Gibraltar: Country and Foreign Investment
Investments by Foreigners
Foreign investment in Gibraltar is actively promoted by the government largely to create job opportunites. Tax concessions have traditionally been governed by The Development Aid Ordinance. Concessions have usually been available to light manufacturers who intend to export from Gibraltar, with any corporation with a development aid license granted by the governor for a project that will benefit Gibraltar's economy exempted from paying income tax on profit earned from the development until the total gains from the development exceed the percentage of approved capital expenditure.
To qualify for a license, projects are usually required to provide at least two housing units in Gibraltar; create new industry; provide a material and immovable asset in Gibraltar; develop the tourist industry; provide new employment opportunities or tangibly enhance the economic or financial infrastructure of Gibraltar.