GIBRALTAR: HIGH NET WORTH INDIVIDUALS
Establishing residence in Gibraltar and thereby, as a matter of Gibraltar law, determining Gibraltar as the country in which you will pay tax on your worldwide income and, in the event of your death, inheritance tax on your estate.
Category
2 Status
Gibraltar has an attractive tax regime for those wishing to obtain Category 2 Status:
-
No inheritance tax
-
No wealth tax
-
No VAT
-
No capital gains tax
-
No stamp duty (other than in relation to real estate situate in Gibraltar)
-
No tax on investment income or savings
Gibraltar provides an excellent framework for restructuring your private wealth/ holdings, limits taxes payable on your worldwide income. You may continue to become liable to taxes in other jurisdictions in which you are either resident or deemed to be resident for tax purposes and your tax affairs must therefore be planned professionally.