The Isle of Man has always been a popular holiday and short-break destination for those living in the North of England. However, many are now choosing to make a permanent move to the stunning UNESCO Biosphere-designated Island, with the oldest continuous parliament in the world, has some of the lowest crime rates in the British Isles.
One of the most uniquely beautiful places in Europe, the Isle of Man is a jewel in the Irish Sea, steeped in history, heritage and culture. At just 33 miles long and 13 miles wide, the Island offers a unique combination of space to thrive, financial rewards and a well-connected and safe community.
It offers an excellent quality of life in a truly stunning environment. In fact, the Island is the first entire nation to have been awarded UNESCO Biosphere status. With 95 miles of coastline and 32 stunning, unspoilt beaches, along with many sheltered bays to explore and enjoy, visitors and residents are spoilt for choice.
For those looking for more space in which to flourish and thrive, and considering making the Isle of Man their home, there are a range of properties at varying price points to buy or rent, including secluded country estates set in acres of grounds, character properties steeped in history, as well as modern, designer homes and apartments with stunning inland or coastal views. Unlike the Channel Islands, the property market is open and there are no restrictions on property purchases.
Residents also enjoy the peace of mind that the Island is one of the safest places to live in Europe with low crime rates, and where their children receive a high standard of education in the excellent public and private schools, as well as more time to pursue personal interests and passions outside of school.
The Island offers excellent connectivity with daily flights to 11 airports in the UK and Ireland including London, Liverpool and Manchester, a range of direct summer and winter flights to Europe, and daily ferry services to the northwest of the UK. Residents and visitors also have the option to utilise the Private Jet terminal, with executive lounges and crew rooms, and an abundance of helipads.
The Isle of Man is financially stable, offering a range of benefits. There are no capital gains, inheritance or withholding taxes, Corporate Income tax set at 0% for most businesses and a maximum personal tax rate at 21%, in addition to a maximum tax cap of £220k per individual and £440k per couple. The Island is forward-thinking, innovative and politically progressive and welcomes individuals, couples, families and entrepreneurs who want to live, work and immerse themselves in all it has to offer.
The Isle of Man is home to a diverse and thriving economy, with internationally recognised strengths in financial and professional services, insurance, e-business, engineering and manufacturing, as well as fast-growing sectors such as fintech, cleantech and biomedical technologies. There are generous incentives available for relocating businesses. Individuals can also fulfil career aspirations and pursue a range of opportunities across the public and private sector, whilst benefitting from a better work-life balance.
There is a Manx saying, ‘Traa-dy-Liooar’, which means ‘Time enough’, and with the average commute being just 20 minutes, the Isle of Man allows those who live there, to let go of stress, enjoy extra downtime and embrace life to the full.
Another advantage to living in this beautiful island location is the shorter commute times, allowing more time to enjoy time outside of work, whatever the hobby or interest.
Whilst the Island is small, there is a true feeling of calm and space. Much of the Island is uninhabited, with green open space in abundance, some of which boasts the eight stunning golf courses Island-wide, all of which are playable all year round. The award winning, uncrowded courses, offer a mix of coastline and inland views, and guaranteed to challenge the most discerning golfer.
Given the vast coastline, it should come as no surprise that the Isle of Man has a wide range of water sports activities on offer. Sailing is naturally popular, and there are several yacht clubs Island-wide. Along the Island’s coastline and beaches you’ll find an abundance of kayakers, paddle boarders, base jumpers, fishing lovers and scuba divers, enjoying their evenings and weekends by the sea.
The Island has always been a mecca for motorsports enthusiasts. It’s famous for the world renowned Isle of Man TT races, where motorcycle competitors race the beautiful and challenging 33 ¾ miles course on closed, public roads. There are also a plethora of two- and four-wheel events taking place all year round, offering plenty of opportunities to get involved as a spectator, competitor, marshal or volunteer. The excellent driving roads have spawned a variety of sports and classic car clubs.
Residents are blessed with acres of green lanes and open spaces that are perfect for walking, cycling and horse riding. There are plenty of private stables with many competitions and shows throughout the year as well as a polo club. Whether riders choose the scenic countryside or the beautiful beaches, there’s ideal terrain to be enjoyed on horseback, with breath-taking views guaranteed.
So, whether there is appetite to spend one’s spare time recharging the batteries or running on them, the Isle of Man has the perfect balance.
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