The tiny peninsula quietly tempts people and businesses to join its community of around 30,000 people with a unique blend of financial and wellbeing benefits.
Why Gibraltar?
Here are four big reasons to consider moving to “The Rock”:
1. Favourable Tax Regime
Gibraltar offers one of the most attractive tax environments in Europe. The corporate tax rate is just 10%, and there is no value added tax (VAT), inheritance tax, withholding tax, or capital gains tax.
In addition, high-net-worth individuals may qualify for special tax status as ‘Category 2 Individuals’, while highly skilled professionals can benefit from the Higher Executive Possessing Specialist Skills (HEPSS) scheme. Together, these advantages create a business and personal tax system that works in favour of both organisations and individuals.
2. Expansive Economy
Despite its small size, Gibraltar boasts one of the most diversified economies in Europe. Unlike many regions, it does not rely too heavily on any single sector. Instead, its economic base includes tourism, shipping and port services, financial services, property, and gaming.
The jurisdiction has already attracted several global businesses and continues to welcome innovative start-ups. As a result, Gibraltar has positioned itself as a hub for international companies seeking a supportive business environment.
3. Post-Brexit Conduit
Following Britain’s departure from the EU, Gibraltar has become a natural gateway for organisations looking to maintain or expand access to the UK market. When combined with its tax benefits and pro-business environment, Gibraltar stands out as a strong alternative for companies operating in Europe.
This unique position ensures Gibraltar will continue to gain prominence as a business destination in the years ahead.
4. Lifestyle
Beyond business advantages, Gibraltar offers an enviable lifestyle. Situated on the southern tip of the Iberian Peninsula, it combines a Mediterranean climate with a strong sense of community. With an average of 300 days of sunshine each year, life here feels both relaxed and vibrant.
Gibraltar’s cultural mix makes daily life even easier. Both English and Spanish are widely spoken, and Spain itself ranked fourth in HSBC’s Expat Explorer 2019 research for quality of life.
For added peace of mind, Gibraltar provides modern healthcare facilities and free healthcare for residents as a British Overseas Territory. Families relocating here can feel secure knowing that high-quality services are readily available.
Is your organisation tempted by Gibraltar’s business benefits? Are you managing international relocations or planning to move abroad?
