Who can apply?

Minimum criteria for eligibility for the main applicant

In order for this Category 2 status to be awarded, the following minimum criteria must be met:
  • The applicant must have a minimum net wealth of £2 million.
  • The applicant must have exclusive use of approved property, either bought or rented. The property must be of a certain standard and appropriate to sustain the lifestyle of the individual and family.
  • The applicant must not undertake business activities which compete with local entities that derive their income from within Gibraltar.
  • Some restrictions can apply if the applicant has lived or worked in Gibraltar within the preceding 5 years.
  • ‘CAT 2’ status is awarded on the decision of the Finance Centre Director.

Category 2 approved properties will cost a minimum of £300,000 or rental from £1,500 pcm. The Gibraltar property market is buoyant with a number of prestigious recent developments. Property purchases attract a Stamp Duty charge, but there is no Capital Gains Tax regime and hence no Capital Gains Tax on sale.

Please complete the 'contact' form and we will be pleased to send you our Gibraltar brochure and complete fee schedule.