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Offshore Services
Guernsey Bank Account
| Available options for your Guernsey bank account. |
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| Total cost to open you Guernsey bank account. $500.00 |
| BANKING, FINANCE AND INVESTMENT FINANCIAL FACTS Almost a quarter of employment and over half of Guernsey’s revenue is derived from the financial industry, thanks to beneficial tax structures. Unemployment is less than 1 percent. For the most part, its economic stability and cycles are on par with the United Kingdom. The Guernsey Financial Services Commission oversees all financial transactions and business affairs in Guernsey. STOCK MARKET The Channel Islands Stock Exchange (CISX) has been in existence for 10 years. Its listing members are all based in the Channel Islands. Market capitalization stands at over US$17 billion. Guernsey trades represent the vast majority of trades on the Channel Islands Stock Exchange. BANKING The Guernsey Financial Services Commission has taken steps in recent years to stamp out money laundering; to advance Guernsey as a solid player in the international banking industry; and to protect banking clients’ investments and information. “Know Your Customer” due diligence rules apply in Guernsey, and I the last five years the screening process for new clients has become more rigorous. REAL ESTATE The real estate market is split into two categories - Local and Open Market. As the names would indicate, Local properties are available only to Guernsey citizens, or residents who have lived in Guernsey for over 10 years; Open Market properties are available to any individual who becomes a resident of Guernsey. We never disclose the name of the Guernsey bank until after you have sent |