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Industry leaders discuss island high value scheme

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⚡ Instant Key Takeaways (TL;DR)
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Core Development: Industry leaders discuss island high value scheme
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Market & Financial Impact: More than 260 industry leaders met to discuss the role wealthy residents play in Jersey's economy.
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Actionable Insight: Monitor price volume action at market open; check key technical support/resistance levels.

Mary O'Keeffe was one of several business people who said high value residents contribute positively to the island's economy

More than 260 industry leaders from business, finance and law have held a meeting to discuss the role high value residents play in Jersey's economy.

Jersey's high value residency programme, external grants residential status to highly skilled and economically active high net worth individuals.

One attendee at the Chamber of Commerce lunch on Thursday, Mary O'Keeffe, said high value residents "were extremely important" to the island.

However, one former economic advisor to the government described the tax contribution of high value residents as "piffling".

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Official Publisher Attribution: This report is aggregated from Bloomberg. ZeroLive provides live aggregation, automated sentiment synthesis, and exchange disclosure monitoring for retail market participants.
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