Tax Implications of Moving to Gibraltar
Moving abroad is something that many Britons yearn to do, and Gibraltar is a very popular destination for many of them, being a British overseas territory within the EU.
Yet how much do you know about the tax implications of moving to Gibraltar?
There are many issues which people face when moving from the UK to Gibraltar. Depending on your circumstances, there are likely to be things that you can do to minimise the problems and reduce your tax liability by moving to Gibraltar!
You should always take advice when looking to purchase property in and/or move to any country, as tax rules and methods of calculation vary from country to country. An adviser with a good understanding of both jurisdictions can help you understand the tax implications of your move, and work out how to make your money work for you, protecting it against foreign taxes, and how to make the most of the opportunities available.