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

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.