Gibraltar’s inclusion in the Schengen Acquis

With the verbal agreement in principle reached with Spain that Gibraltar will be included in the group of countries covered by Schengen, the jurisdiction will become once more an attractive place for high-net-worth individuals to reside. This of course has benefits for Sotogrande as these HNWI residents in Gibraltar may consider Sotogrande as a place to have a weekend home.

Benefits of Gibraltar residence include:

• Attractive Personal tax system including tax systems targeted at High Net Worth Individuals and High level Executives
• Attractive Corporate tax
• Zero wealth tax
• Zero capital gains or inheritance tax
• Zero  tax on investment income
• Business friendly with easy access to key decision makers
• Best posible weather
• Schengen access to Spain including the nearby Sotogrande and Marbella
• English education system
• Local airport in Gibraltar and 1 hour drive away from Malaga Airport the fourth busiest airport in Spain.

Should any reader of this blog require more information please do contact me and I will direct them to reputable advisors.

Charles Gubbins.
✉ charles.gubbins@noll-sotogrande.com
? +34 607 911 661

??? Noll Sotogrande Real Estate

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