General program requirements

To be eligible to apply for High Value Residency you must be able to demonstrate:

– That your presence is a benefit to Jersey (economically or socially);
– The ability to generate an annual minimum tax contribution of £170,000;
– Annual worldwide income comfortably in excess of £850,000 a year;
– Possess net assets of at least £10 million.

Upon successful application, you are expected to either buy or rent a high-value property, with a market value of no less than

– £2.5 million for a house
– £1.25 million for an apartment

Meeting the financial requirements is not alone sufficient to qualify. The government takes a qualitative approach to the evaluation of each applicant. Other factors taken into account include:

– Business contributions and/or voluntary work in the local community;
– Sporting and/or training initiatives e.g. for educational organisations or young people;
– Positive media coverage of activities undertaken (business or social).
– Potential negative media coverage, including past events outside of the Island;
– Any undesirable or negative factors in your background (e.g. criminal record);
– Your family and your general lifestyle;
– Past charitable contributions or work;
– Skills or cultural interests which could benefit the Jersey community;
– The impact your residency will have locally; and
– Your plans for business activity in Jersey including:

Training;
Diversification;
Employment; and
Associated tax revenues.

Tax requirements

High Value Residents in Jersey must pay a minimum annual tax on income of £170,000. 

On the first £850,000 of income, the resident pays a flat 20% tax on worldwide income. Worldwide income above £850,000 is subject to 1% income tax.

Program benefits

• No investment or donation requirement;
• Path to citizenship;
• Permits dual/multiple citizenship;
• Lower taxes;
• Safety and security;
• Enhanced education opportunities;
• Enhanced business access to large economies;
• Short processing time;
• English as official language;
• Access to UK and Ireland Common Travel Area

Requirements to qualify for citizenship

The permits have a one-year validity and are renewable indefinitely. Following five years of continuous residency, the applicant may apply for Indefinite Leave to Remain (permanent residency). After holding ILR for 12 months, the applicant may apply for citizenship.

Applications for this program may be directed to:

Locate Jersey

Legislation upon which this program is based:

Article 135A of the Income Tax Law