05 Mar 2024

Ever considered advising clients to relocate to Gibraltar? Find out more

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With a population of around 38,000, this vibrant territory is more than just a scenic wonder - it’s a growing and dynamic community waiting to welcome new entrants and MGI Worldwide member firm, Fiduciary Wealth Management Limited, is on hand to explain some of the benefits of relocation to the territory. 

Why Gibraltar?

Nearly 29,000 of its residents are British Gibraltarians, alongside almost 6,000 UK nationals. This diverse melting pot also includes Spanish, Moroccan and over two thousand individuals from various backgrounds, each contributing to Gibraltar’s unique cultural history.

Gibraltar has a number of different tax regimes depending on an individual's situation and whether they enjoy earned or passive income or a combination of the two. What all residents of Gibraltar benefit from is a jurisdiction free from Capital Gains Tax, Wealth Tax, Savings Tax, Gift Tax and VAT - neither is there any Gibraltar liability to Inheritance Tax. (This said, British Expats beware as UK Inheritance Tax is based on the concept of domicile rather than residency and British Expats in Gibraltar may never be able to remove their liability to this UK tax).

Paul Correa, Partner at Gibraltar-based member firm, Fiduciary Wealth Management, adds:

"It’s not just about the numbers. It’s about being part of a community that’s expanding yet intimate, where modern lifestyle meets rich history. Whether your clients are seeking a sun-soaked retirement, a dynamic career move, or a blend of Mediterranean charm and British culture, Gibraltar offers an unparalleled experience. The significant rise in population since the last census in 2012 is a testament to Gibraltar’s attraction. People aren’t just moving here—they’re staying, growing and thriving."

Discover more

 

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Do you have clients who want to be part of this exciting growth?

Gibraltar is ready to welcome new entrants with open arms and Fiduciary Wealth is offering FREE discovery meetings to help people explore this option. If you have clients who may be interested, schedule an appointment with Paul HERE or at [email protected]

 

MGI Worldwide, is a top 20 ranked global accounting network and association with over 8,000 professionals, accountants and tax experts in some 400 locations in almost 100 countries around the world.