Latitude Consultancy and Arton Capital sign MOU with Government of Anguilla
26 September 2018
Latitude Consultancy and Arton Capital, two leading firms in the investment migration industry, have formed a Consortium and signed a MOU with the Government of Anguilla to establish a new agency designed to attract high-value residents to its shores, primarily through a residence-by-investment programme and a new tax residency programme.
Mr. Eric Major and Mr. Christopher Willis founded Latitude last year and have already secured the company’s first government mandate. Together with Mr. Ken Ing, Latitude’s Head Legal Counsel, the firm’s government advisory team has a combined 75 years of experience in this highly specialised industry that raises direct foreign investments to participating countries.
According to Mr. Major: “With the help of the Consortium, the Government will be establishing a new promotional agency that aims to attract foreign direct investments to the country, primarily by encouraging ultra-high net worth (UHNW) individuals and families to establish residency in Anguilla. However, it is not just about attracting money to Anguilla, but also those individuals who have the global networks and business acumen that can bring important ancillary benefits which are so highly desired. Once the promotional agency is up and running early next year, we will be ready to promote Anguilla internationally”.
Founded by Mr. Armand Arton, Arton Capital has been a leading force behind the industry’s proliferation and innovation. “Competition is high, but we believe Anguilla can offer an attractive proposition that caters to a niche-market of ultra-high net worth individuals” stated Mr. Arton.
Hon. Chief Minister and Minister of Finance Mr. Victor Banks said “The Government is happy to be involved with Latitude Consultancy and Arton Capital in moving this initiative forward and we are very fortunate to partner with them in this enterprise. They are the experts and have knowledge of the players and small economies like Anguilla which cannot survive without foreign direct investment of one kind or the other.”
Tax residency will be one of the Agency’s primary offerings and will be tailored for those UHNW clients looking for compliant and tax efficient solutions in a complex world of tax rules and regulations.
A new generation of wealthy elite have ambitions that reach far beyond the limitations of national borders. They live in a connected world, with a global outlook. Latitude's team of specialists offer leading insight and expertise to investors who are prepared to make an important economic contribution to gain residency or citizenship privileges in a selected country. Latitude also provides government advisory services by helping nations create residency and citizenship-by-investment programmes that attract this privileged segment of the world population to their shores. Our internationally recognised team have over 75 years of combined experienced in the Investment Migration industry. An unrivalled international network of clients and institutional relationships, combined with complementary ancillary services from our global financial services partner, provides a uniquely compelling proposition for our clients. But what makes us really stand out from the crowd is our approach: genuinely innovative products, competitively priced services and customer-driven, hands-on delivery. Our clients expect the world – we deliver it. Welcome to your world. www.latitudeworld.com
For more information, please contact Eric Major at +44 1534 868 201 or firstname.lastname@example.org