What is the property tax in Gibraltar?
Short answer
Gibraltar has a property tax that was implemented in late 2024. Gibraltar’s property tax is NOT Capital Gains Tax.
Detailed answer
The property tax introduced in 2024 applies to sales of real estate when a person holds several taxable properties. It is not a general capital gains tax. Exemptions apply to main residences and older properties. The tax is designed to discourage speculative property trading.