The ISO code of Gibraltar is GI according to the ISO 3166 standard. The local name of the country is the same as its English name. Gibraltar capital city is Gibraltar. People in Gibraltar speak the English language. In the year 1704, Gibraltar emerged as a sovereign political entity.
Gibraltar is located in the UTC +01:00 time zone, which is also called Central European Time or CET. The internet country code top-level domain (ccTLD) for Gibraltar is .gi. The International dialing code for Gibraltar is 350. People in Gibraltar drive on the right side of the road. Total land area of Gibraltar is 7 km² (approx. 3 mi²). Gibraltar is not a landlocked country. It means that is is bordered by at least one major body of water.
Gibraltar is located in Europe. Gibraltar is considered to be a developing nation. The developmental stage of a nation is determined by a number of factors including, but not limited to, economic prosperity, life expectancy, income equality, and quality of life.
Currently Gibraltar faces various issues, including limited natural freshwater resources: large concrete or natural rock water catchments collect rainwater (no longer used for drinking water) and adequate desalination plant.
Doing business in Gibraltar
We offer various corporate services in Gibraltar jurisdiction. These services can serve both, people coming from Gibraltar and foreigners. If you plan on doing business in Gibraltar you might be interested in contacting us.
To find out about starting your business in Gibraltar click on company formation in Gibraltar.
To find out how to open a bank account in Gibraltar and moreover what type of account Confidus Solutions suggests to create, please click on bank account in Gibraltar.
Choose preferred service below or continue reading to find out more about Gibraltar.
Demographics of Gibraltar
The total population of Gibraltar is 34,733 people. In Gibraltar, the population density is 4250 people per square kilometer (11,056 per square mile). Because of this statistic, this country is considered to be very densely. Gibraltar has approximately 11065 foreign immigrants. The median age is approximately 34 years. In Gibraltar, 65.02 in every 100 people use internet.
The majority religion of Gibraltar is Christianity, Gibraltar is considered to be a developing nation. The developmental stage of a nation is determined by a number of factors including, but not limited to, economic prosperity, life expectancy, income equality, and quality of life. Click on a link to read more on demographics of Gibraltar.
Culture of Gibraltar
People in Gibraltar speak the English language. According to data on inbound tourists in Gibraltar, 12,000,000 tourists arrive in the country each year. The first McDonalds in Gibraltar was opened on 08/13/1999. One of the most popular national dishes of Gibraltar is calentita. To read more click on culture of Gibraltar.
Geography of Gibraltar
Gibraltar is considered to be a large nation because of its total area. Its total land area is 7 km² (approx. 3 mi²). Gibraltar is located in Europe. Its capital city is Gibraltar. The length of said border is 1.2 km (1 mi).Total length of land borders of Gibraltar is 1.2 kilometers (~0 miles).
The highest point of Gibraltar is Rock of Gibraltar, with its official height being 426 m (1,398 ft). Including land mass and EEZ, the total area of Gibraltar is approximately 7 km² (~3 mi²). To read more click on geography of Gibraltar.
Economy of Gibraltar
The currency of the country is Gibraltar pound. The symbol used for this currency is £, and it is abbreviated as GIP. 1% of population in the country are unemployed. The total number of unemployed people in Gibraltar is 347. Each year, Gibraltar exports around $0.27 billion and imports roughly $2.97 billion. The Gini Index of the country is 41.68. Gibraltar has a government debt of 51.7% of the country's Gross Domestic Product (GDP), as assessed in 2011. Gibraltar is considered to be a developing nation. The developmental stage of a nation is determined by a number of factors including, but not limited to, economic prosperity, life expectancy, income equality, and quality of life. Major industries in the country are tourism, banking and finance, ship repairing, tobacco.
The total Gross Domestic Product (GDP) assessed as Purchasing Power Parity (PPP) in Gibraltar is $2 billion. The corporate tax in Gibraltar is set at 10%. Personal income tax ranges from 17% to 40%, depending on your specific situation and income level. VAT in Gibraltar is 0%. To read more click on economy of Gibraltar.
Infrastructure of Gibraltar
There are 3,509 internet hosts in Gibraltar. Gibraltar has 1 airports nationwide.
The number of road motor vehicles per 1000 inhabitants in Gibraltar is 537. To read more click on infrastructure of Gibraltar.
Politics of Gibraltar
Gibraltar, is a representative democratic parliamentary dependency under constitutional monarchy. The head of the government is Elizabeth II.
In Gibraltar, the legislative power is vested in a Parliament. To read more click on politics of Gibraltar.
Environment of Gibraltar
The number of road motor vehicles per 1000 inhabitants in Gibraltar is 537. To read more click on environment of Gibraltar.
Company formation in Gibraltar
The development of telecommunications and economic globalization has made it possible for interested investors to form companies around the world. With proper research, financial investments, and legal backing, business ventures can safely be established in Gibraltar.
When establishing a company in Gibraltar, an interested investor must do due diligence with regard to legal processes, international regulations, and sufficient investment for success. It is critical to understand cultural, social, and political factors of Gibraltar that will affect the establishment and growth of one's business. Contact us or click on company formation in Gibraltar to read additional information when setting up a business.
Bank account opening in Gibraltar
With the right paperwork and initial outlay, it is possible for a foreign citizen to open a bank account in Gibraltar. This opportunity for international accounts and investments offers several advantages based on economic regulations and tax structures. Interest rates and fees vary depending on your interests.
When considering opening a bank account in Gibraltar, one must enlist the help of international experts to guide them through the process. To find out more about our banking services click on bank account in Gibraltar or contact us.