Own One of the Channel Islands, No, Seriously!

Today's Financial News - Posted June 19, 2008

“If you’re in the market for your very own genuine island (and a top offshore tax haven to boot), one of the eight inhabited Channel Islands is up for sale.” — Bob Bauman

by Bob Bauman

Baltimore — (TFN): The Reverend John Donne (1572-1631) indelibly informed us that “no man is an island.”

But that doesn’t mean you can’t buy your own island.

Some years ago, one man claimed a World War II British gunnery fort in the North Sea’s international waters to be a quasi-independent outpost. The fort’s British owner, who calls himself “HRH Prince Roy,” dubbed this fort the “Principality of Sealand.” However, Sealand never got off the ground, so to speak, because it was located in deep water.

But if you’re in the market for your very own genuine island (and a top offshore tax haven to boot), one of the eight inhabited Channel Islands is up for sale.

The island of Herm is now on the market. This 1½-mile “paradise” isle just three miles from Guernsey can be yours for £15 million (US$29.5 million).

Who Does the Labour Party Think They’re Kidding?

It’s ironic that the U.K. government has tried several tactics to curb tax havens in the past, because in reality some of the world’s leading tax havens have been England’s Crown dependencies. That includes historically rock-solid havens like the Channel Islands and the Isle of Man. Read on to learn more.

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