White Text Image

Living in the Isle of Man

We are an Island of exceptional individuals, communities and families; a thriving business centre and pioneers of innovation, an Island shrouded in history with a forward thinking sensibility. We know the importance of hard work and the importance of living life to the fullest. By living in the Isle of Man, you really can have it all.

 

Life in the Isle of Man

Whether you want to live fast or take it easy, the Isle of Man offers an unbeatable quality of life. With approximately 225 square miles of stunning landscapes, bustling towns and quaint fishing villages, there truly is something for everyone.

Home to over 400 bars, restaurants and cafés, the Island is a foodie paradise, with local delicacies such as Queen Scallops ‘Queenies’ being recognised the world over for their exceptional quality. Our sporting culture is also world renowned; we are home to the famous TT motorcycle races, an annual event that attracts up to 50,000 visitors each year, and our famous roads provide an incomparable terrain for cycling enthusiasts. If that isn’t enough there is also an abundance of outdoor activities including, sailing, kayaking, paddleboarding, golf and even laser tag, set within one of our many plantations.

We have our own language, ‘Manx Gaelic’ however English is the main language spoken. Our currency is British Pound Sterling.

Taxation

The Isle of Man operates a simple income tax regime with two tax rates (or bands). The standard rate is 10% and the upper rate is only 20%, with a generous personal allowance of £14,000. Residents also pay NO Capital Gains Tax, NO Inheritance Tax, and NO Stamp Duty.

Healthcare

Residents of the Isle of Man enjoy comprehensive healthcare which is free at the point of contact. The Isle of Man National Health Service (NHS) provides a full range of services, from hospitals to district nursing. The Island has a reciprocal health agreement with the UK which provides free emergency healthcare when visiting the country.

Housing

There are no restrictions on buying property in the Isle of Man. Property purchasers will find a diverse range of properties available including apartments, bungalows, traditional terraced, semi and detached houses. There is NO stamp duty and NO land tax on the Island.

Schools

The Isle of Man has a well-regarded education system, with high standards of teaching and a strong appetite for sports and culture. There are 32 top quality state primary schools and five state secondary schools. The Island is also home to two highly-regarded private schools.

To register your child(ren) for school, simply contact the administrator of the local primary or secondary to begin the process.

Getting to the Isle of Man

Whether you choose to fly or sail to the Isle of Man you'll be impressed with how easy it is to reach Manx shores. With great air links at many major airports situated in the UK, Channel Islands, Ireland and further afield, flying to the Isle of Man couldn’t be easier. Most airlines operate daily flights to the Island with those from the UK taking just 40 minutes in some cases. 

Triskelion Image