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Property
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who tend to seek 3 / 4-bedroom properties; this reduces risks by splitting markets up and attracting varied profiles.
Opportunities will invariably present themselves The Bank of England have reduced interest rates once again to the lowest levels ever, thereby providing cheaper access to borrowing. Some investors have been keen to jump into the market for the right deals, which do exist if you are looking at the medium to long term exposure.
Looking at the bigger picture and considering Gibraltar’s historic ability to overcome hurdles, there are indeed opportunities for all, and not just the savvy investor. The appetite is there, albeit overshadowed by an uncertain eye; and true to the nature of our small, diversified and dynamic economy, our innate ability to seek new goals and new markets will be sought and found.
It is the very basis upon which Gibraltar has survived and flourished in the past.
In summary
Navigating this chapter in our story is of course crucial and to date we (Gibraltar Inc) have done phenomenally well in managing the
primary factor of this virus, that being the health and well-being of our health service. The government has also taken crucial steps in managing what is essentially an economy in partial levitation (the pause effect). The BEAT Covid19 facilities to business’ in real need, have provided a much-needed fiscal lung and adds a level of comfort and confidence to our economy and in the governments handling of this crisis. Their steering and management to date has been nothing short of exceptional, in all aspects, but in particular, their steadfast grip and resolve in minimising the clear anxieties we all feel, from the personal to the fiscal. We say this with no agenda, but rather
a show of support and thanks; and we do so with the firm belief that this will pass and we will be stronger, wiser and better placed to emerge from this in the best possible form.
Moreover and as mentioned by the Minister for Financial Services, it will be our capacity to deal with this crisis in the manner that we are, that will earn us the respect of those seeking to invest and re-locate to Gibraltar as we see brighter days emerge; for it is the example we
show during this crisis that will instil confidence in our economy and way of life for the future.
We hope you are all staying safe and doing well and wish you the very best during these difficult times.
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18 Gibraltar International
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