By Admin 
Many people in India dream of going abroad and working. Everyone wishes to get good results of their hard work and have a good amount of savings in their hands after returning home. Today we are talking about a small but very rich country, Gibraltar, where you will be surprised to hear its earnings. If an Indian works there for 10 years, he can earn crores of rupees upon returning to India.
Gibraltar is a small British territory located at the southern end of Europe, adjacent to the border with Spain. It may be small in size, but it is very strong financially. The economy here depends on tourism, finance and shipping industry. Because of this, there is no dearth of jobs here and the salaries are also very high.
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Gibraltar currency and Indian rupee
The currency of Gibraltar is called Gibraltar Pound (GIP). Currently 1 Gibraltar Pound is equal to 118.11 Indian Rupees. That means if you earn one pound there, its price in India is around Rs 118.
If a person gets a monthly salary of 2,000 pounds in Gibraltar, then this amount in Indian currency will be – 2,000 × 118.11 = 2,36,220 per month. If a person works there continuously for 10 years, what will be his total earning?
Easy calculation of 10 years’ earnings
If your monthly salary is 2,000 pounds, then in a year you will earn 24,000 pounds. Total earning in 10 years will be – 24,000 × 10 = 2,40,000 pounds. Now convert this into Indian Rupees – 2,40,000 × 118.11 = Rs 2,83,46,400.
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What jobs are popular in Gibraltar
The service sector in Gibraltar is very strong. There are good opportunities for Indians in industries like banking, insurance, IT, casino, hospitality and tourism. Also, English language is prevalent here, so it is easy for Indians to work.
Benefits of working in Gibraltar
- High salary and stable economy – European level earnings.
- Less tax rules – The tax burden for workers is very less.
- Safe and modern environment – Despite being a small country, the facilities are excellent.
- Near Europe – Opportunities to expand career in other European countries in the future.
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