Gibraltar is a British Overseas Territory, situated at the southernmost tip of the Iberian Peninsula, sharing a border with Spain. Despite being the smallest sovereign territory in the world, Gibraltar packs a punch with its booming economy and strategic location. Known as the 'Gateway to the Mediterranean', this territory is a crucial focal point for international trade between Europe and North Africa. Gibraltar is home to a diverse population of around 34,000 people, making it one of the most densely populated territories in the world.
Expat destinations in Gibraltar
Demographics of Gibraltar:
Ethnic groups
98% British, Spanish, or Other White, 2% Other
Languages
English: Official language spoken
Spanish: Spoken by the majority of native Gibraltans
Religion Overview
Gibraltar's religious composition predominantly consists of Christians, with Roman Catholics and Anglicans being the most prominent denominations. This territory has a close affiliation with the United Kingdom, and British influence on culture and tradition is evident in religious practices. According to recent data, 86% of the population identifies as Christian.
Major Religions
Climate
Gibraltar's weather is classified as a Mediterranean subclimate, characterised by mild winters and hot, dry summers. Annual precipitation is low, with most rainfall occurring between November and March. Temperatures rarely drop below 7°C in winter, and can soar as high as 33°C in summer.
Economy Overview
Gibraltar's economy is primarily driven by the financial services and gaming sectors, with tourism also making a substantial contribution. The territory boasts a favourable tax regime, making it an attractive location for international businesses. Gibraltar offers a plethora of employment opportunities for expats, with its thriving financial sector showcasing high average salaries. Some notable gaming companies based in Gibraltar include sisal and Gala Coral.
Key Industries
- Financial Services
- Gaming
- Tourism
Major Companies
- Banco Santander
- Deloitte
- KPMG
Culture and Language Overview
Gibraltar's culture is a fusion of British and Spanish influences, with the territory's history deeply intertwined with both nations. English is the official language, but Spanish is also widely spoken, with over 50% of the population reportedly being bilingual. Gibraltar's culture is celebrated during annual festivities, such as the Cantos de la Bandera in February, which marked the territory's handover from the Moors in 1410.
Cultural Highlights
- Cantos de la Bandera
- St. Patrick's Day Parade
- The Gibraltar Food Festival
Geography and Landmarks Overview
Gibraltar's location at the southern tip of the Iberian Peninsula provides it with a unique geography that distinguishes it from other Mediterranean territories. The Rock of Gibraltar, a prominent limestone formation, dominates the skyline and is one of the territory's most prominent landmarks. The Strait of Gibraltar, which connects the Mediterranean Sea and the Atlantic Ocean, is a vital shipping lane.
Notable Landmarks
- The Rock of Gibraltar
- Europa Point
- Diego Garcia Wall
National Holidays
- New Year's Day (January 1)
- Epiphany (January 6)
- Good Friday (Friday prior to Easter)
- Easter Monday
- Labour Day (May 1)
- Saint Bernard (May 20)
- National Day (July 10)
- Assumption (August 15)
- Feast of Our Lady of Europe (August 31)
- All Saints' Day (November 1)
- Saint Bernardine (November 20)
- Christmas Day (December 25)
- Boxing Day (December 26)
Political Stability
Gibraltar is a British Overseas Territory, and as such, is subject to the United Kingdom's foreign and defence policies. The territory has a stable political climate, with a democratically-elected assembly, the Gibraltar Parliament. The political system is based on the Westminster model, and the Chief Minister is the head of government. Gibraltar's closest relationship is with the United Kingdom, although relations with Spain have improved in recent years following the signing of a treaty in 1984.
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