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Efforts to attract billionaires stepped up

The new Ballamona estate - credit www.ballamona.com

Are we about to see large numbers of the super rich relocate to the Isle of Man?

The Department of Economic Development is stepping up its efforts in a bid to attract billionaires from around the world.
 
Work is underway on developing the exclusive Ballamona Estate - a £30 million development that will boast a private beach, golf course and wine cellar. 
 
Head of retail financial services Simon Pickering says it's not just the low tax attracting the high wealth individuals:
 

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