Gibraltar Cat 2 Status
Tax residence
High Net Worth Individuals (“HNWIs”) as defined under Qualifying (Category 2) Individuals Rules 2004 – Income Tax Act
1. Tax
- Payable on first £80,000 of income only
- Minimum tax payable £22,000
- Maximum tax payable £29,000
2. Basic Requirements
- Minimum net worth £2m
- Approved Property for rent or purchase
- Applicant must be of good character
3. Miscellaneous
- Some requirements may be waived
- HNWIs may enter into limited trading activities
- No capital gains tax, inheritance tax, wealth tax or sales tax
4. Cost
We will assist in the application and guide you through the entire process.
The total cost will be £3,500 including the non-refundable application fee of £1,000.