Gibraltar Facts & Figures
Total Population:
34,222. Note: majority of the population (over 70%) live within 900 metres of the Ocean Village site.
Tourist Visitor Arrivals:
over 7 million visitors annually. A major centre for yachts and yachtsmen from around the globe, Gibraltar is well placed to capitalise on the growing popularity of cruising as a lifestyle. 18,492 yachtsmen arrived by sea with marina occupancy at 94%. A main port of call for cruise liners, including the QM2 with over 140,000 cruise line passengers arriving annually. Note: Ocean Village will offer the finest quality marina in what is indisputably the calmest berthing area in Gibraltar. These figures have risen steadily over the last few years and will continue to rise.
BY AIR:
114,484 | BY SEA:164,052 | BY LAND:7,502,815
TOTAL: 7,781,351 % change 2002 +2.3%
Note: Ocean Village is located very close to all PRIME tourist access points.
Tourist Expenditure:
£202 million.
- Visitor arrivals at Hotels £17,580,000
- Visitors from Cruise Ships £6,620,000
- Yacht visitors £350,000
- Visitors in supplementary accommodation £9,570,000
- Visitors in transit £1,050,000
- Excursionists from Spain £167,420,000
Note: Ocean Village will be the premier waterfront destination for the above tourist visits.
Fastest growing economy in Europe -
8.5% GDP growth forecast to continue over the next few years.
Highly advantageous tax environment.
Gibraltar offers a highly advantageous corporate and individual tax environment with no capital gains tax, wealth tax or estate duty. It is estimated that circa 20 multi-millionaires per year are taking advantage of the benefits Gibraltar has to offer by taking up full residency status. Note: Ownership of a luxury Ocean Village residential property should allow immediate qualification (please contact a specialist tax advisor for individual advice) for Tax Residency in Gibraltar.
Second largest LIFFE trading floor outside London.
High Net Worth, high income generating professionals are relocating to Gibraltar. Note: Ocean Village is a prime waterfront location and will attract the expenditure of such professionals.
So well connected.
Gibraltar is adjacent to and benefits from one of the largest tourist destinations and growth areas in Europe: the Costa del Sol; home to over half a million foreign residents and residential tourists This figure is projected to triple within the next five years. Many such foreign residents regularly travel to Gibraltar to conduct their financial arrangements under Gibraltar's more favourable tax jurisdiction. Gibraltar's geographic positioning provides access to a regional market in the western Mediterranean of over 50 million people and to 350 million in the European Union. Due to the unique geography of Gibraltar, its restricted size and topography, Ocean Village represents a truly singular, once-in-a-lifetime opportunity for prime waterfront retail in Gibraltar.
