Anguilla Launches Tax Residency Programme
Last week at the Investment Migration Forum in Geneva, the Chief Minister of Anguilla, Victor Banks, announced the launch of the Island’s new Tax Residency Program. The Caribbean Island of...Read more
Anguilla launched its residency by investment programme in June 2019. The programme is attractive for investors seeking a tax efficient residence. Unlike other Caribbean programmes such as St. Kitts and Antigua the Anguilla programme is not a citizenship by investment or second passport programme. Applicants can qualify by making an investment either into the Capital Development Fund or direct into Real Estate.
$150,000 Donation + Costs
Real Estate $750,000 + Costs
Citizenship after Five Years
Full Family Application
The Capital Development Fund is set up as a special fund by the government of Anguilla. Its purpose is to grow and diversify the economy through investing in meaningful public sector projects on the island. The minimum investment is $150,000 for a single applicant plus $50,000 for each spouse or dependent. Additional application, processing and due diligence fees apply.
Applicants can qualify for residency in Anguilla under the real estate investment option. This requires a minimum investment of $750,000 which will qualify up to four family members for residency. For each additional family member a further $100,000 investment is required. Additional application, processing and due diligence fees apply.
The property needs to be retained for a minimum of 5 years. Eligible properties can be homes, villas, condominiums, hotel units or other forms of properties. Investors can submit for conditional approval of the application prior to committing to the investment.
Anguilla is a British Overseas Territory and therefore falls under UK sovereignty although it is not formally part of the UK. The programme is not a citizenship by investment programme as with other Caribbean programmes currently on the market. However after five years of residency it is possible to apply to become a British Overseas Territories Citizen and eventually a British Citizen.
Anguilla’s HVR programme is suitable for highly successful investors and entrepreneurs who live very international lives. Applicants to the HVR programme can gain tax residency in Anguilla through the annual payment of $75,000. Interested applicants will need to commit to a minimum of five years. The applicant must own and maintain property in Anguilla valued in excess of $400,000 throughout that time.
The applicant will also be required to establish genuine links to Anguilla and must make a written declaration every year that they are spending less than 183 days (6 months) in any other country. Anguilla has no direct taxation, with no income tax, capital gains tax, gift tax, net worth tax, inheritance tax or corporate taxation. Contact La Vida for further details.
A selection of alternative residency and citizenship investment programmes to consider.
Minimum $100,000 Donation
Best Family Option
Citizenship & Passport
Visa Free Travel 160 Countries
From $150,000 Donation
Real Estate Option
Citizenship & Passport
Visa Free Travel 165 countries