If you are considering investing or setting up a business in Gibraltar, you will need to carefully consider whether this is really the place for you. Below are a number of points worth noting.
Why invest in Gibraltar?
- Diversity in international business, from financial services, commerce and online business, to shipping, real estate development and tourism.
- Highly developed business service infrastructure, all operating strictly within EU regulations
- EU status opens access to the EU financial services market
- Legal system inspired by the English structure and financial services strictly regulated by the Financial Services Commission (FSC)
- Highly regulated and globally acclaimed jurisdiction
- Ability to distribute VAT-free products at good prices in the rest of the EU and Africa
- It does not apply the Common Agricultural Policy and the Common Customs Tariff, as it is not a member of the EU Customs Union, enabling preferential trade tariffs under the Generalized System of Preferences (GSP)
- Low taxes and offshore status enable profitable tax and accounting strategies for international companies and individuals.
- No inheritance or estate tax, no capital gains tax, no VAT, no stamp duty (except for real estate)
- Relatively stable sterling currency, with limited restrictions on moving capital or repatriating dividends
- Top-quality conference facilities and accommodations required to meet world-class corporate needs
- Stable political and economic environment
- Ideal location for commercial shipping cruises. Its modern port facilities are well protected and developed to handle the large amount of cargo and passengers. Gibraltar is one of the main fueling centers in the world.
- Easy access through its own international airport, with low cost airlines offering daily flights to the UK and Spain
- Proximity to the Spanish airports of Malaga, Seville and Jerez
- One of the most advanced fiber optic telecommunications networks in Europe, offering state-of-the-art business solutions.
- Educated, well qualified, English speaking workforce, trained in all aspects of the investment market that Gibraltar offers
- Benefits and legislation are in place to encourage High Net Worth Individuals (HNWIs) tax residency and Senior Executive Possession Specialist (HEPPS) skills, allowing them to limit their tax liabilities to highly beneficial levels.
- Category 2 status allows you to pay income tax only on the first £60,000 of your taxable income, resulting in a maximum tax liability of approx. £23,000 and £18,000 minimum
- Warm temperate climate with an average of 300 days of sunshine per year
- Good quality of life with a very low crime rate and plenty of leisure facilities.
