Thursday, November 1, 2012

After Five Years A House Finally Comes Up For Sale On The Isle Of Sark

For A Less Taxing Life... After Five Years A House Finally Comes Up For Sale On The Isle Of Sark And It Can Be Yours For Just £4.75m -- Daily Mail

Those with a few million pounds spare who wish to lead a less taxing lifestyle have a rare chance to fulfill their goal by purchasing a property on the tiny Channel Island of Sark. For the first time in five years a home on the tranquil isle, that is a tax haven and doesn’t have any motorised vehicles, has come on the open market. But the opportunity to live the quiet life doesn’t come cheap as the stunning cliff top, 15 acre estate is up for sale for £4.75million.

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My Comment: If it is such a great tax haven, why are the owners (or their heirs) selling?

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