Relocation

Working in Gibraltar: A Complete Relocation Guide

Editorial Team • • 8 min read

Why Work in Gibraltar?

Gibraltar offers a unique combination of a strong English-speaking business environment, Mediterranean climate, competitive tax rates and proximity to Spain. It is particularly attractive for professionals in iGaming, finance, legal and tech sectors. The average commute involves crossing the border from La Linea de la Concepcion in Spain, where many Gibraltar workers live due to lower housing costs.

Tax in Gibraltar

Gibraltar has its own tax system, separate from the UK and Spain. Personal income tax is calculated under the Gross Income Based System (GIBS) or the Allowance Based System (ABS), whichever results in a lower liability. The maximum effective rate under GIBS is around 25 percent. There is no VAT, no capital gains tax and no inheritance tax on assets within Gibraltar. Corporate tax for most businesses is 12.5 percent, rising to 15 percent from 2024 for companies with turnover above certain thresholds.

Living in Gibraltar vs Spain

Gibraltar is expensive for housing. A one-bedroom apartment in town typically costs £1,000 to £1,500 per month, while larger apartments in developments like Ocean Village or Grand Ocean Plaza can exceed £2,500. Many workers choose to live in La Linea, Sotogrande, Estepona or other nearby Spanish towns where rent is 40 to 60 percent cheaper. The trade-off is a daily border crossing, which can take anywhere from 5 minutes to 45 minutes depending on the time of day and the political weather between Gibraltar and Spain.

Work Permits

British citizens have the right to live and work in Gibraltar without a permit. EU nationals can also work in Gibraltar relatively easily, though the post-Brexit arrangements have introduced some changes. Non-EU nationals will need an employment permit sponsored by their employer. The process is generally straightforward for skilled roles in sectors where Gibraltar has a shortage of local talent.

Cost of Living

Groceries and dining out are broadly comparable to the UK, sometimes slightly more expensive. The absence of VAT means electronics, alcohol and certain goods are cheaper. Petrol is significantly cheaper than in Spain or the UK. Healthcare is provided through the Gibraltar Health Authority for residents, or many employers offer private medical insurance as a benefit.