Whether looking to establish a commercial presence in Gibraltar or as an individual looking to relocate to Gibraltar to take advantage of Gibraltar’s favourable personal offering, we can offer a “one stop shop” for professional services in Gibraltar and internationally. We work with a number of trusted partners to provide associated services that are complementary to our own. Our preferred partner Acquarius Trust Group is a licensed Trust and Company Manager, Foundation Councilor and Pension Administrator. Similarly our association with Savills Gibraltar means we have access to a leading local and global property advisory service.
Whatever our client’s needs are in the private client field we have the expertise, experience and partnerships to ensure best advice is given at all times both locally and in any other jurisdiction relevant to you, the client. The importance of understanding the need for this in today’s transparent and interconnected world cannot be underestimated. We are familiar and indeed advise on all FATCA, CRS and other international compliance agendas. Our senior partner has been instrumental through his positions in Gibraltar’s Finance Centre Council and the Association of Trust & Company Managers in shaping their introduction to local legislation.
Gibraltar offers excellent infrastructure for the modern business including, international standards of communications, connectivity and office space. With a highly educated and professional workforce, Gibraltar is an English speaking common law finance centre and consequently, many of our clients are looking not just to set up passive holding companies but to set up substantial operations in Gibraltar.
Through a combination of our in house service and strategic partnerships (including with the Acquarius Trust Group & Savills) we have assisted many clients throughout the business life cycle, from incorporation, providing the company with its first directors and assisting with recruitment of the first employees and office space through growth and all the way to eventual sale. We can assist with all outsourcing requirements including accountancy and payroll and can deal with all and any personal and corporate matter, legal, property, staff relocation and local concierge.
Located at the southernmost point of the Iberian Peninsula, with its special individual tax statuses, unrivaled climate, excellent communications, travel connections, infrastructure as well as some of the best watersports, golf and polo in Europe, Gibraltar offers an extremely attractive jurisdiction for work and play.
Depending on an applicant’s situation, there are two types of Gibraltar special residency status available:
Qualifying (Category 2) Individual (“Cat2”). The benefits of obtaining Category 2 status in Gibraltar are particularly compelling for individuals from countries where levels of personal income tax and who are internationally mobile. Income tax is payable on worldwide income capped at £27,560 per annum, with a minimum payment of £22,000. Cat 2 applicants must demonstrate a net worth of at least £2 million and maintain an approved residential property in Gibraltar throughout the residency period, which may be purchased or rented exclusively for the applicant’s use.
High Executive Possessing Specialist Skills Individual (HEPSS). An individual with specialist skills who is intending to relocate to Gibraltar can apply to become a tax resident as a HEPSS. HEPPS applicants pay income tax only on the first £120,000 of their income. HEPPS applicants are required to provide evidence of employment as a high executive or member of senior management with an income of £120,000 or more and, as with Cat 2 applications, must maintain an approved residential property throughout residency period either purchased or rented exclusively for the applicants use.
Property in Gibraltar remains a vibrant market and our clients have varying needs. From Private Clients, looking to relocate and access the very best available properties to companies looking for commercial office space or investors looking to access the strong yields that Gibraltar’s rental market offers. We work closely with Savills Gibraltar, part of the Savills network and one of the most respected property advisory companies in the world.
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