Gibraltar company structures and residency

I have travelled to and networked with lawyers in Gibraltar. Gibraltar can offer people with fantastic company structures and residency status. 

Gibraltar is truly unique in many respects and is a place every business person should know about.
It holds sovereignty through the UK and has a common law legal system. It is landlocked with Spain and has it's own international airport. Gibraltar has been held for 300 years and commands picturesque views of Both Spain and North Africa. 

Any person that can prove their source of income and good character is able to purchase purchase a company in Gibraltar. Professional Directors can be nominated to run the company for you. The corporate tax rate is 10% and there is no tax on deposits held at the bank. Gibraltar does require some tax be paid and is therefore not strictly speaking a tax haven. This makes Gibraltar one of the best safe spots in Europe for holding companies. 

You have the choice of several european private banks and the minimum deposit with these institutions is approximately 200,000 pounds. Some have a minimum deposit of 1 Million. 

If you are interested in moving to Gibraltar or Europe special residency is available for those worth over 2m pounds. 

You need to provide reports from a professional of good character and also from your accountant proving that you have total assets in excess of 2 million pounds. 

You need to either rent or purchase a property that is approved by the Authorities in Gibraltar. This should cost approximately 2000-4000 pounds per month to rent and approximately 200,000 pounds to buy. 

Special residency entitles you to a sliding capped tax rate between 22,000 to 33,000 pounds per year. 

This effectively means you can come and go as you please in Gibraltar, drive over the boarder to Spain and through the south of France. Take a plane to the Swiss Alps or head to the UK for a cup of tea.

Whether your income for the year was $300,000 or 100 million your income tax rate will be capped at between 22,000 and 33,000 pounds. 

After spending some time on the Rock of Gibraltar and meeting some of the people there it became quite clear. Special residency is a well known secret for the worlds rich who wish to enjoy fantastic year round weather and access to Europe. 

With the recent Brexit from the EU there will be a transitionary period but it seems likely that Gibraltar will be business as usual for another 300 years. 

I can discuss company or residency set ups in Gibraltar in more detail.