Gibraltar is a unique destination that offers a blend of Mediterranean lifestyle, low taxes, and access to Europe and Africa. A British Overseas Territory, at only 2.6 square miles (6.7 square kilometres) in size, Gibraltar is one of the smallest countries in the world with its massive limestone rock formation, the Rock of Gibraltar, being its most famous tourist attraction. The Rock rises 1,398 feet (426 meters) above sea level and is home to a network of tunnels and caves, including the famous St. Michael's Cave as well as the infamous Barbary macaque monkeys.
Here are five fantastic reasons why you should consider moving and living in this small but mighty British Overseas Territory:
Mediterranean Climate
Gibraltar enjoys a warm and sunny Mediterranean climate, with mild winters and hot summers. The average temperature in July and August is around 30°C (86°F) which makes it a great place to enjoy outdoor activities all year round, such as hiking, swimming, and water sports. With over 300 days of sunshine per year, you'll never run out of opportunities to enjoy the great outdoors.
Tax Advantages
Gibraltar is known for its low taxes, with no VAT, no sales tax, and no inheritance tax. This makes it an attractive destination for entrepreneurs, businesses, and retirees who want to enjoy a more favorable tax environment. With a stable and transparent tax system, Gibraltar has become a hub for financial and business services in the region.
It also has a duty-free status, which means that goods and services are generally cheaper than in neighboring Spain.
Multicultural Community
Gibraltar is a multicultural community, with a blend of British, Spanish, Portuguese, and Moroccan cultures. This creates a unique and diverse community that is welcoming and inclusive to people from all backgrounds. With English as the official language, and Spanish a close second, it's easy to settle in and feel at home in this vibrant and cosmopolitan destination.
Despite being a small country, Gibraltar has its own football league and national team (see Gibraltar FA for more), which competes against other countries in the UEFA Nations League
Access to Europe and Africa
Gibraltar is strategically located at the entrance to the Mediterranean, with easy access to Europe and Africa. It's a gateway to the region, making it a great base for exploring nearby destinations, such as Andalusia, Morocco, and the rest of Europe. With daily flights to major European cities and ferry services to Morocco, Gibraltar offers a great way to experience different cultures and lifestyles.
High Quality of Life
Gibraltar offers a high quality of life, with excellent healthcare, education, and infrastructure. It's a safe and secure destination with a low crime rate, making it a great place to raise a family or retire. With a range of recreational and cultural activities, such as museums, art galleries, and theatres, there's always something to do in Gibraltar.
The currency used in Gibraltar is the Gibraltar Pound, which is pegged to the British Pound Sterling at a 1:1 exchange rate.
Overall, Gibraltar is a unique destination that offers a blend of Mediterranean lifestyle, low taxes, and access to Europe and Africa. Whether you're a business owner, entrepreneur, retiree, or just looking for a change of scenery, Gibraltar has something to offer for everyone.
Contact our removals and storage branch on Gibraltar for more helpful moving advice and a free quote.