{"id":1100575,"date":"2026-07-20T13:16:30","date_gmt":"2026-07-20T13:16:30","guid":{"rendered":"https:\/\/www.europesays.com\/uk\/1100575\/"},"modified":"2026-07-20T13:16:30","modified_gmt":"2026-07-20T13:16:30","slug":"spain-gibraltar-border-fence-removed-after-uk-eu-deal","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/uk\/1100575\/","title":{"rendered":"Spain-Gibraltar border fence removed after UK-EU deal"},"content":{"rendered":"<p>The border fence between Spain and Gibraltar has been removed which is expected to make it easier for people and companies operating between the two regions.<\/p>\n<p>Spain has also removed the British Overseas Territory from its list of non-co-operative jurisdictions.<\/p>\n<p>According to Neo, a Barcelona-based cross-border payments fintech, the move reduces an important source of regulatory friction.<\/p>\n<p>Laurent Descout, chief executive and co-founder of Neo, said the decision was \u201cwelcome news for businesses operating across Gibraltar, Spain and the UK.\u201d<\/p>\n<p>            Recommended<br \/>\n            <a class=\"recommended-article-link\" data-trackable=\"recommended-article\" href=\"https:\/\/www.ftadviser.com\/content\/d43c9ab6-5996-40ce-8019-b65d2eb66fab\" data-articleid=\"d43c9ab6-5996-40ce-8019-b65d2eb66fab\" rel=\"nofollow noopener\" target=\"_blank\"><\/p>\n<p>                        <img decoding=\"async\" src=\"https:\/\/www.europesays.com\/uk\/wp-content\/uploads\/2026\/07\/a49e145c-dee7-4338-85f8-ccd0f0d05dae.jpg\" width=\"290px\" height=\"290px\" alt=\"Recommended article's image\" loading=\"lazy\"\/><\/p>\n<p>Gibraltar tightens rules for new high-net-worth tax residents<\/p>\n<p>            <\/a><\/p>\n<p>Descout said: \u201cHaving supported Gibraltar-based businesses with their cross-border payments for more than a decade, we saw first-hand how the previous classification created unnecessary barriers for otherwise sound companies.<\/p>\n<p>Ask FT Adviser<\/p>\n<p class=\"miso-questions-disclaimer\">BETA feature \u2014 this feature is still being tested and developed<\/p>\n<p>\u201cIt made it harder for some businesses to access services and required providers to apply additional scrutiny based on jurisdiction rather than the underlying risk of the company or activity.\u201d<\/p>\n<p>The changes follow Gibraltar\u2019s decision to increase the minimum net wealth requirement for individuals moving to the jurisdiction under its high-net-worth regime from \u00a32mn to \u00a35mn.<\/p>\n<p>Category 2 individual certificates are issued under Gibraltar\u2019s special tax residency regime, with approved residents taxed only on the first \u00a3118,000 of assessable income, subject to a minimum annual tax payment.<\/p>\n<p>The changes came into effect on July 15 alongside the UK-EU treaty on Gibraltar\u2019s economic future.<\/p>\n<p>Descout concluded that, alongside the new EU-UK agreement on Gibraltar, the changes represented \u201can important step towards closer economic integration and stronger commercial ties between the two jurisdictions.\u201d<\/p>\n<p>hereward.mills@ft.com<\/p>\n","protected":false},"excerpt":{"rendered":"The border fence between Spain and Gibraltar has been removed which is expected to make it easier for&hellip;\n","protected":false},"author":2,"featured_media":1100576,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_share_on_mastodon":"0"},"categories":[5174],"tags":[2000,299,5187,8370,14093],"class_list":["post-1100575","post","type-post","status-publish","format-standard","has-post-thumbnail","category-eu","tag-eu","tag-europe","tag-european","tag-ft-adviser","tag-gibraltar"],"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@uk\/116952498575328613","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/1100575","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/comments?post=1100575"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/1100575\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media\/1100576"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media?parent=1100575"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/categories?post=1100575"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/tags?post=1100575"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}