Gibraltar was selected for Ocean Village because of its unique combination of location, climate, local environment and tax regime.
As one of the most prestigious developments in Southern Europe, Ocean Village has the unique advantage of stunning views in all directions – the Bay and Straits of Gibraltar, the Atlas mountains and Africa, the marina, the Mediterranean and the Rock itself.
Gibraltar has always been a diverse melting pot of European and African cultures, boasting an intense and fascinating history. Whilst retaining its heritage of Moorish, Genoese, Jewish and British military influences it now embraces the latest commercial and residential developments, making Gibraltar one of the fastest growing economies in Europe.
- - Opportunity to develop a profit oriented capital base at low levels of corporate tax
- - Stable currency
- - Few restrictions in moving capital or repatriating dividends
- - High quality environment for corporate accommodation and modern services
- - Effective modern communications infrastructure with the necessary business support services
- - Stable political and economic environment
- - Free port facilities that are outside the Common Customs Union
- - Developed port facilities for cruise liners and cargo handling
- - One of Europe’s most advanced fibre-optic telecommunications network
- - A multi-skilled, flexible workforce
- - Well developed business services infrastructure including financial, legal and insurance services
- - No value added tax International advantages
- - Located at the gateway to the Mediterranean and ideally placed for easy access to and from Southern Europe and North Africa
- - Benefits from membership of the EU, including access to the EU market on financial services
- - An excellent base for the establishment of international business in areas as diverse as financial services, trading, light manufacturing and shipping related facilities
- - International airport with flights to well-connected destinations in the United Kingdom (Gatwick, Luton and Manchester) and Spain (Madrid).
- - Close proximity to Spanish regional airports at Malaga, Seville and Jerez.
- - New airport terminal to be constructed and supporting business growth.
- - Offers transport terminus – global cruise liners, buses and coaches to Europe and ferry links to Mediterranean destinations including North Africa.
- - Strong continual GDP growth (11% in 2007).
- - Adaptable and open economy.
- - Economy has changed from the reliance on British Military to dynamic and vibrant service industries including legal, banking and insurance.