International Savings Plans

ISPs are an innovative, tax-approved savings plans for multinational employers.

20 September 2023

Future-proof solutions for multinational companies

Key features of an ISP

Its sole purpose is to provide benefits in respect of a person’s employment, wholly outside Jersey

It is established under an irrevocable trust under Jersey Law by an employer who is not resident in Jersey

It has trustees (either two or more individuals or a corporate) who are regulated by the Jersey Financial Services Commission, our regulator

It is not a scheme which comes within the pensions framework under Jersey tax legislation

Videos

Jersey Special Report on ISPs (in partnership with International Investment)
Lisa Springate, Head of Technical at Jersey Finance, ISPs

Better Futures for International Employees

How an ISP Works: Example Scenarios

 



Why Jersey for ISPs?

Expertise

Jersey has one of the largest number of
finance industry professionals of any IFC,
giving it a vast pool of expertise

Connected

Jersey has strong links and is in close proximity to the City of London and the EU, giving businesses and individuals easy access to both markets

Reputable

It adheres to, and is often an early adopter of, global standards set by the UK, EU, US and the Organisation for Economic Cooperation and Development (OECD)

Tax-Approved

The Jersey tax authority approves Jersey ISPs

Central

It has a central time zone, making it easy to do business around the globe

Substance

A modern business environment with almost 14,000 professionals supported by a politically stable government

Choice

In over six decades, Jersey has developed a breadth and depth of competitive products and services

Working with the world

An Kelles
An KellesDirector – GCC, Jersey Finance
Faizal Bhana
Faizal BhanaDirector – Middle East, Africa and India, Jersey Finance
Faizal Bhana
Faizal BhanaDirector – Middle East, Africa and India, Jersey Finance
Dr Rufaro Nyakatawa
Dr Rufaro NyakatawaMarket Development Consultant – Africa, Jersey Finance
Yiow Chong Tan
Yiow Chong TanDirector – South East Asia, Jersey Finance

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