Moving to Jersey as a high net worth individual (HNWI)
Jersey welcomes applications from highly skilled and economically active high net worth individuals (HNWIs) through its High Value Residency (HVR) programme.
The programme has operated since the 1970s. Around 260 families currently live in Jersey after relocating through the scheme.
Find out more about living and working in Jersey on the Locate Jersey website.
Being granted residency as a HNWI
We may grant entitled residential status to a HNWI if your application:
- offers a social or economic benefit
- is in the best interests of the Island community
The programme is not a citizenship by investment scheme. If approved, you must also have UK immigration clearance to live and work in Jersey.
Read about residential and employment statuses and what they mean.
Tax and property rules
If you are granted entitled status through the programme:
- you pay a 20% tax rate on the first £1.25 million of worldwide income
- you pay 1% tax on any income above £1.25 million
- you can buy residential property valued at:
- more than £3.5 million for a house
- more than £1.75 million for an apartment
How to qualify for residency
Each application is considered on the financial and social contribution you could make to the Island. Key factors include:
- annual worldwide earnings well above £1.25 million, guaranteed for at least 10 years, to support a minimum tax contribution of £250,000 under Article 135A of the Income Tax (Jersey) Law
- experience in innovative or diversifying businesses
- a history of, or plans for, locally focused philanthropy or investment
- wider voluntary, charity or community involvement
How to apply
Contact the Head of High Value Residency, Dirk Yoni Danino-Forsyth by email at D.DaninoForsyth@gov.je for a confidential, no-obligation discussion.
You can also contact Locate Jersey who can advise and assist you through every step of relocating to Jersey as an HNWI.
High Value Residency data
The number of High Value Residency applications (year to date).
Source:
High Value Residency applications
Not all applications are approved in the month in which they are made, and so are carried over to following months. Some applications may be withdrawn during the process, resulting in fewer approvals than initial applications.
Those who have left the programme may have done so for various reasons; leaving the Island, moving to a licensed permission, becoming qualified after ten years, through death, or through being removed from the scheme.
gov.je