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Winter Lifestyle Guernsey Estate Agents Winter Lifestyle Guernsey Estate Agents FLIP TO FRONT FOR OPEN MARKET PROPERTIES About Guernsey Guiding Light Brexit Boosts Safe Haven Open Market Sales Brexit: Welcome to Guernsey Stability Rocks Pride of Guernsey Digital Evolution From Cape Town The Small Cheese to Guernsey Guernsey. ‘Oarsome’ A Great Place to Times on the Water! Live and Work OUR PERSONAL FINANCIAL ADVICE BEGINS WITH ONE QUESTION: WHAT MATTERS TO YOU? juliusbaer.com Design/Production GIO Creative Works and Spike Productions 04 Welcome to the 30 ‘Oarsome’ Times on Swoffers Winter the Water! Printed by Colour Monster Property Review 34 Guiding Light Some Images courtesy of VisitGuernsey 06 Brexit Boosts Open Market Sales 40 Safe Haven 08 Welcome to Guernsey 42 Brexit. Stability Rocks 14 Meet the Swoffers Contents Open Market Team 46 Digital Evolution 16 About Swoffers 52 The Small Cheese 20 Pride of Guernsey 56 Guernsey. A Great place to 26 From Cape Town Live and Work to Guernsey Bank Julius Baer & Co. Ltd., Lefebvre Court, Lefebvre Street, St Peter Port, Guernsey GY1 4BS, T +44 (0)1481 726618 Bank Julius Baer & Co. Ltd., Guernsey Branch is licensed in Guernsey to provide banking and investment services and is regulated by the Guernsey Financial Services Commission. WINTER 2019 | OPEN MARKET PROPERTIES | SWOFFERS - p3 Investments_EN-Elisabethan-210x297-31072018.indd 1 20.07.18 16:54 Welcome to the Swoffers Winter Property Review By Andrew Haining Chairman I am pleased to be able to introduce this latest Swoffers has enjoyed many years as the leading estate agent Open Market Review against the backdrop on the island. 2018 was a very successful year in all our markets - Local and Open Market sales and lettings. 2019 of one of the busiest periods Swoffers has looks to be starting where 2018 finished with activity levels enjoyed for many years. The incoming above that which we have seen in previous years. enquiries of early 2018 have converted into a number of new residents to the island whom I would like to thank our business partners for their support of we are delighted to have been able to help as this review and together with all of us at Swoffers, I hope the they make Guernsey their home. contents enable you to make that all-important decision. We look forward to helping you. Guernsey’s political and economic stability has been in stark contrast to the unstable situation being encountered by a number of our near neighbours. The combination of political upheaval as a function of Brexit in the UK, as well as increasing issues in other parts of mainland Europe has probably focused people’s minds on where they see their future - for their business operations, their family base and the long-term security of their family’s wealth. In this review, we have once again tried to assemble articles reflecting personal opinions, political insights, sporting SWOFFERS HAS ENJOYED achievements, cultural heritage and entrepreneurial vision and investment. We at Swoffers are very grateful to those MANY YEARS AS THE individuals and businesses who have contributed to the articles in this publication. LEADING ESTATE AGENT ON THE ISLAND. 2018 WAS For those of you contemplating a move to Guernsey, the articles are designed to inform you not just about a key A VERY SUCCESSFUL YEAR element of that decision - finding the right home - but IN ALL OUR MARKETS also about the breadth and depth of community life in Guernsey. The stability of our political system, the benefits - LOCAL AND OPEN of our independence in both tax and legislative terms and our history of entrepreneurial reinvention to ensure the MARKET SALES AND continued prosperity of the island, all point to a rewarding LETTINGS environment for both living and investing well into the future. Deputy Parkinson, President of the Economic Development Committee, has been at the forefront of political life on the island for many years and we are very grateful for his contribution to this review. p4 - WINTER 2019 | OPEN MARKET PROPERTIES | SWOFFERS WINTER 2019 | OPEN MARKET PROPERTIES | SWOFFERS - p5 Brexit Boosts Open Market Sales It’s only just over three months since 'Guernsey has a lot to offer in terms of lifestyle GUERNSEY 'Working together we must capitalise on this 'There are a number of financial incentives we published the first issue of our and quality of life. The island provides a relaxed recent surge of interest in the Open Market, such as tax caps for new residents, tax caps way of life with an excellent work-life balance; HAS A LOT although it’s still too early to say whether this is for those with foreign or worldwide income and new look Swoffers magazine, but a we have some amazing restaurants and plenty a long-term trend or a blip in demand. opportunities for non-EU passport holders to lot has changed in that short period of indoor and outdoor sports and activities with TO OFFER IN relocate to the island if they invest in a local of time. boating and sailing proving particularly popular. TERMS OF 'The current market is price sensitive and there company. The island also continues to have Guernsey is financially stable and offers a safe remains a wide choice of properties currently no capital gains, inheritance or value added In our last issue Gavin St Pier, President of the place to live,' says Shauna. LIFESTYLE available to match prospective buyers’ budgets taxes. But our government needs to remain island’s Policy & Resources Committee, set out AND QUALITY and requirements. We are able to attract greater fully behind the drive to attract new residents to Guernsey’s route map to help navigate our way 'Clients are certainly telling us that the situation in interest in those properties which are sensibly the island and should continually review what through the UK leaving the EU. You can read his the UK is one of the reasons why they are looking OF LIFE. priced. Buyers are generally looking for either it can offer in terms of incentives to encourage update on the island’s plan later in this issue. to relocate, but Guernsey must continue to work a low-maintenance property finished to a high people to relocate here. Any attempts to make hard to make us an attractive place for these THE ISLAND standard or one at a competitive price, that they the Open Market less attractive in the face of stiff No-one expected Brexit to be plain sailing but the people to move to. PROVIDES can then redevelop to suit their particular needs. competition from other jurisdictions should be stormy waters of the last few weeks and months Buyers continue to be drawn to sensibly priced strongly resisted. have at times appeared to almost sink the UK 'Locate Guernsey is doing a great job in helping A RELAXED quality properties. government ship. to identify potential clients and guide them 'We will continue to lobby local politicians to through the process of relocating to the island WAY OF LIFE make sure that the importance of the Open At the time of writing there’s still no certainty and we remain very supportive of what they do. WITH AN Market is well understood and supported. The on the final outcome with the deadline of 29th message to those looking to relocate here should March still some weeks away and the likelihood EXCELLENT be "Guernsey is open for business and we of more twists and turns before the UK reaches welcome new residents with open arms". the end of the road. However, the chaos across WORK-LIFE the water seems to have had a positive impact on BALANCE 'That is certainly what we are telling our clients Guernsey’s property market. and this message is even more important in the context of the political upheaval just across ‘The last quarter of 2018 has seen a significant the water. All of us at Swoffers are determined increase in Open Market sales and enquiries,’ to embrace these opportunities and to find our says Shauna Clapham, Swoffers Director. clients their ideal home on the island. By the end of the year Swoffers had completed 'Brexit is providing a much-needed boost for 45 Open Market property sales – well over half Guernsey’s property market; we want to make of the total number of Open Market sales for the sure that continues'. year and nearly 70% of the total value of all Open Market transactions in 2018. 'The evolving political landscape in the UK has definitely had an impact on the decision some of our clients have made to relocate to Guernsey. The stability that the island offers and our location on the doorstep of Europe is certainly an attraction, but it’s more than that. p6 - WINTER 2019 | OPEN MARKET PROPERTIES | SWOFFERS WINTER 2019 | OPEN MARKET PROPERTIES | SWOFFERS - p7 Welcome to Guernsey Living in Guernsey Lifestyle It’s easy to see why Guernsey is an attractive Guernsey is English-speaking, uses the pound relocation destination, with an environment that sterling and is in the same time zone as the UK helps business to thrive and an enviable lifestyle but enjoys a more temperate climate, similar to that allows for a good work-life balance. northern France. Its coastline of cliffs, beaches and harbour The Bailiwick ports, combined with its French influence, offer a relaxed lifestyle with an excellent work-life The Bailiwick of Guernsey is a British Crown balance. There are plenty of sports and leisure Dependency in the English Channel off the opportunities to enjoy, including – of course – Coast of Normandy. The island stands 80 miles water sports. to the south of the English coast and 20 miles north of the French coast.
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