If your business is looking to recruit the following roles from off-Island, it may be eligible for a grant of up to 20% of the relocating employee(s) net salary for the first 12 months. This is capped at £10,000 per employee and paid once the employee has been engaged for 12 months.
Tourism and hospitality, roles restricted to -
The business
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Must have a permanent establishment on the Island;
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Must be an eligible business under the Enterprise Act 2008 (Eligible Businesses) Regulations 2018*;
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Be up-to-date un respect of Income Tax, VAT and National Insurance;
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Must be expanding its workforce on the Island
The job
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Must offer a minimum starting salary of £25,000;
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Must constitute permanent, regular employment.
The employee
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Must be directly employed by the business;
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Must work predominantly on the Island;
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Must become resident on the Island for income tax purposes.
To view the full guidelines of the Scheme please click here
Please visit www.dfe.im/eri for more information and click here to submit an initial enquiry form.
Please note that the Department cannot accept retrospective applications. The employer must submit the application in advance of employment.
