CAT 2 & HEPSS Tax Status - benefits and requirements (infographic)

Update - June 2026

The criteria anticipated in this article have now been published. Read our full analysis of the new residence rules: New Gibraltar Residence Criteria (2026).

Update — 18 June 2026. The figures in the infographic below predate changes the Government announced on 18 June 2026. The Category 2 application fee will increase to £5,000 and the minimum net worth requirement for new applicants will rise to £5 million, with existing Category 2 individuals fully grandfathered. The new rules also confirm that Category 2 status carries no entitlement to publicly funded schooling or healthcare, and that a person who does not maintain their Category 2 status has no right to remain resident in Gibraltar. These changes will take effect on amendment of the Qualifying (Category 2) Individuals Rules 2004. For current figures, contact our Private Client team.

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On 30th October 2024, the Chancellor of the UK, Rachel Reeves announced a budget with over £40bn in tax rises (more than any budget in at least half a century). 

Many will have already made plans to relocate in anticipation of these changes. Many others will be looking at their options. 

Yesterday we published a super snappy overview of the changes relevant to non-doms, and the key reasons for non-doms to consider Gibraltar as an alternative. Apart from becoming ordinarily resident in Gibraltar, there are 2 other attractive options available to foreigners:

• CAT 2 Status for High Net Worth Individuals
• HEPSS for Highly Skilled Workers

To help you understand the benefits and requirements of these options, we have prepared a simple infographic. 

Please share with your networks and contact Grahame or me with any queries. 

Download your hi res version here.

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