Isle of Man a springboard to UK for Chinese investors  

中國人赴歐投資首選英國 馬恩島成最佳“跳板

(ECNS) - The Isle of Man, located in the Irish Sea between Great Britain and Ireland, has become a gateway for Chinese investors to access the United Kingdom. 

Chinese investors favor the island for its low tax regime and well-developed mechanisms to protect investment, according to China Economic Net. 

Through the facilities offered on the Isle of Man, Chinese Estates Holdings was able to purchase a building that was part of Goldman Sachs Group's London headquarters for about £280 million. Chinese investor and developer Reignwood Group also bought Ten Trinity Square, an iconic landmark building in London, thanks to the island's investment services. 

The United Kingdom ranks as one of the favorite destinations for Chinese overseas investment. China and the UK also enjoy a close relationship, with state leaders increasing visits and China-UK trade booming in 2014. 

Data show investment from Chinese individuals and institutions in the UK has surpassed £1.35 billion in the first half of 2014, an increase of 17 percent from last year. 

China became London's number one source of foreign buyers last year, according to real estate consultancy Knight Frank, accounting for six percent of all purchases over £1 million.