Recruitment Gibraltar - Recruitment Gibraltar

Formerly predominated by the British Military presence and dockyard, Gibraltar's last 20 years have witnessed a cut back in the involvement of such, which today only constitutes a small percentage of its economy. However the enviable port facilities and infrastructure remain, leading the shipping industry to be the major economic influence in Gibraltar today. As well as this, Gibraltar's privileged location moments from the celebrated Costa del Sol, North African coastline and a myriad of sites of cultural and historic interest, in addition to its enviable climate and fantastic amenities, result in more than 5 million visitors a year, many of which step ashore from cruise liners. This great influx of tourism has created another major source for Gibraltar's economy, where new hotels, restaurants and leisure facilities are being constructed to accommodate the ever growing number of visitors.

Thanks to its offshore tax regime, Gibraltar has become the headquarters for many in the financial services sector, where not only banks and investments firms are established, but large online betting and gaming corporations due to its great telecommunication facilities.

Gibraltar's currency is the Gibraltar pound and is equivalent to the Sterling which may also be used throughout. As well as this, the Euro is widely accepted in most shops and it is important to note that there are no exchange controls in Gibraltar. With an unemployment rate of only 2% and a GDP per Capita of $27,900, Gibraltar's economy is experiencing a healthy progression and is expected to keep doing so in the foreseeable future.