Why move to the Isle of Man?
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The Island is beautiful. It has some fabulous scenery, enchanting glens, miles of uncrowded beaches, medieval castles, Victorian railways and trams and beautiful parks and gardens.
The National Anthem boasts it is the Gem of God's earth.
You can find the Island in the Irish Sea between England, Scotland, Ireland and Wales, it is less than 60 miles west of the Lancashire coastline and is easy to get to by air and sea.
It is a unique self-governing kingdom - a Crown dependency which belongs to neither the UK nor the European Union. It has its own parliament called Tynwald that is of Norse origin and more than 1,000 years old, making it the oldest parliament in the world with an unbroken existence. The island has its own laws, currency, traditions, culture and postage stamps.
The Three Legs of Man is the island's symbol of independence. While there is much local argument about which way the legs run (officially it is clockwise), the symbol's meaning is undisputed: Quocunque Jeceris Stabit – Whichever way you throw me I stand.
The Island is 33 miles long, 13 miles wide and covers an area of 227 square miles. It has a population of more than 80,000.
The thriving east coast town and port of Douglas is the capital. Other popular towns and resorts are Port Erin, Ramsey, Peel, Castletown, Port St Mary and Laxey.
There is first class entertainment at venues such as the beautifully restored Victorian Gaiety Theatre, recently built Villa Marina, Palace Cinema and Erin Arts Centre.
For the sporty there is the Isle of Man TT, the Manx Grand Prix and countless opportunities for first-class angling, golf and watersports.
One of the unique aspects of the Isle of Man heritage is its remarkable Victorian transport system that is still going strong. Horse drawn trams operate in Douglas during the summer and there is the Isle of Man Steam Railway, Manx Electric Railway and Snaefell Mountain Railway.
Family life enjoys many benefits including good housing, education and health services, accessible activities, room to move and relative safety.
The South of the island is popular for its scenery, good schools and proximity to the airport though attractive areas such Derbyhaven, Castletown, Port St Mary and Colby can command high house prices. Other sought-after areas further north include Union Mills, Glen Vine and the seaside village of Laxey. Slightly cheaper properties are more likely to be found on the new estates and older terraces of suburban Douglas, Foxdale, Ramsey and Peel.
Financially the Isle of Man is very attractive. There is no capital gains tax, no inheritance tax and no stamp duty.
Single people pay tax at 10 per cent on the first £10,500 of taxable income and 18 per cent on the balance up to the cap. Married couples pay tax at 10 per cent on the first £21,000 of joint taxable income and 18 per cent on the balance up to the cap.
The personal allowance for a single person is £9,200 and for a married couple £18,400.
The combined married couple’s allowance is fully transferable between husband and wife. Personal income tax is capped at £100,000 per individual.
For more details visit http://www.gov.im/treasury/incometax
Employment on the Isle of Man is regulated by the Control of Employment Acts. Under the provisions of these Acts, any person who is not an Isle of Man worker requires a work permit, which is issued by the Work Permits Committee of the Department of Trade & Industry before taking up employment in the island.
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