HEPSS Residency Programme
The High Executive Possessing Specialist Skills (HEPSS) programme is designed for senior professionals with specialist expertise being employed by Gibraltar-based companies. It offers a fixed annual tax liability of £39,940, regardless of how much you earn above £160,000.
Key Facts
£160k
Minimum annual salary
£39,940
Fixed annual tax
0%
Tax on income above cap
36 mo
Prior non-residency period
How HEPSS Works
Under HEPSS, tax is calculated using the GIBS (Gross Income Based System) on the first £160,000 of gross income, producing a fixed tax bill of £39,940 per year. No tax is payable on any income above £160,000.
For comparison: a UK-based professional earning £250,000 would pay approximately £95,000 in income tax and National Insurance. Under HEPSS in Gibraltar, the total tax is £39,940 — a saving of over £55,000 per year.
Unlike Cat 2 (which is for independently wealthy individuals who do not work), HEPSS is specifically for employed professionals occupying senior roles in Gibraltar-based companies.
Eligibility Requirements
Salary of £160,000+
You must earn over £160,000 per annum from your Gibraltar-based employment.
Senior / Specialist Role
You must occupy a high executive or senior management position and possess specialist skills not readily available in Gibraltar, in a role that promotes or sustains economic activity of particular value to Gibraltar.
Not Previously Resident
You must not have been resident or working in Gibraltar in the 36 months preceding your application.
Employer Application
The application must be made by a Gibraltar-incorporated or registered company on your behalf. The employer demonstrates why your specialist skills are needed.
Approved Accommodation
You must secure approved residential accommodation in Gibraltar for your exclusive use. Browse options on Rent Gibraltar or Buy Property Gibraltar.
Qualifying Sectors
There is no fixed list of qualifying sectors. The government assesses each application based on the economic value the individual brings. In practice, HEPSS is most commonly used in these industries:
iGaming & Betting
C-suite, senior tech, compliance, and product roles at licensed operators.
Financial Services
Banking, insurance, fund management, and private client leadership.
Fintech & Blockchain
DLT specialists, senior developers, and crypto-asset executives.
Technology
CTOs, engineering leads, and specialist software architects.
Insurance
Underwriting, actuarial, and senior management positions.
Other Strategic Sectors
Any sector where specialist skills are scarce in Gibraltar.
Looking for HEPSS-eligible roles? Browse senior positions on Careers Gibraltar.
Cat 2 vs HEPSS Comparison
| Cat 2 | HEPSS | |
|---|---|---|
| For | HNW individuals | Employed professionals |
| Net worth | £2M required | Not required |
| Minimum salary | N/A | £160,000 |
| Annual tax | £37,000–£42,380 | £39,940 fixed |
| Employment | Cannot work in Gib | Must work in Gib |
| Prior residency | Not in last 5 years | Not in last 3 years |
| Application by | Individual | Employer |
Explore HEPSS Opportunities
Browse senior roles that may qualify for HEPSS, or get a personalised relocation assessment.