Foreign investment

Home About the Isle of Man Foreign investment

There are no exchange controls


Except for the items listed in below there are no withholding taxes on payments made by companies to non-residents.

  • Rents paid by a company to a non-resident company will suffer a withholding tax of 20%.
  • Rents and other taxable payments (such as remuneration) paid by a company to a non-resident individual will suffer a withholding tax of 20%.

There are no authorisations required for borrowing in the Isle of Man and there are, in general, no restrictions on lending to or borrowing from a foreign company. Subject to their complying with the relevant regulatory “know your customer /customer due diligence” requirements, there are no restrictions on foreigners holding bank accounts in the Isle of Man. There are no restrictions on Island residents holding bank accounts abroad.