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Kevin Le­mas­ney of Lo­cate Jersey re­veals why so many global ex­ec­u­tives de­cide to re­lo­cate to the is­land

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Kevin Le­mas­ney of Lo­cate Jersey re­veals why so many global ex­ec­u­tives de­cide to re­lo­cate to the is­land

Po­lit­i­cal sta­bil­ity and a ma­ture, dy­namic econ­omy com­bine with scenic beauty to make Jersey a great place to live for glob­ally mo­bile ex­ec­u­tives. Con­ve­niently lo­cated just a short flight away from Lon­don and a few miles off the French coast, the is­land is both an ideal lo­ca­tion from which to run in­ter­na­tional busi­ness en­deav­ours and a safe, at­trac­tive base to raise a fam­ily, which is why grow­ing numbers of high-net-worth in­di­vid­u­als (HNWIS) are choos­ing to call it home.

Last year, Lo­cate Jersey, a gov­ern­ment team re­spon­si­ble for help­ing HNWIS and busi­nesses move to the is­land, re­ceived more than 250 en­quiries—de­spite ex­ter­nal global pres­sures—which re­sulted in 42 High Value Res­i­dency and in­ward in­vest­ment Busi­ness per­mis­sions be­ing granted. the signs are that 2017 will be equally suc­cess­ful.

Peo­ple mov­ing to Jersey come from a va­ri­ety of back­grounds—from the dig­i­tal sec­tor to fund man­age­ment and the nat­u­ral- re­sources in­dus­try—and places, in­clud­ing Lon­don, aus­tralia and Hong Kong. among those who chose to set­tle on the is­land is James Ver­non (above right), for­merly the chief op­er­at­ing of­fi­cer of one of Europe’s biggest hedge funds and now a di­rec­tor of the Jersey busi­ness. Hav­ing pre­vi­ously lived in the South of France, the Ver­nons felt they needed to re­turn to an English-speak­ing ed­u­ca­tion sys­tem in time for their chil­dren’s ex­ams. ‘a col­league sug­gested Jersey,’ says Mr Ver­non. ‘i’d vis­ited the is­land many times through my work and we had hol­i­dayed there two years ear­lier and loved it.’

With the sup­port of Lo­cate Jersey and a lo­cal es­tate agent, the fam­ily be­gan vis­it­ing schools and look­ing for prop­er­ties, ul­ti­mately buy­ing a his­tor­i­cal house used by Ger­man sol­diers as a head­quar­ters dur­ing the is­land’s oc­cu­pa­tion. ‘the prop­erty as a whole re­quired a great deal of ren­o­va­tion. We were ini­tially con­cerned as to whether we would find the cal­i­bre of architects and spe­cial­ist build­ing teams re­quired for the project on Jersey, but it turns out that we need never have wor­ried.’

From a busi­ness per­spec­tive, Mr Ver­non found that, along­side ben­e­fit­ing from one of Europe’s most at­trac­tive and sta­ble fis­cal regimes, Jersey of­fered him a well-es­tab­lished pro­fes­sional-ser­vices in­fra­struc­ture with funds ex­per­tise, a busi­ness-fo­cused, in­de­pen­dent gov­ern­ment and good con­nec­tions to Lon­don and ma­jor UK and Euro­pean hubs.

above all, how­ever, the is­land al­lowed him to strike the right work/life balance he needed both for him­self and his fam­ily. ‘on a per­sonal level, i’ve trans­formed my level of fit­ness. i live a re­laxed, ru­ral life­style and i now jog or cy­cle to work, along a route that runs next to the sea. it’s a great way to start and end a work­ing day.’ For more in­for­ma­tion, tele­phone Lo­cate Jersey on 01534 440604 or visit www. lo­cate­jer­sey.com/ cl517

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