Isle of Man
Day to Day Living in Isle of Man
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Good day. I am a chartered accountant from the U.K. and I want to start up my own accounting practice as Director in Jersey with my wife as company secretary. I will be providing accounting services globally but starting with the U.K.. It looks like the set up costs are going to be £200 formation, with ongoing costs of £100 supervisory with JFSC, £50 data protection agency, £200 annual accounts,
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Day-to-day Living on the Isle of Man
Buying and renting property is the same process as it is in the UK.
There is a wide variety of property available to rent and buy on the Isle of Man from flats to farms.
If you are looking to rent property, the best place to look for availability is in the local papers which have property supplements showing places to rent and agencies to contact. Renting in Douglas and larger towns can be expensive.
Public transport is very good and a popular way to get around on the island. There is a very efficient island-wide bus network which goes between all the major towns on the island at frequent times. There is also a steam railway between Douglas and Port Erin and an electric railway between Douglas and Ramsey, as well as an electric mountain railway which climbs Snaefell. The only commercial airport on the island is the Isle of Man airport at Ronaldsway which offers frequent flights to different parts of the UK and Ireland. There are also frequent ferries which go between Douglas and England and Ireland.
Driving on the Isle of Man is similar to driving in the UK but there is no national speed limit. The Isle of Man issues its own driving licences and minimum age for driving a car is 16 years. Anyone who moves to the island and wishes to drive a car is required to obtain an Isle of Man driving licence within three months of arrival.
Cost of living
The quality of life compares favourably with other European countries but is however, quite expensive and the cost of living is generally higher than the rest of Europe but the same as the UK.
Things to do and see
The Isle of Man has a wealth of history that can be discovered at many sites around the country such as the mediaeval castle in Castletown, the ruined castle on the Isle of St. Patrick and at the Manx museums. You can even visit Tynwald Hill, the site of the world's longest continuously running parliamentary.
The Isle of Man boasts some beautiful unspoilt beaches and many walks around the countryside. Other activities that are available on the island are golfing, sailing, diving, and cycling.
There is a variety of nightlife found all over the island, particularly in Douglas which has a good selection of restaurants, bars, clubs, cinemas and theatres. Traditional entertainment and food can be found in local pubs and at events throughout the year such as the carnivals and festivals.
- January 1st:New Years' Day
- Friday before Easter Sunday:Good Friday
- March/ April:Easter Sunday
- Monday following Easter Sunday:Easter Monday
- First Monday in May:Early May bank holiday
- Last Monday in May:Late May bank holiday
- Second Friday in June:TT bank holiday
- July 5th:Tynwald Day- Manx national holiday
- Last Monday in August:Summer bank holiday
- December 25th:Christmas Day
- December 26th: Boxing Day
Organisations that can assist with Day to Day Living
British Corner Shop is the online British supermarket with worldwide delivery. Ideal for British Expats, Forces and Brits living and working abroad who can't get hold of their favourite British food locally.