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Gibraltar is mythologically known as one of the Pillars of Hercules. It has long been regarded as an important military bastion due to its strategic location at the entrance to the Mediterranean.
Gibraltar has been British since 1704 and has formed part of the European Union since 1973.
As a result it offers a unique opportunity to the financial services industry as the only British offshore financial centre within the EU.
Despite its EU status, Gibraltar is able to offer a favourable tax structure which features no application of value added tax, no capital gains tax and offers opportunities for non-resident individuals and entities to substantially reduce their exposure to local income and corporation taxes.
Gibraltar benefits from a common law framework, UK-trained professionals and an award winning financial services regulator the
Gibraltar Financial Services Commission. Recently Gibraltar has received investment passporting rights that enable local authorised investment services providers to market their products directly into EU member states.
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