Gibraltar is a British Overseas Territory located on the southern end of Spain at the entrance to the Mediterranean Sea. It has an area of 3 square miles and at its foot is the densely populated city area, home to almost 30,000 Gibraltarians and other nationalities.

Gibraltar is economically prosperous with a highly-diversified economy including financial services, e-gaming, shipping and tourism. In Gibraltar there is no capital gains tax, wealth tax, sales tax, estate duty, or value added tax and a flat 10% corporate tax.

In the last six financial years from 2011/2012 - 2016/2017, Gibraltar's GDP has grown from £1.1 billion to £1.9 billion - a 73% increase. GDP has grown 9% in each of the last two years and is forecast to grow another 9% in 2016/2017 and to £2.4 billion by 2020.

Gibraltar’s GDP per capita for 2016/17 is forecast at $92,8431 placing
Gibraltar in 4th position, closely behind Macao, China and ahead of Singapore, Switzerland, Hong Kong, UK and Spain (HM Government of Gibraltar, Chief Minister Budget Address, 2017).