Gibraltar is one of the few remaining VAT free holiday destinations in Europe, offering its visitors a wide range of tax free goods. From a 200-pack of Malboroughs for only £8 to a litre of Bombay Sapphire gin for £5....you will be spoilt for choice.

It’s not only the booze and fags that are dirt cheap though. Compare prices for electronic goods and branded watches. Typical savings on a Sony camcorder bought in Gibraltar as compared to buying at a local high street retailer in the UK were around £140 in 2003 whilst you could save £700 on the price of a Cartier watch. Numerous perfumeries and jewellers dot Main Street which is also home to many British & European chain stores such as Benetton, BHS, Dorothy Perkins, Top Shop and Marks & Spencer.

And the best thing about shopping in Gibraltar is that you don’t even have to change currency to shop so no fiddling around with foreign coins! With exactly the same value, the Pound Sterling and the Gibraltar Pound are both acceptable forms of payment at all retail outlets.