Special treaties exist with both the United Kingdom and the European Community, which recognize the Island's right to self government. There is no value added tax, capital gains tax or inheritance tax and by concession, non-residents of Jersey are exempt from paying Jersey income tax on bank interest or investment income.
Jersey has no restriction on the free movement of funds to and from the Island.
In terms of good communications, Jersey's telephone, telex, facsimile and electronic links with the rest of the world compare with the best. So you can see that with an international reputation for financial integrity, combined with an English speaking population, Jersey can rightly claim to be one of the world's leading offshore financial centres.