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Guide to property investment in the Isle of Man

Known as ‘The Jewel of the Irish Sea’, the Isle of Man is situated in the Irish Sea between England and Ireland. Measuring 33 miles long and 13 miles across at the widest point, the island has a population of just over 80,000.

The Isle of Man’s diverse economy is based around financial services and high-value sectors such as aerospace, clean tech, egaming, financial services, telecommunications and the space industry. The island has posted average annual growth of around six per cent for more than 25 consecutive years, making it one of Europe’s most successful economies.

Favourable taxation structures

The Isle of Man’s economic diversity, favourable taxation structures, political stability, AA+ Sovereign Credit Rating, world-class telecommunications infrastructure and highly skilled workforce have all helped secure its reputation as a leading international centre and business-friendly environment and one of the highest quality of life destinations in Europe.

The island’s unspoiled countryside, diverse career opportunities, excellent standards of healthcare and education, suitability for family life and the lowest crime rate in the British Isles, resulted in the Isle of Man scoring the highest ever rating polled by MORI in its survey of ‘best places to live’. There is also no capital transfer tax, surtax, wealth tax, death duty, capital gains tax, gift tax or Stamp Duty on property purchases.

Vibrant cultural scene

The island’s vibrant cultural scene offers everything from operatic and classical music recitals, to plays and musicals. The island’s famous Blues festival attracts performers from around the world and its theatres and concert venues regularly attract stars from the worlds of comedy, dance and popular music.

For an island measuring just 33 miles long by 14 miles wide, the Isle of Man boasts nine golf courses, which attract golfers from across the UK and Ireland. Around 300,000 tourists visit the island each year, contributing almost £90 million to the economy.

Travel links to and from the island are excellent. The flight time to London is just over an hour and there are also daily flights to Belfast, Birmingham, Bristol, Dublin, Edinburgh, Gatwick and Leeds/Bradford. Ferries also operate between Belfast, Dublin, Heysham and Liverpool with sailing times of between 2 and four hours. 

View investment property for sale in the Isle of Man

Top 5 reasons to invest in the Isle of Man

  • Economically and politically stable location
  • High value industry sectors
  • Excellent transport links
  • High demand for rental accommodation
  • Average weekly earnings 20% higher than UK

Contact our Isle of Man property investment team to find out more