Privacy

At this time the government of Guernsey has signed a Tax Information Exchange Agreement but not a Mutual Assistance Treaty with the United States. Moreover, Guernsey is only a transition participant in the European Union Savings Directive and thus has not agreed to share personal information with other nations. As such, Guernsey does not offer a high level of privacy protection to American citizens. Although Guernsey has thus far protected the privacy of some its foreign investors, its commitment to protecting the privacy of offshore investors as a whole is questionable based upon its willingness to sign a Tax Information Exchange Agreement with the United States.