Tourism in the Isle of Man Tourism in the Isle of Man Tourism in the Isle of Man refers to the tourism industry of the Isle of Man, which has been an important element in the economy for over a century. In the early days visitors were mostly richer British families. Key for the development of the sector in the Victorian Era was the introduction of ferry connections with steamships between Liverpool and the Isle of Man, the Isle of Man Railway, and the Victoria Pier in Douglas. Later in the 19th and early 20th centuries, the island was the destination for working-class families, mainly from
Economy of the Isle of Man Economy of the Isle of Man The Isle of Man, one of the Crown dependencies, is a low-tax economy and offshore financial centre. Located in the Irish Sea, it is within the British Isles but does not form part of the United Kingdom or the European Communities. Insurance, online gambling operators and developers, ICT, and Offshore banking form key sectors of the island's economy. As of 2016, the World Bank assessed the island's Gross National Income (GNI) per capita at US$89,970. The Isle of Man Government's own National Income Report shows the largest sectors of the economy are insurance and