Gibraltar is moving towards a new era after the UK and Spain
reached a preliminary post-Brexit deal on New Year's Eve, just
hours before the end of the Brexit transition period, to avoid a
hard border. This outline agreement will allow Gibraltar, a British
Overseas Territory, to join the Schengen zone that guarantees
passport-free travel and freedom of movement to more than 400
million EU citizens. As a result, Gibraltar's port and airport
will become the external borders of the Schengen area.
At the same time, the Gibraltar government has announced that it
is expanding the jurisdictions that are directly eligible for yacht
registration in Gibraltar by way of an amendment to the Gibraltar
Merchant Shipping (Pleasure Yachts) Regulations under the Gibraltar
Merchant Shipping (Registration) Act, 1993. The amended regulations
were gazetted on 4 February and have effect as of 1 January
2021.