History of the 1(1)K Policy
Produced by the
Treasury and Exchequer
Treasury and Resources
and published on
05 Oct 2010
Prepared internally, no external cost
Download history of the 1(1)k policy (size 80kb)
The history of the policy which gave residential status to those persons who were deemed to be of economic or social benefit to the island or Article 1(1)k of the Housing Regulations.
Please note that 1(1)(k) refers to the housing consent term given to High Net Worth residents and derives its name from Jersey’s old Housing Law. From 1 July 2013, the new Control of Housing and Work (Jersey) Law was introduced and the 1(1)(k) consent was replaced by the 2(1)(e) consent, more commonly referred to as High Value Residency (HVR). Amendments to various legislation referring to 1(1)k will be updated in due course.