With an almost daily diet of doom and gloom, British professionals could be forgiven for thinking that their career prospects are at for the moment at best, stable. However, according to language recruitment specialists Euro London Appointments, those with financial services or legal experience could do worse than look to “The Rock” for their next career move.
“Many of the vacancies in Gibraltar are in the investment and asset management space” says David Shacklock, Director of Euro London Appointments.
“The insurance sector is strong - Argus Insurance for example has just purchased new premises in a new development in Gibraltar which they say “demonstrates their long term commitment to Gibraltar and the future of its financial services industry” while The Royal Bank of Scotland is building a team of experienced investment professionals in the territory to enhance the services that they can provide to locally based corporates, intermediaries and high net worth clients.”
“Most of Gibraltar’s banks, although subsidiaries of the world’s big players, have been relatively free of the sub-prime mortgage pressures and the fact that they are often seen as being in the backwaters of the international scene has done a lot to protect them from the storm that some of their parents have felt,”adds Shacklock
“Gibraltar is also a European on line gambling hub and so we do also see numerous vacancies for customer service reps and relationship managers.”
With 300 days of sunshine a year, close proximity to the Costa del Sol and a beneficial tax system, it may just be a safe haven for those who feel the spectre of recession at their heels.
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