I am buying real estate in Sark, Europe's least-known tax haven

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  • Опубликовано: 4 окт 2024

Комментарии • 77

  • @TheWanderingInvestor
    @TheWanderingInvestor  3 месяца назад +2

    Contact Swen at swen@sarnia-am.com for the deck.

  • @AnnSisuLiv
    @AnnSisuLiv 3 месяца назад +22

    When 1 company owns more and more of the island, it becomes less and less desirable to move there.

    • @mr.gorillaz8449
      @mr.gorillaz8449 3 месяца назад

      How do you think the rest of the UK is owned?

    • @AnnSisuLiv
      @AnnSisuLiv 3 месяца назад +8

      @@mr.gorillaz8449 I believe it's worse on a smaller island. Granted, it's no good anywhere it's like that.

  • @b4bmm
    @b4bmm Месяц назад

    The biggest problem with an island like this is providing the basics to the residents. If the ships stop coming from the mainland you're in trouble. Just like the most idyllic islands in Thailand they struggle to get alot of people to move there on a permanent basis because there is no medical facilities worth talking about. Especially when people moving to those islands or one like this are usually older people with a high net worth who need the medical facilities the most.

  • @jllewellyn8000
    @jllewellyn8000 Месяц назад +1

    So we as a family could buy on the island, move over and work remotely for our uk employers no questions asked? Wife is a housing professional tutor so it’s remote. I would look at investments and finish my community development roles and work online.

    • @TheWanderingInvestor
      @TheWanderingInvestor  Месяц назад +1

      @@jllewellyn8000 If you work as full employees for a UK employer, and not as a contractor, there may be tax implications in the UK

  • @jacquib256
    @jacquib256 23 дня назад

    600 will now be 6000 if too advertised and there won’t be enough accommodation?

  • @enjoystraveling
    @enjoystraveling Месяц назад

    I wonder why some of the other families on the island did not buy some of the property or B&Bs that are for sale. Even if they can’t afford them, maybe six families together could and run the farm or B&B together.

  • @jacquib256
    @jacquib256 23 дня назад

    It’s very small and like going back in time and no one is mentioning Herm

  • @jgm3620
    @jgm3620 3 месяца назад

    Very interesting and different investment. Good diversification and i like the idea of small government...

  • @peacedreamerable
    @peacedreamerable Месяц назад +1

    I am attracted to the lack of electromagnetic radiation on Sark , there are very few safe areas now in the UK for living with Electromagnetic hypersensitivity. We are under attack on the mainland with the all invasive 5g, before long thousands of citizens may be forced to leave the UK if they can find safe means of travel or live as tourtured prisoners.

  • @8563robbie
    @8563robbie 2 месяца назад +2

    Sark has the most expensive electricity in Europe - if not the world.

  • @MyLatinLife
    @MyLatinLife 3 месяца назад +1

    Good intel and very intrepid of you Ladislas!

  • @jacquib256
    @jacquib256 23 дня назад

    Sark residents won’t appreciate their island being over populated

  • @lynm1789
    @lynm1789 2 месяца назад +2

    Hi! Can a US citizen get permanent retirement residency on Sark?

  • @ywueeee
    @ywueeee 3 месяца назад +2

    what's the long term thesis for non UK-Irish citizens? how does passport of sark rank in the world?

    • @TheWanderingInvestor
      @TheWanderingInvestor  3 месяца назад +1

      @@ywueeee it’s tough to move to for such people. Same immigration as Guernsey.
      But they can invest.

    • @ywueeee
      @ywueeee 3 месяца назад

      @@TheWanderingInvestor so I assume UK kind of passport access around the world?

    • @TheWanderingInvestor
      @TheWanderingInvestor  3 месяца назад +1

      @@ywueeee yes. Channel Islands passport. Look it up. Really cool.

    • @ywueeee
      @ywueeee 3 месяца назад +2

      @@TheWanderingInvestor looks cool, how many years of residence for passport of sark (if that's a thing) by naturalization?

    • @TheWanderingInvestor
      @TheWanderingInvestor  3 месяца назад +2

      @@ywueeee 5 years for a Channel Islands passport

  • @joamiraclesound9387
    @joamiraclesound9387 2 месяца назад

    Why not Alcatraz pendant que tu y es?

  • @overarch888
    @overarch888 Месяц назад +2

    This should be done on the Blockchain that would open up the entire globe to potentially invest.

    • @flexprofits
      @flexprofits Месяц назад +3

      nobody cares about blockchain

  • @quantumfreedom8137
    @quantumfreedom8137 Месяц назад

    Think your for the interview.
    I have a question about Sark. Is it possible to create and register a compagny at Sark Island ? And run it from Sark ?
    I understood there is no tax on compagny at Sark.

    • @TheWanderingInvestor
      @TheWanderingInvestor  Месяц назад

      @@quantumfreedom8137 it used to be a business 2 decades ago. It stopped. All these matters have been outsourced to Guernsey

  • @lourdesm.velandia-calderon3486
    @lourdesm.velandia-calderon3486 2 месяца назад

    @AnnSisuLiv - your statement sounds about right BUT then again he mentions that the real estate is a complicated one so he doesn't go into detail here. He did say there are webinars or some meeting where it's explained in detail. I guess if you are going to invest you better get youself a real estate lawyer to read the fine print with every single jot & title because that's where they get you & really it's no one's fault but your own. And it's your $/€, your investment vs. a highly experienced, well established realtor wjo knows the ins & outs of the business.
    In summary.... you better know what you are getting yourself into & look up this "Swen" guy to see how reputable he is. I pray that he is honest & a reputable one.

    • @simonweiguny
      @simonweiguny 18 дней назад

      It'S venture capital. You must be aware, that you can loss the entire investment..

  • @mattball7074
    @mattball7074 3 месяца назад

    I have been following every Sark video/post around the first time you had made your video on it Ladislas!
    My father is Irish and likes the idea of starting a cafe there--is it really impossible for me to work for this cafe? Do you know the visa options? Are they the same as Guernsey?
    Thanks!

    • @TheWanderingInvestor
      @TheWanderingInvestor  3 месяца назад

      @@mattball7074 if your father is Irish you should be able to claim Irish citizenship and go live on Sark easily.
      Overall, same visa options as Guernsey yes

    • @mattball7074
      @mattball7074 3 месяца назад

      @@TheWanderingInvestor My father became Irish this year so unfortunately I dont qualify (need to naturalization by "association") but good to know regarding the visa laws of Guernsey. I have a list of jobs/sectors from Locate Guernsey that link to short and long term permits, its true its quite limited ha

    • @TheWanderingInvestor
      @TheWanderingInvestor  3 месяца назад +3

      @@mattball7074 family reunification in Ireland? All the Nigerians seem to be getting away with it 😅

    • @mattball7074
      @mattball7074 3 месяца назад

      ​@@TheWanderingInvestor 100% haha Ireland/EU isn't looking too good (my old man isn't living there) to plug out 3 years to naturalize by association but it seems the type of "stamp" means you may not have to live there (?) to start the three year clock.
      There's always a way I suppose

  • @bananacy
    @bananacy 10 дней назад

    Are you still commited to this? It's a gamble but could pay off

  • @coxysailor
    @coxysailor Месяц назад

    It sounds like the residents are deperate to sell the "hot air" 😂 premium price due to tax speculation in a place no one wants to live.

  • @8563robbie
    @8563robbie 2 месяца назад

    If there is a high net worth exodus from the UK it will be to Guernsey , not Sark. Daily life on Sark is a complete culture change. Nothing happens quickly on Sark. Improving existing hotels would benefit the Sark economy but only in the tourist months. This is a long term - 10 year vision but way too risky. Good luck with your plans. I'm out.

  • @martikaarellano1
    @martikaarellano1 3 месяца назад

    How is the health care system?

    • @TheWanderingInvestor
      @TheWanderingInvestor  3 месяца назад

      @@martikaarellano1 minimal. Guernsey is where you have to go for anything serious.

    • @Jackson74747
      @Jackson74747 Месяц назад

      Obviously no airstrip but does Sark allow medevac by helicopter?

    • @TheWanderingInvestor
      @TheWanderingInvestor  Месяц назад

      @@Jackson74747 Not at this stage

  • @paulcoates3860
    @paulcoates3860 Месяц назад

    😂😂❤short the uk. 👍🏻 a dead cert......now that labour are in, they are hammering away, and people are leaving, Sark is a savour and the honourable people have vision, all the best

  • @jvilhelml
    @jvilhelml 2 месяца назад

    As a Swedish person can i buy a house?

    • @TheWanderingInvestor
      @TheWanderingInvestor  2 месяца назад +1

      @@jvilhelml you can buy, but it doesn’t give you the right to reside there more than spend time on a tourist visa

    • @jvilhelml
      @jvilhelml Месяц назад

      And if i like live on the Island?

    • @TheWanderingInvestor
      @TheWanderingInvestor  Месяц назад

      @@jvilhelml on a tourist visa, but not more

  • @sambawomen
    @sambawomen Месяц назад

    I think having no cars is a deal breaker and simply not practical

    • @xyork
      @xyork Месяц назад

      3 miles by 1.5 miles - what use is a car when an electric bike will get you anywhere in less than 15 minutes?

    • @simonweiguny
      @simonweiguny 18 дней назад +1

      @@xyork you don't want to get soaked to the skin everytime it rains...

  • @cascaraproperty500
    @cascaraproperty500 3 месяца назад +6

    Make a contract with UK Government to make an offshore Asylum processing centre there - perfect solution near France!

    • @TheWanderingInvestor
      @TheWanderingInvestor  3 месяца назад +2

      @@cascaraproperty500 lol

    • @mr.gorillaz8449
      @mr.gorillaz8449 3 месяца назад

      This makes total sense for the island.

    • @ryandorough6954
      @ryandorough6954 3 месяца назад +1

      Like an EU refugee camp?

    • @mr.gorillaz8449
      @mr.gorillaz8449 3 месяца назад

      @@ryandorough6954 uk

    • @alexg6702
      @alexg6702 3 месяца назад +1

      You are kidding, n’est-ce pas? Nevertheless if your idea is serious then why not Greece? They have 6000 odd islands, not overpopulated and mild climate, ideal for an asylum processing centre. Genius!

  • @KeepingItRealBro
    @KeepingItRealBro 3 месяца назад +2

    Too hardcore underdeveloped. Unless every other territory goes away, it'll be an impossible task for Sark to catch up with the numerous comfortable and livable options available. I wish them well and they'll attract a few adventurous types for sure, but the demographic will change so much and eventually fracture such a tiny place too much IMO. Good luck though.

  • @mr.gorillaz8449
    @mr.gorillaz8449 3 месяца назад +2

    Let's face it, no one wants to live on an island. 4000 per Sq metre is expensive compared to the rest of Europe

    • @davidanalyst671
      @davidanalyst671 3 месяца назад +3

      how much taxes do you pay in the rest of europe?

    • @GLUTONGULOGULO1
      @GLUTONGULOGULO1 3 месяца назад

      Guy has a strong German accent mixed with the Queen’s English. Do like the devellopments he is undertaking.

    • @enjoystraveling
      @enjoystraveling Месяц назад

      Well, you can’t say no one wants to live on the island. Many people do like to live on islands some like tropical climate such as the Caribbean islands and some like cooler islands, such as ice, Iceland, Jersey , etc..

  • @villageroma
    @villageroma 3 месяца назад +1

    What a crappy place!