Offshore: Trusts
High Net Worth Guide 2024 : Gibraltar
Band 1
Email address
[email protected]Contact number
+350 200 79000About
Provided by Hassans
As the leading private client lawyers in Gibraltar, we have assisted countless high net worth individuals (HNWI) and their families to establish in Gibraltar. We are able to advise on everything our private clients need, including securing residency, transferring assets, taxes, permits, property, re-domiciling corporate vehicles and setting up trusts.
While we naturally focus on Gibraltar’s competitive legal and fiscal system, our expertise covers a broad range of jurisdictions. We are able to create bespoke structures for private clients establishing trusts and companies both inside and outside of Gibraltar, if required.
HNWI, Re-domiciling and Trusts
Many of our clients choose Gibraltar as their home in order to benefit from a competitive tax regime and English common law. It is also an ideal trust location, as trusts established in Gibraltar enjoy tax-free status, provided they are set up by non-residents exclusively for the benefit of non-residents or people with High Net Worth Individual (HNWI) status.
Hassans’ fiduciary services are carried out through our subsidiary Line Trust Corporation Limited. Our team is widely experienced in protecting the wealth of investors and entrepreneurs, both local and international. Hassans’ subsidiary, Line Trust Corporation Limited executes all the duties of a professional, licensed and regulated trustee.
We frequently advise clients on the best ways to manage and pass on their wealth.
Chambers Review
Hassans is known for its expertise in handling matters for domestic and international private clients. The team regularly advises on the creation, restructuring and termination of trust structures. The firm works closely with high net worth individuals on inbound and outbound residency matters, estate planning and taxation issues.
Strengths
Provided by Chambers
"The team at Hassans is large and covers various areas of expertise which meets the majority of our needs. It is extremely responsive and provides an excellent service."
"They are by far the best I deal with in terms of knowledge of the local system, fiduciary duties and meticulous records of all investments. They are very proactive and have a good commercial brain."
"I keep going back to them because the breadth of their work is excellent. They are a really good solid team when you need a second set of eyes on trust structuring."
"The balance of expertise and real duty of care with that personal touch is something I have never seen before and is truly outstanding! There are very strong and deep relationships between members."
"The team at Hassans is large and covers various areas of expertise which meets the majority of our needs. It is extremely responsive and provides an excellent service."
"They are by far the best I deal with in terms of knowledge of the local system, fiduciary duties and meticulous records of all investments. They are very proactive and have a good commercial brain."
"I keep going back to them because the breadth of their work is excellent. They are a really good solid team when you need a second set of eyes on trust structuring."
"The balance of expertise and real duty of care with that personal touch is something I have never seen before and is truly outstanding! There are very strong and deep relationships between members."
Notable Practitioners
Isaac Levy is a corporate partner and tax specialist at Hassans. Levy is a key adviser to many high net worth individuals and has extensive experience in corporate and private client work.
"Isaac is smart, conscientious, loyal and a pleasure to work with."
"Isaac and his team have tremendous working knowledge of the UK tax system and are very spot on in their advice. They really understand the investments of clients and are able to challenge it."
James Levy KC is a highly esteemed practitioner in the Gibraltar private client legal market. He advises high net worth individuals and families on the full range of trust and corporate law matters.
"He is a practitioner with the unique balance of being an exceptional lawyer that has unparalleled international experience, commercial understanding and integrity in truly caring about clients."
Peter Montegriffo KC has extensive experience in private client and trust matters, as well as assisting clients within the gaming industry. Notably, Montegriffo has contributed to the legislative reform of Gibraltar's trusts law.
"Peter is a class act and a pleasure to work with. All law firms need more senior lawyers like Peter Montegriffo."
"He is always on it with very complex, multi-jurisdictional cases and is fantastic at resolving contentious issues."
"He is excellent in client relationships. He also has diverse knowledge of Gibraltar law across areas like company and tax, along with trust expertise on the commercial side."
"He is probably one of the best lawyers in Gibraltar; thorough, great experience and attention to detail. He never misses anything. He is just a very mature lawyer in dealing with complex families."
Vikram Nagrani is known for his expertise in high-value trust and estate planning, and administration work. Nagrani regularly works with private clients and trustees.
"Vikram is an excellent lawyer, extremely professional and commercial."
Ranked Individuals at
Hassans
Gibraltar