I believe in Gibraltar you have to have net worth of a few million to obtain status for the tax rate of 10,000 euros. As for Montreal, I was looking on the IFC website and it shows a 75% tax holiday on personal income taxes and also breaks on contributions to the healthcare fund as long as you work for a company in the finance industry. Not sure of Andorra.
I know the gentleman who heads up the IFC in Montreal, if anyone wants to be put in touch with him. I have had several meetings with him, and i believe he now visits the UK and Europe for at least 1 week a month.
With regards to Gibrlatar you have to apply for Catagory 5 status, once your application has been agreed you are then intitled to the 10,000 a year tax. You do not have to have millions to receive the Cat 5 status but you do have to prove that you are living on Gibraltar. The government want more high earning individuals living there and spending their wealth.
It's called a category 3, not 5. And it is £10,000 not 10,000 euros. And yes you have to either buy or rent an approved residence for your exclusive use. No other major criteria.
Well it looked like Andy not only is good at predicting the markets. He also predicted the downfall of Refco.