Status: Self-governing Crown Dependency Location: In the Bay of St Malo, 166km south of England. The biggest of the Channel Islands. Area: 116km2 Capital: St Helier Population: 84,082 Business language: English Currency: Pounds sterling, local currency Time zone: GMT and BST Business hours: Mon-Fri 9am to 5.30pm Climate: Temperate.
Average temperatures of 8ºc in winter and 21ºc in summer.
The Jersey Chamber of Commerce
Tel: + 44 1534 24536/871031
Fax: + 44 1534 34942
Chief Advisor to the States of Jersey
PO Box Box 140
Tel: + 44 1534 603000
Jersey Financial Services
PO Box 267
Tel: + 44 1534 822000
EXPAT EMPLOYMENT DETAILS
Work permits are not required for EU nationals but permission must be obtained from the housing committee to rent or purchase property.
Good communications have been an important factor in Jersey's growth. Frequent flights to England and France offer fast and easy access to the City of London and European markets. Jersey also has excellent telecommunication links.
POLITICAL AND ECONOMIC STABILITY
Jersey has a strong economy with no public debt, a high standard of public and private services and a high standard of living. Political stability in the absence of political parties, combined with a low-tax status and appropriate economic policies have proved attractive to potential investors and companies. Jersey has a special relationship with the EU.
Traditionally attracting high net worth individuals, Jersey now has a large and active finance sector serving the needs of private individuals and corporate bodies worldwide.
ADVANTAGES OF JERSEY
Over 30 years of quality service.
High standard of investor protection.
Advantageous and stable regime "offshore Europe".
Commerical legislation meeting international standards.
Good relationship between Government and business.
The content of this factfile is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances
This factfile also appears in the 'International Offshore and Financial Centres Handbook 1999/2000'. For further information about this highly informative guide to offshore centres, or to order your copy, please phone +44 (0) 207 820 7733 or send an email to firstname.lastname@example.org
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The claim followed the conclusion of two years of litigation (ORD 12/0035 & ORD 12/0034) between the parties in respect of the Bank's contractual claim for amounts owed by TSEL to the Bank pursuant to certain business loans.
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