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Anguilla is one of the Caribbean’s most luxurious and, what’s more, private islands. Picturesque white sand beaches fall away into inviting turquoise waters.
But it isn’t just the idyllic geography that attracts successful people to this island’s shores. Anguilla also operates one of the world’s most attractive tax regimes – with no direct taxation.
Read moreIf you successfully become a tax resident through an Anguilla Residency-by-Investment Program, you’ll pay no income tax or capital gains tax. Neither will you be liable for inheritance tax or corporate tax. You’ll simply be required to make a significant financial investment. In return, you’ll gain Permanent Residence rights for you and your family.
You’ll also get the opportunity to live in paradise on Earth. Anguilla is one of the safest and most spectacular tropical islands. As a result, it enjoys a well-earned reputation as a laid-back place to live. However, that doesn’t mean all work stops.
Anguilla is a regulated offshore jurisdiction for company management, trusts and estate planning, foundations, captive insurance, and mutual funds. What’s more, many well-renowned advisory firms have a presence on the island. This will help you to protect your assets for the next generation.
To qualify for the Anguilla Residence by Investment Program, you must fulfil ONE of the following investment options AND meet other requirements:
Donate $150,000 to the Capital Development Fund. Primarily, the CDF finances public sector projects. These help grow, develop, and diversify Anguilla’s economy. For this reason, for your spouse and each dependent you add to your application, you must pay an extra $50,000.
Furthermore, there are application processing fees of $3,000 per application for a family of up to 4. You must also pay $500 per applicant beyond that number. On top of that, due diligence fees amount to $7,500 per adult.
For a family of 4 to qualify, bear in mind the property must be worth at least $750,000 at the time of application. Moreover, any extra dependents will incur an additional investment of $100,000 each. You must also hold on to this real estate for 5 years or more.
What’s more, application processing fees amount to $3,000 per application for a family of up to 4. There is a $500 fee per applicant beyond that number. Adults pay $7,500 due diligence fees as well.
For this option, you must make an annual $75,000 lump sum tax payment to Anguilla’s Inland Revenue Department for at least 5 consecutive years. For a family of 4 persons to qualify, the property must be worth a minimum of $400,000 at the time of application. You must also demonstrate an ability to make the annual lump sum tax payments
In addition, there is a $7,500 due diligence fee for every adult included in the application. The subsequent processing fee is $3,000 for a family of up to 4. Plus, each extra applicant pays $500.
As the principal applicant, you must additionally agree to pay the annual lump sum tax payment for a minimum of 5 years and commit to spending at least 45 days a year on the island. Furthermore, you must make a written declaration that states that you are spending less than 183 per calendar year in any other country and that your center of vital interest is in Anguilla.
As an Anguilla Residence by Investment Program applicant, you must, above all, not represent a potential national security risk. A reputational risk will rule you out too.
They will not approve your application if you are under criminal investigation either. You must also present a clean bill of health.
The Latitude Group is a global leader in Residence and Citizenship by Investment. Our IMC-certified professionals are specialists in cross jurisdictional citizenship and residence planning. Moreover, we have more collective invesment migration industry experience than any other international firm.
The Latitude Group is a global leader in Residence and Citizenship by Investment. Our IMC-certified professionals are specialists in cross jurisdictional citizenship and residence planning. Moreover, we have more collective invesment migration industry experience than any other international firm.
We commence our process with Form 1. This enables us to carry out the initial Latitude due diligence. Subsequently, following the successful screening, we will provide you with a Client Agreement (CA) to review and sign.
Upon receiving the signed agreement and retainer payment, our legal team will complete all necessary government forms and supporting documents.
If you make a property investment, you will need to execute a sales and purchase agreement with the developer. In parallel, on your behalf, we will liaise with the property developer and Select Anguilla, the government-approved agency.
Before submitting your documents, we comprehensively review your application to ensure your file complies with Select Anguilla's requirements. Additionally, our legal team will complete its final checks before submitting the relevant forms.
Select Anguilla will undertake its own due diligence and reviews all the paperwork. Consequently, we will continue to work closely with them throughout the process. This ensures Select Anguilla process your application as soon as possible.
Select Anguilla will assess your application, and upon approval, you must, first, make all necessary contributions and, second, pay any applicable government fees. Following that, we will then arrange for all relevant residence certificates to be sent out.
There are one-stop flights to Anguilla from North America, Europe and Latin America through the island’s main gateways on the United States mainland, Puerto Rico, St. Maarten, and Antigua. In addition, regularly-scheduled ferries and private charters ensure ease of travel, by air and sea, between Anguilla and St. Maarten.
For both the Anguilla Permanent Resident and High Value Resident (HVR) Programs, application processing takes up to 3 months – assuming the application has no areas of concern, of course.
The HVR Program is suitable for highly successful investors and entrepreneurs who live very international lives and are willing to cease being a tax resident in their home country.
If you reside at least 270 days a year on the island for 5 years, you can apply for a British Overseas Territories passport. What’s more, after 19 years in Anguilla, you’re eligible for a British passport.
Our team operates in over 20 countries worldwide, securing second citizenship or residency in desirable locations and unlocking a brighter future.