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16 Gibraltar International www.gibraltarinternational.comstructures) that align with global estate planning strategies.Principals of family offices can apply for Category 2 status, securing personal tax efficiency while managing global assets. Gibraltar%u2019s legal system, based on English common law, ensures privacy, asset protection, and regulatory clarity.Key benefits:%u2022 Tax-efficient wealth transfer;%u2022 Legal certainty and confidentiality;%u2022 Flexible structuring options for global holdings;%u2022 Lifestyle appeal for family relocation.For relocation consultantsGibraltar offers a clear and efficient pathway to residency. The Category 2 and HEPSS statuses have well defined financial and accommodation requirements. The jurisdiction is English-speaking, safe, and offers a Mediterranean lifestyle ideal for clients seeking both tax benefits and quality of life.HEPSS status is tailored for executives earning over %u00a3160,000.00 annually and possessing specialist skills that contribute to Gibraltar%u2019s economy. It limits tax liability to %u00a339,940.00 and requires local employment.Key benefits for clients:%u2022 Fast-track residency process;%u2022 No wealth, capital gains, or inheritance taxes;%u2022 Business-friendly environment;%u2022 High standard of living and connectivity.Residency requirementsTo qualify for Category 2 or HEPSS, applicants must:%u2022 Secure approved residential accommodation in Gibraltar;%u2022 Provide two professional references (one from an international bank);%u2022 Hold private comprehensive health insurance;%u2022 Submit proof of net worth (%u00a32M for Category 2) or income (%u00a3160K+ for HEPSS);%u2022 Provide a valid passport and CV.Once approved, applicants must apply for a Civilian Registration Card. HEPSS applicants must not have lived or worked in Gibraltar in the 36 months prior to applying.Application process%u2022 Application fee currently %u00a31,233.00 for either Category 2 or HEPSS;%u2022 Category 2 applicants once the status is granted are required to deposit an amount equal to the maximum tax liability, refundable when the status is ended; %u2022 Certificates are issued indefinitely, subject to continued compliance.Summary of UK-EU Treaty negotiations regarding Gibraltar (September 2025)On 11 June 2025, the UK, EU, Spain, and Gibraltar reached a political agreement on the core aspects of a future treaty governing Gibraltar%u2019s post-Brexit relationship with the EU. Key elements include removal of border checks between Gibraltar and Spain, dual border checks at Gibraltar%u2019s airport and port, a customs union between Gibraltar and the EU, and cooperation on law enforcement, taxation, environmental standards, and frontier workers%u2019 rights.%u2022 Disappearance of the physical land border with Spain; %u2022 Immigration control will be relocated toGibraltar%u2019s International airport; %u2022 Gibraltar will not join the Schengen Area, but Schengen rules will apply to nonresidents entering via Gibraltar; Negotiators aim to finalise the legal text by October 2025, with ratification expected by Christmas and implementation in early 2026. The treaty does not affect the sovereignty of Gibraltar. A new bilateral cooperation agreement between the United Kingdom and Spain was signed in September 2025, focusing on economic growth and migration, building on the Gibraltar deal.ConclusionGibraltar offers a rare combination of tax efficiency, legal stability, and lifestyle appeal. Whether you%u2019re an investor, a family office, planning for future generations, or a consultant guiding clients through relocation, Gibraltar provides a robust framework for strategic residency.By securing Category 2 or HEPSS status, individuals can achieve limited income tax exposure and a secure and attractive base for global operations. Gibraltar isn%u2019t just a geographical location it%u2019s a lifestyle and business hub for forward thinking individuals and families.Private Clientswww.triay.comContinued from p14