Anguilla
Anguilla Residency opens the door to one of the Caribbean’s most exclusive and secluded islands, known for its stunning white sand beaches and captivating turquoise waters.
Beyond its breathtaking scenery, Anguilla draws affluent individuals with its highly favourable tax system, featuring no direct taxation. By obtaining tax residency through the Anguilla Residency-by-Investment Programme, you will be exempt from income tax, capital gains tax, inheritance tax, and corporate tax. In return, you’re expected to make a substantial financial investment, granting Permanent Residence rights to you and your family.
Additionally, living in Anguilla means experiencing a tropical paradise known for its safety and awe-inspiring beauty. The island is celebrated for its relaxed lifestyle but remains a hub of activity, especially in business sectors.
Anguilla boasts a regulated offshore environment for company management, trusts and estate planning, foundations, captive insurance, and mutual funds. Plus, the presence of numerous reputable advisory firms on the island aids in asset protection for future generations.
12 visa-free countries
$150,000 minimum requirement
2-3 months processing time
Population: 16,000
Language: English
Currency: Eastern Caribbean Dollar
Economy: tourism, offshore incorporation and management, offshore banking, captive insurance.
The whole process can be obtained remotely.
Accessibility to X countries worldwide
Residency granted usually within 3 months of application submission
The entire family is eligible to apply for residency including spouse, children.
No personal income tax, capital gains, or withholding tax
Contribute $150,000 to the Capital Development Fund (CDF), which primarily funds public sector projects aimed at fostering growth, development, and diversification of Anguilla’s economy. For each additional family member you include in your application, such as your spouse or dependents, an additional contribution of $50,000 is required.
Moreover, there is an application processing fee of $3,000 for a family unit of up to four members. For every additional applicant beyond four, a fee of $500 per person is applicable. Additionally, adult applicants are subject to due diligence fees of $7,500 each.
To be eligible as a family of four, the property you invest in must have a minimum value of US$750,000 at the time of your application. Additionally, including any extra dependents in your application requires an added investment of US$100,000 per dependent. You are required to maintain ownership of this real estate for a minimum of five years.
Furthermore, the application processing fees are set at US$3,000 per application for families of up to four members. For each additional family member included in the application, there is a fee of US$500. Also, adult applicants are subject to due diligence fees of US$7,500 each.
For this option, an annual lump sum tax payment of US$75,000 to Anguilla’s Inland Revenue Department is required for a minimum of five consecutive years. To qualify as a family of four, the property you invest in must have a minimum value of US$400,000 at the time of your application, and you need to demonstrate the capacity to make these annual lump sum tax payments.
Each adult included in the application is subject to a US$7,500 due diligence fee. Additionally, there’s a processing fee of US$3,000 for families of up to four members, with an extra US$500 charged for each additional applicant.
As the main applicant, you must commit to paying the annual lump sum tax for at least five years and agree to spend a minimum of 45 days per year in Anguilla. You are also required to submit a written declaration confirming that you spend less than 183 days per year in any other country and that your primary place of life and interest is in Anguilla.
Onboarding process:
Our process begins with an initial due diligence phase. Once you successfully pass this screening, we will present you with a Client Agreement (CA) for your examination and signature.
After we have received your signed agreement and the retainer payment, our legal team will take care of all the required government forms and assemble the supporting documents.
Should you opt for a property investment, it will be necessary for you to finalize a sales and purchase agreement with the developer. Concurrently, we will represent you in communications with both the property developer and Select Anguilla, the government-sanctioned agency.
Prior to submitting your documents, we conduct a thorough review of your application to confirm that it adheres to the requirements of Select Anguilla. Furthermore, our legal team will carry out the final verifications before we submit the necessary forms.
Select Anguilla will then perform their own due diligence and review all the submitted paperwork. We will maintain a close working relationship with them throughout this process, ensuring that your application is processed by Select Anguilla as swiftly as possible.
Residence certificate issued
Select Anguilla will evaluate your application and, if approved, your next steps will be to firstly make all required contributions and secondly, settle any relevant government fees. After these steps are completed, we will then facilitate the dispatch of all necessary residence certificates.