Gibraltar is a British territory located off the coast of Spain at the western entrance to the Mediterranean. It is well-known as a convenient international offshore haven and has many local professionals and trust companies of high quality and reputation. Foreign trusts are not subject to any taxes in Gibraltar. The trust laws contain some favorable asset protection features. Offshore Trusts established in Gibraltar by Amendments to the Bankruptcy Ordinance are registered with the local government. Although access to this special register is limited to the local government, some practitioners are concerned that confidentiality may be impaired by this requirement.