Introduction
The Gibraltar Government has recently revised the legislation relating to "High Net Worth Individuals" establishing tax residency on The Rock. Originally introduced in 1992 and revised in recent legislation known as the Qualifying (Category 2) Individuals Rules 1999.
What is High Net Worth Status
This status was introduced by the Gibraltar Government in 1992 through the introduction of low tax limits for wealthy individuals who wish to establish a residence in Gibraltar.
Who can mainly benefit?
Any wealthy individual especially those who are currently residents of high tax jurisdictions such as United Kingdom, Germany, Switzerland, Ireland and France.
What are the advantages of becoming a High Net Worth Individual (HNWI)?
