Gibraltar is the only British overseas territory that is part of the European Union, although it is not part of the customs union and is not a member in its own right. Gibraltar has certain exemptions resulting in a low tax jurisdiction and a judicial system based on English law with minor modifications to suit its location and EU exemptions.
Gibraltar has a growing and diverse local economy and is a major tourist destination. Over the last few years it has established itself as a centre for financial, legal and insurance services including well established and growing gaming and shipping sectors.
Gibraltar’s educational system follows the UK curriculum from primary and secondary schooling through to a college of further education.