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| ALL YOU NEED TO KNOW WHEN BUYING PROPERTY IN GIBRALTAR |
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| Buying property in Gibraltar is a relatively simple and straightforward process; here are the main points to consider: |
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| 1. |
Any nationality is allowed to purchase a property in Gibraltar |
| 2. |
Property bought through a Gibraltar registered company may have tax advantages. |
| 3. |
There is no Capital Gains Tax |
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There is no VAT |
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There is no Inheritance Tax |
| 6. |
Most modern properties and newer developments are Leasehold of 150 years |
| 7. |
The currency when purchasing a property in Gibraltar is Pounds Sterling |
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| STAMP DUTY |
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| Stamp Duty is charged on the following sliding scale and paid by the purchaser: |
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Property price: Up to £160,000- No Charge
Between £160,001 and £250,000 - 1.26% of Purchase Price
Between £325,001 and £350,000 - £1.6% of Purchase Price
Over £350,000 - 2.5% of Purchase Price |
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| Here are some useful links: |
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| Airlines |
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| Hotels |
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