Isle of Man Trust
Key Features
Isle of Man International Trust |
Corporate Details |
General |
|
|
International Trust |
|
Follow English law |
|
Isle of Man Trusts Act 1995 |
|
2 weeks |
|
None |
|
No |
|
Yes |
|
150 years |
|
No |
|
As per Trust Deed |
Settlor |
|
|
Should not be a resident of Isle of Man |
|
A trustee, a beneficiary or a protector of the trust. |
Beneficiary |
|
|
Should not be a resident of Isle of Man |
|
A trustee, a beneficiary or a protector of the trust. |
|
Should not include immovable property situated in the Isle of Man |
|
No |
Trust asset |
|
|
No, except property situated Isle of Man |
Trustee |
|
|
1 if corporate and 2 or more if not corporate |
|
No domestic trustee is required |
Accounts |
|
|
No |
|
No |