Channel Islands

Jersey and Guernsey are the principal islands of the Channel Islands, which form part of the British Isles. Located off the coast of Normandy they are readily accessible from the UK mainland and Europe – London and Paris each being only about an hour away. With a population of approximately 90,000 people, Jersey is the larger island, while Guernsey has a population in the region of 60,000.

Both islands are major international offshore financial centres and offer excellent employment opportunities and high quality work, particularly in the areas of banking, corporate, employment, funds, litigation and trusts. Many of the lawyers practising here are from top London firms and enjoy equivalent standards of professionalism and remuneration.

After taking into account the beneficial tax regime, salaries in the Channel Islands are roughly commensurate with London City rates (although, perhaps, falling short of Magic Circle rates). There are no capital gains, inheritance, gift, sales or purchase taxes and income tax is fixed at 20%. The cost of living is generally less than that of the mainland UK with the exception of accommodation which is generally comparable to that in London (though also subject to certain restrictions with regard to purchase and renting).

All in all, the Channel Islands provide an ideal opportunity for lawyers seeking a high quality work/life balance, at the gateway to Europe. Billing targets are considerably less than those expected in the City and a commute to the office is likely to consist of no more than a 10 minute stroll along the waterfront. The islands have spectacular scenery with some of the best beaches in Europe, excellent schools and an extremely low crime rate. What’s not to like?

To discuss opportunities, or for more general advice about moving to the Channel Islands, please contact Pandora Howles at the London office of Hughes-Castell.