What does this mean?
The “Entitled” category is attributed to those who are Jersey born and have reached the required aggregate residency period. This category also applies to people who have lived in Jersey for a continuous period of 10 years.
High Net Worth Individual’s and those who would previously have been granted residency by virtue of their financial and social contribution to the islands (formerly known as 1.1k residents) will also now be known as Entitled residents. Although prospective High Net Worth residents will still have to make a formal application process to be granted residency in Jersey, and certain criteria still have to be met, the States of Jersey are working hard to ensure that this process is simplified and made quicker. The island is actively encouraging applications from potential High Value residents and those who are looking to move business to Jersey.
“Entitled” residents can purchase or lease any “Qualified” property, set up a business or be gainfully employed without needing to hold a Licence.
For independent and confidential advice regarding if you are able to live in Jersey contact:
Office: +44 (0)1534 854574