Europe · Iberia

Gibraltar

A capped-tax British jurisdiction on the Spanish border that just repriced itself upward: from June 2026 Category 2 demands GBP 5m of net worth, and from 15 July 2026 the UK-EU treaty removes the land frontier with Spain — remaking Gibraltar's connectivity and its appeal simultaneously.

Last verified July 2026190 visa-free destinations

Tax position

Income tax (top)
two systems: the Allowance Based System (up to 39% on higher bands) or the Gross Income Based System (top marginal band around 25–28%); taxpayers take whichever is lower
Capital gains
none
Wealth tax
none
Inheritance tax
none — no estate duty
Special regime
Category 2 (assessable income capped at GBP 118,000) and HEPSS (capped at GBP 160,000)
Territorial
Yes — foreign-source income generally outside scope
CFC rules
No
Exit tax
No
CRS
Participating

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