Gibraltar · Investing

Gibraltar Category 2 (high net worth)

Assets needed: £5M+ ≈ $6.6M

Qualifying (Category 2) Individual certificate for high net worth individuals

Checked against official sources on 12 Oct 2026, some details partly verifiedChange log

Key facts

Category 2 (high net worth) is an investing route for Gibraltar. Applicants need assets of £5M+ ≈ $6.6M. Local work: limited. Checked 2026-10-12 against the official source.

Money needed: £5M+ ≈ $6.6M
Government fees: £37k+/yr ≈ $49k · £5,000 ≈ $6,610

Cost, time and long term

To apply: 2 government fees listed below; assets to show £5M+ ≈ $6.6M. No lawyer or agent fee is included.

Government fees£37k+/yr ≈ $49k · £5,000 ≈ $6,610

GBP 37,000 a year (≈ $48,900)Minimum tax payable for each year of assessment after the first (£3,083.33 (≈ $4,080) for each month or part month in the first and last year), paid as an advance payment by 30 November.
GBP 5,000 (≈ $6,610)Non-refundable application fee (Category 2 Rules, rule 8), accompanied by a refundable advance payment equal to the maximum tax.

Shown, not spent£5M+ ≈ $6.6M

GBP 5,000,000 (≈ $6,610,000)Minimum net wealth for new applicants announced by the Government on 18 June 2026; the previous minimum was £2 million (≈ $2,640,000) and existing Category 2 individuals are exempt from the new figure.

RenewalRenewable

The certificate is valid indefinitely while the conditions are met and is endorsed every three years.

HM Government of Gibraltar, Gibraltar Laws

Why this route may not fit

Check this before you apply.

Work rights are limited

What you'll need

Who can apply5

New applicants need net wealth of at least £5 million (≈ $6,610,000), as announced on 18 June 2026; the earlier minimum was £2 million (≈ $2,640,000).
The applicant was not present in Gibraltar more than 183 days in any of the last five tax years, or on average more than 90 days over any three.
The applicant carried on no trade, business, profession or employment in Gibraltar in the last five years, apart from work based abroad.
The Finance Centre Director must find the applicant of substantial and sound financial standing, good character and no harm to Gibraltar's reputation.
The Finance Centre Director may waive the previous-residence and activity requirements where it benefits Gibraltar's economic development.

What you must show2

Non-refundable application fee of £5,000 (≈ $6,610) and a refundable advance payment equal to the maximum yearly tax.
Tax is charged on the first £118,000 (≈ $156,000) of taxable income, with a minimum of £37,000 (≈ $48,900) a year.

Documents2

Approved residential accommodation in Gibraltar, bought or rented, available for the applicant's exclusive use for the whole year.
Two references from recognised professionals, one from a bank and one from a law or accountancy firm, plus passport copy, CV and proof of financial standing.

Steps2

Apply in writing to the Finance Centre Director at Gibraltar Finance, Europort, Gibraltar.
Give the title deed or rental contract of the property to the Finance Centre Director within two months of the certificate.

After you arrive3

The certificate is valid indefinitely if the conditions continue, and is submitted for endorsement every three years.
Category 2 status gives no entitlement to publicly funded schooling or healthcare.
The Government announced that a person who does not keep Category 2 status will have no right to remain resident.

When you become tax resident

How Gibraltar decides tax residence and treats foreign-source income, from its tax records.

Tax residence

More than 183 days in any of the last five tax years before the applicationPresence in Gibraltar for more than 183 days in any of the last five years of assessment excludes an applicant unless waived.
More than 90 days in average over any three of the last five tax yearsAverage presence of more than 90 days over any three of the last five years of assessment excludes an applicant unless waived.
At least 183 days in a tax year (1 July to 30 June)Presence in Gibraltar for at least 183 days in aggregate in a year of assessment makes an individual ordinarily resident.
More than 300 days in a three consecutive tax yearsPresence in Gibraltar for more than 300 days over three consecutive tax years makes an individual ordinarily resident.

Foreign-source income

Individuals are taxed on income arising in or derived from Gibraltar; ordinarily resident individuals are also taxed on dividends, pensions and emoluments from abroad that are received in Gibraltar.

Regime tied to this route

Category 2 individuals: tax on the first £118,000 of income, minimum £37,000 a year · Tax relief

A Category 2 individual is taxed under the Allowances Based System on the first £118,000 (≈ $156,000) of taxable income only, with a minimum yearly tax of £37,000 (≈ $48,900) and a maximum of £42,380 (≈ $56,000); income from abroad is left out of the charge unless the individual elects otherwise.

All tax rules for Gibraltar Tax records checked 11 Oct 2026

Official site

Full official text

Tax-residence certificate for wealthy individuals who keep approved Gibraltar accommodation: tax is charged on the first £118,000 (≈ $156,000) of taxable income only, with a minimum yearly tax of £37,000 (≈ $48,900); the Government has announced a £5 million (≈ $6,610,000) minimum net wealth for new applicants. ^{1 2 3 4 5}

What you must show and pay

Assets of at least GBP 5,000,000 (≈ $6,610,000) · Minimum net wealth for new applicants announced by the Government on 18 June 2026; the previous minimum was £2 million (≈ $2,640,000) and existing Category 2 individuals are exempt from the new figure. ²
A fee of GBP 37,000 a year (≈ $48,900) · Minimum tax payable for each year of assessment after the first (£3,083.33 (≈ $4,080) for each month or part month in the first and last year), paid as an advance payment by 30 November. ^{1 3}
A fee of GBP 5,000 (≈ $6,610) · Non-refundable application fee (Category 2 Rules, rule 8), accompanied by a refundable advance payment equal to the maximum tax. ^{1 2}

Requirements

New applicants need net wealth of at least £5 million (≈ $6,610,000), as announced on 18 June 2026; the earlier minimum was £2 million (≈ $2,640,000). ²
The applicant was not present in Gibraltar more than 183 days in any of the last five tax years, or on average more than 90 days over any three. ¹
The applicant carried on no trade, business, profession or employment in Gibraltar in the last five years, apart from work based abroad. ¹
The Finance Centre Director must find the applicant of substantial and sound financial standing, good character and no harm to Gibraltar's reputation. ¹
The Finance Centre Director may waive the previous-residence and activity requirements where it benefits Gibraltar's economic development. ¹
Non-refundable application fee of £5,000 (≈ $6,610) and a refundable advance payment equal to the maximum yearly tax. ¹
Tax is charged on the first £118,000 (≈ $156,000) of taxable income, with a minimum of £37,000 (≈ $48,900) a year. ^{1 3}
Approved residential accommodation in Gibraltar, bought or rented, available for the applicant's exclusive use for the whole year. ^{1 4}
Two references from recognised professionals, one from a bank and one from a law or accountancy firm, plus passport copy, CV and proof of financial standing. ⁵
Apply in writing to the Finance Centre Director at Gibraltar Finance, Europort, Gibraltar. ^{3 1}
Give the title deed or rental contract of the property to the Finance Centre Director within two months of the certificate. ⁵
The certificate is valid indefinitely if the conditions continue, and is submitted for endorsement every three years. ¹
Category 2 status gives no entitlement to publicly funded schooling or healthcare. ²
The Government announced that a person who does not keep Category 2 status will have no right to remain resident. ²

Stay

Certificate valid indefinitely while the conditions are met; endorsed every three years.

Nationality

No nationality restriction in the Residency Regulations 2026.

Work

Trade, business or employment in Gibraltar only with the Finance Centre Director's approval that it benefits economic development; duties incidental to work based abroad are allowed.

Family

A spouse or civil partner and children may elect to have their income treated as the Category 2 individual's, or apply for a certificate in their own right.

Fine print

The GBP 5 million (≈ $6,610,000) minimum net wealth for new applicants comes from a Government press release of June 2026, which gives no start date. The Category 2 Rules as in force from 22 June 2026 state no net-wealth figure, and no legal instrument for the GBP 5 million (≈ $6,610,000) was found on 12 October 2026. The GBP 5,000 (≈ $6,610) application fee is in the Rules from 22 June 2026.

Checked 2026-10-12 · partly verified

Official sources

Qualifying (Category 2) Individuals Rules 2004 (LN 2004/070, as amended to 22 June 2026) · HM Government of Gibraltar, Gibraltar Laws · checked 2026-10-11 · published 2026-06-22
Government announces changes to Category 2 regime - 469/2026 · HM Government of Gibraltar, Press Office · checked 2026-10-11 · published 2026-06-18
Income Tax Office: Qualifying Individuals (Category 2 and HEPSS) · HM Government of Gibraltar, Income Tax Office · checked 2026-10-11
Income Tax Office: income tax for individuals · HM Government of Gibraltar, Income Tax Office · checked 2026-10-11
Tax Residence (Category 2 application and references) · Gibraltar Finance, HM Government of Gibraltar · checked 2026-10-11

Category 2 (high net worth) and its alternatives

Route	Money needed	Stay	Work
Category 2 (high net worth)	Needs assets of £5M+ ≈ $6.6M	–	Limited
Golden Visa · €250k arts Portugal	Needs an investment of €250k+ ≈ $279k	2 yr, renewable	–
D5 · Property over $150k Georgia	Needs assets of $150k+	1 yr, renewable	No
Investor Visa · €1M donation Italy	Needs an investment of €1M+ ≈ $1.1M	2 yr, renewable	–
Golden Visa · €350k mutual fund Greece	Needs an investment of €350k+ ≈ $391k	5 yr, renewable	–

Questions people ask

How much money do I need for the Category 2 (high net worth)?

Assets of at least GBP 5,000,000 (≈ $6,610,000). Minimum net wealth for new applicants announced by the Government on 18 June 2026; the previous minimum was £2 million (≈ $2,640,000) and existing Category 2 individuals are exempt from the new figure. A fee of GBP 37,000 a year (≈ $48,900). Minimum tax payable for each year of assessment after the first (£3,083.33 (≈ $4,080) for each month or part month in the first and last year), paid as an advance payment by 30 November. A fee of GBP 5,000 (≈ $6,610). Non-refundable application fee (Category 2 Rules, rule 8), accompanied by a refundable advance payment equal to the maximum tax.

How long can I stay on the Category 2 (high net worth)?

Certificate valid indefinitely while the conditions are met; endorsed every three years.

Can I work on the Category 2 (high net worth)?

Limited. Trade, business or employment in Gibraltar only with the Finance Centre Director's approval that it benefits economic development; duties incidental to work based abroad are allowed.

Can I bring my family on the Category 2 (high net worth)?

A spouse or civil partner and children may elect to have their income treated as the Category 2 individual's, or apply for a certificate in their own right.

Is there a tax break for Category 2 (high net worth) holders in Gibraltar?

Category 2 individuals: tax on the first £118,000 (≈ $156,000) of income, minimum £37,000 (≈ $48,900) a year: A Category 2 individual is taxed under the Allowances Based System on the first £118,000 (≈ $156,000) of taxable income only, with a minimum yearly tax of £37,000 (≈ $48,900) and a maximum of £42,380 (≈ $56,000); income from abroad is left out of the charge unless the individual elects otherwise. It's separate from the visa and has its own conditions.

Tax

Special regime

Category 2 individuals: tax on the first £118,000 of income, minimum £37,000 a year

Tax relief

Details

On: First £118,000 (≈ $156,000) of taxable income under the Allowances Based System rates
Limit: £118k/yr ≈ $156k

Taxed on

First £118,000 (≈ $156,000) of taxable income under the Allowances Based System rates, plus tax on Gibraltar property rents and on any approved Gibraltar business or employment income.

Who it applies to

The individual holds a Category 2 certificate from the Finance Centre Director and has approved exclusive-use accommodation in Gibraltar for the whole year.
Dividends, pensions and emoluments of office arising outside Gibraltar are not counted in assessable income unless the individual elects to include them (foreign-source income).
Income from Gibraltar real property is assessed under the Income Tax Act 2010, and income from an approved Gibraltar trade, business or employment is taxed in the usual way.
A spouse, civil partner or child can elect to have their income treated as the Category 2 individual's.

Exclusions

The Gross Income Based System is not available to a Category 2 individual.
Anyone present in Gibraltar more than 183 days in any of the last five tax years, or on average more than 90 days over any three, or who worked in Gibraltar in that time, is excluded unless the Finance Centre Director waives it.

Limits

GBP 118,000 a year (≈ $156,000) · Taxable income above this amount is not charged
GBP 37,000 a year (≈ $48,900) · Minimum tax payable each year of assessment after the first
GBP 42,380 a year (≈ $56,000) · Maximum annual tax (Income Tax Office figure)
GBP 3,083.33 a month (≈ $4,080) · Minimum tax for each month or part month in the first and last year of the certificate

Days in the country

More than 183 days in any of the last five tax years before the application · Presence in Gibraltar for more than 183 days in any of the last five years of assessment excludes an applicant unless waived.
More than 90 days in average over any three of the last five tax years · Average presence of more than 90 days over any three of the last five years of assessment excludes an applicant unless waived.

Tax residence

Eligibility looks back five tax years for presence and work in Gibraltar; an advance payment of the maximum tax is due by 30 November of each year of assessment.

Visas

Tied to the Category 2 certificate (see “Qualifying (Category 2) Individual certificate for high net worth individuals”). The Government announced on 18 June 2026 that new applicants need £5 million (≈ $6,610,000) net wealth and pay a £5,000 (≈ $6,610) fee.

Other taxes

Social insurance, property rental income and any approved local business income are taxed separately. Category 2 status gives no entitlement to public schooling or healthcare.

Checked against official sources on 11 Oct 2026Change log

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≈ USD figures are approximate: daily reference rates from ExchangeRate-API, dated 12 Oct 2026, refreshed when the site is updated.

Ask the AI about this route AI

An AI assistant answers from the published records on this page and cites them. It can't assess your personal eligibility. Don't include personal details.

How this was checked

Checked on 2026-10-12 against 5 official sources. Status: partly verified; the page marks the facts an official source does not fully confirm.

Every figure on this page comes from the official source it links to. The record was researched against these sources, then reviewed separately, with special attention to effective dates and amendments. Where a source does not state something, the page leaves it out.

Qualifying (Category 2) Individuals Rules 2004 (LN 2004/070, as amended to 22 June 2026) · HM Government of Gibraltar, Gibraltar Laws · checked 2026-10-11
Government announces changes to Category 2 regime - 469/2026 · HM Government of Gibraltar, Press Office · checked 2026-10-11
Income Tax Office: Qualifying Individuals (Category 2 and HEPSS) · HM Government of Gibraltar, Income Tax Office · checked 2026-10-11
Income Tax Office: income tax for individuals · HM Government of Gibraltar, Income Tax Office · checked 2026-10-11
Tax Residence (Category 2 application and references) · Gibraltar Finance, HM Government of Gibraltar · checked 2026-10-11

Tracked since 2026-10-11. Rule changes and corrections are listed on the changes page, and the methodology page explains how facts are checked. Found something out of date? Email contact@stayglobe.app with a link to the official source.