Living and working in Guernsey

Overview 

Enjoying the benefits of being a safe environment in which to live with low crime, high standards and low tax, this jurisdiction offers a welcome option for qualified accountants seeking to develop a good work/life balance with excellent career prospects also available for committed individuals.

Naturally idyllic, Guernsey is situated in the Channel, 75 miles from England and 30 miles off the French coast. It includes the islands of Alderney, Herm and Sark. The airport operates a service linking Guernsey to the United Kingdom and continental Europe and there is a ferry service, which can take you to St Malo in France within the hour.

Climate-wise, the weather is temperate with mild winters and enjoyable summers. The total population is 65,000 and its capital is St Peter Port.

Guernsey is a dependent of the British Crown and, like Jersey, has been self-governing since 1204. The United Kingdom, however, remains responsible for external matters such as defence. For reasons of history dating back to the Normans, the Island remains very proud of its French heritage and this is reflected in its laws, customs and local names.

Economy

Since the first merchant bank was established in the early 1960s, Guernsey has grown into a world-renowned international finance centre with an outstanding reputation for stability. Accounting for 55% of Guernsey’s income, the financial services sector is the biggest employer on the Island. Its main areas of specialism include Trusts, Funds, Banking and Insurance. The balance of GDP income derives from Tourism, Manufacturing and Agriculture.

Work permits

All employed people have to obtain a Right to Work document to prove they are legally housed. If you are not already a resident of Guernsey and want to apply for employment, you need to ensure that you will be able to find accommodation. If you’re working in the finance sector then the Housing Authority will issue you with an ‘essential housing licence’ which is usually attached to the specific job you have been hired for by your new employer and which entitles you to live in Guernsey. Without a valid housing licence, you are not allowed to remain on the Island. These licences are generally issued for 3-5 year durations.

Recreational activities

Recreationally, Guernsey offers beautiful sandy beaches, picturesque cliffs and an active bar and al fresco dining scene.  You can also play golf, go horse riding or fishing, enjoy boat trips and a host of other activities.  In fact, sport is pursued with a real passion: Football, rugby, netball, hockey, tennis and cricket are all available as are popular activities such as surfing, windsurfing and sailing.

For more information and to discuss career opportunities in Guernsey, please contact Dominic Carthy, Director at Kudos Recruitment.