Isle of Man: Offshore Investment
Traditionally, residents of the Isle of Man have been excluded from participation in the most attractive offshore company forms, and pay tax on their world-wide income. However, the maximum rate of 20% is not penal, and there are no other taxes to speak of, so that they can benefit from offshore investment to a reasonable degree.
Non-residents of the island (which includes the owners of local properties as long as they don't spend more than four months a year there) can make full use of the offshore investment vehicles available. Non-residents pay tax on locally-sourced income, but this excludes most types of income and capital gain in the offshore sector.