Residency And Cat 2 In Gibraltar

Update, November 2026. The figures in this article have changed. Following changes announced by HM Government of Gibraltar on 18 June 2026, a new Category 2 applicant must have a net worth in excess of £5 million and pays an application fee of £5,000; existing Category 2 individuals are fully grandfathered. A Category 2 individual is taxed on the first £118,000 of assessable income, with a minimum annual tax of £37,000 and a maximum of £42,380. The current position is maintained at https://www.gibraltarlaw.com/expertise/private-client/category-2-status-in-gibraltar/.

Individuals who wish to enjoy the benefits of Mediterranean living in a beneficial tax environment may avail themselves of the Qualifying (Category 2) Individual Rules 2004 (the Rules) which were made under the Income Tax Act.  Such individuals may become residents of Gibraltar and in this connection may apply for a Qualifying Certificate under the Rules.