new and existing resident individuals of £200,000 per annum, specifically introduced for those who have annual income such that their tax liability would otherwise exceed the Tax Cap.

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Meet the Team

Andrew Stewart
Head of Locate Isle of Man
Nick Preskey
Senior Manager Locate & Inward Investment
Laura Gill
Marketing Manager
Key Benefits

A unique combination of space to thrive, financial reward, simple taxation and a well-connected, safe community set within a sustainable UNESCO Biosphere.

  • Superb quality of life with space to breathe, space to thrive
  • Financially rewarding, exceptional business environment
  • Well connected to the UK and the rest of the world
  • Crime rates amongst the lowest in Europe
  • Rated best place to live in British Isles in the 2019 HSBC Expat survey
  • Key Employee Concessions
  • Low tax rates, 0% capital gains tax & Tax cap of £175,000
  • Financial assistance available for relocation businesses

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