Jobs in Gibraltar

Offshore Recruitment – Gibraltar

Strategically located at the entrance to the Mediterranean, Gibraltar is a self-governing British Overseas territory that is a member of the European Union. The OECD Convention and instruments also apply to Gibraltar. Gibraltar is therefore included as a territory within the UK's membership of the OECD. The successful candidate will relocate to Gibraltar and benefit from an economic climate that affords Gibraltarians the following:

Favourable fiscal environment; robust, healthy economy with both onshore and offshore benefits; GDP over £600million (2005)
No VAT, Estate Duty, Capital Gains, wealth, Inheritance, gift or other capital taxes; Low tax jurisdiction overall
Excellent communications infrastructure; state-of-the-art technology; advanced fibre-optic communications; high resilience and very secure
Liberalised telecommunications market
Strong, professional and first-class financial services infrastructure
A British, international finance centre within the EU
International airport; excellent road links into Europe and Africa
Separate and distinct jurisdiction that is regulated to EU and UK standards
Mixed cultures; pleasant, high quality of life with increasing luxury and affordable property developments; safe place all-round

Gibraltar's burgeoning financial services sector dates back to the enactment of the Companies (Taxation and Concessions) Ordinance in 1967, which made provision for a special tax regime for international business. The industry has made great strides since those early days, and now includes a broad spectrum of professional services, ranging from private banking to captive insurance management.

Gibraltar is a unique jurisdiction for the promotion and development of financial services. It has a common law legal system, highly-developed professional infrastructure, first-class regulation and access to the EU single market in financial services.

The GFC facilities in the prime development of Europort, which include a spacious conference room, are used as a meeting place for all the various industry associations as well as their umbrella body, the Finance Centre Council.

Gibraltar's financial services industry is constantly evolving. Recent trends include the establishment on the Rock of a number of Swiss portfolio managers, the commencement of direct trading on Eurex, the German/Swiss financial futures exchange, and the promotion of Gibraltar as a domicile for securitisation.

In the important sphere of regulation, investors can rest assured that the Rock's financial services are regulated to the highest standards. A Deposit Protection Scheme came into effect in 1999 and an Investor Protection Scheme will follow. As part of the European Union, Gibraltar implements all relevant EU directives, but the Financial Services Commission goes further by regulating the industry to UK standards.

Such is the reputation that Gibraltar has acquired in recent years that it is increasingly being referred to as a regulatory benchmark for other jurisdictions. In fact, the Edwards report (commissioned by the UK in 1998 to review regulatory practices in the Channel Islands and the Isle of Man) used Gibraltar as a point of comparison when making recommendations for other centres.