Independent index: figures from official tariffs, not from agents
themigrationroute.com/
Get offers
The threshold rose from £2M to £5M on 18 June 2026

Category 2 Status
Gibraltar

Very recently — on 18 June 2026 — the Gibraltar government raised the net-worth requirement for new applicants from £2 million to £5 million. Existing Category 2 status holders are unaffected. The minimum annual tax is £37,000, but only the first £118,000 of worldwide income is taxed, regardless of what the applicant actually earns.

Net-worth threshold — NEW (since 18.06.2026)
from £5 million
Net-worth threshold — former
from £2 million (existing status holders only)
Minimum annual tax
£37,000
Taxable portion of worldwide income
first £118,000

The 18 June 2026 reform — before and after

The net-worth threshold more than doubled just over two months before the checking date. Existing status holders continue under the old terms.

APPLICANT CATEGORY
NET-WORTH REQUIREMENT
NOTE
New applicants, since 18 June 2026
NET-WORTH REQUIREMENTfrom £5,000,000
the current requirement
Existing Category 2 status holders
NET-WORTH REQUIREMENTfrom £2,000,000 (retained)
grandfathered — unaffected by the reform

What the process consists of

Beyond capital and tax — a non-refundable application fee and a separate refundable deposit returned upon relinquishing the status.

COST ITEM
AMOUNT
NOTE
Minimum annual tax
AMOUNT£37,000 (or £3,083.33 monthly)
on the first £118,000 of worldwide income, regardless of actual earnings
Application fee
AMOUNT£5,000
non-refundable, raised from the previous amount
Refundable deposit
AMOUNT£42,380
returned upon relinquishing the status

How the process runs

01
Confirming net worth from £5 million
The requirement in force for applicants since 18 June 2026.
02
Securing approved accommodation in Gibraltar
For the whole year of assessment — purchase or rent, subject to Finance Centre Director approval.
03
Filing the application and paying the £5,000 fee
Via the Finance Centre Director.
04
Verification of the source of funds and tax history
One source cites a decision within 1–2 weeks; another cites a full 3–6 month vetting process.
05
Paying the £37,000 minimum tax annually
On the first £118,000 of worldwide income.

A good fit if

Your net worth exceeds £5 million (for applicants from 18 June 2026 onward) and you can document it.
A predictable annual tax of £37,000, capped by the first £118,000 of worldwide income regardless of actual earnings, works for you.
You're ready for approved accommodation in Gibraltar for the whole assessment year — purchase or rent.
You already hold Category 2 status granted before 18 June 2026 — in which case the new £5 million threshold doesn't apply to you.

A poor fit if

You're working off the outdated £2 million threshold for a NEW application — since 18 June 2026, new applicants need £5 million; £2 million only applies to existing status holders.
You need one exact processing time — sources diverge between 1–2 weeks and 3–6 months, and the discrepancy isn't resolved in favour of either version.
Your capital sits in illiquid assets — verification of the source of funds and tax history in prior jurisdictions is required.
You're not prepared for a non-refundable £5,000 filing fee on top of the main tax obligation.

Who runs this programme

Your request goes to two or three firms from this list. You see exactly which ones before it is sent, and you can exclude any of them.

This is an independent list of firms in the market, not our partners — we do not forward requests to them or receive payment for referrals. Contact them directly via the link.

Frequent questions

Was the net-worth threshold really raised this recently?

Yes — per the available data the Gibraltar government announced the increase from £2 million to £5 million for new applicants on 18 June 2026, just over two months before the checking date.

Does this affect existing status holders?

No — per the available data existing Category 2 status holders retain their prior terms (grandfathering); the reform applies only to new applicants.

Is all worldwide income taxed?

No — per the available data only the first £118,000 of combined worldwide income is taxed, regardless of what the applicant actually earns.

How long is the wait for a decision?

Sources diverge here: one cites a decision within 1–2 weeks, another cites a full 3–6 month vetting process (including source-of-funds and tax-history checks) from a complete file; the discrepancy is disclosed openly.

What is the £42,380 refundable deposit?

Per the available data — a separate deposit returned to the status holder upon relinquishing it, unlike the non-refundable application fee.

Sources

Figures are for reference only. Verified against official sources on 27 August 2026. A precise quote is issued by the appointed firm after document review. This material is not legal advice, a public offer or investment advice.