A tiny island in the Irish Sea is offering massive tax benefits for South African businesses that move their operations.
The Isle of Man, in the Irish Sea between England and Ireland, is a popular destination for South African emigrants, with the island hoping to attract thousands of new emigrants over the next five years.This country hosted a festival for South African expats – which now make up 10% of its population
“The Isle of Man Government has set the island a target of increasing the 86,000 current population by another 15,000 over the next five to seven years.” The Isle of Man Government also has a massive £1 billion long-term public and private investment program to assist in creating roughly 5,000 new roles and achieve an economy of circa £10 billion approximatelyy R240 billion).Isle of Man Opportunities said that it helped 45 South Africans relocate to the island in the last three months.
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