Get yourself one of those high-paid Guernsey banking/insurance jobs, where you are earning £50k and lose only 20% of your salary to income tax, and then the tax haven side of things starts to work in your favour. The other day my parents bought a new flat-screen tv in England, and will be claiming their 17.5% VAT back on the purchase once they return to the island.

Personally I live in London where there are £3 single tube tickets, I have to pay full 17.5% VAT on my purchases, the prices of alcohol, cigarettes and petrol are way more than Guernsey prices. Plus there is the congestion charge for driving a car through London and ridiculous parking fees (not to mention traffic wardens slapping tickets on anything that moves). And finally London is a sh't-hole to live in (pollution, traffic, muggers, gangs, drugs, over-population, etc) so count yourself lucky.