Anguilla is a small island located in the Caribbean Sea. It is known for its white-sand beaches, crystal clear water, and friendly locals.
The Anguillian culture is a mix of British, African, and Caribbean influences. The island's cuisine is particularly noteworthy, with dishes such as saltfish and rice being particularly popular. Anguilla is also home to a number of artists and musicians, many of whom have gained international recognition. Overall, Anguilla is a relatively peaceful and prosperous country with a rich cultural heritage. The island is a Parliamentary democracy, with the head of government being the Prime Minister.
The currency in Anguilla is the Eastern Caribbean Dollar (XCD). The XCD has been pegged to the US Dollar since 1976 at a rate of 2.7 XCD to 1 USD. Anguilla's main exports are lobster, salt, fish, and rum. The island's primary trading partners are the United States, the United Kingdom, and other Caribbean nations. anguilla gdp totaled $228 million in 2016. This number includes both the anguillian gdp as well as the gdp from the offshore financial sector. The vast majority of anguillian gdp (70%) is generated by the tourist industry with visitors coming from all over the world to enjoy the island's beaches and clear waters.
The island's economy is based largely on tourism, so there are plenty of things to do for visitors of all ages! Whether you're interested in swimming, snorkeling, or simply relaxing on the beach, Anguilla has something for everyone.
Anguilla
Anguilla is a British Overseas Territory and is therefore subject to British sovereignty, although not being a formal part of the United Kingdom. Anguilla does not offer a direct citizenship by investment program like other Caribbean programs on the market today, but it does offer 3 distinct ways to obtain permanent residency. Additionallyl, after five years of permanent residency, it is possible to apply for British Overseas Territories Citizenship and, finally, British Citizenship.
In June of 2019, Anguilla launched its residency by investment program. The scheme is appealing to investors looking for a tax-efficient domicile. The Anguilla program is neither a citizenship-by-investment or second passport program, unlike other Caribbean programs such as St. Kitts and Antigua. Applicants may qualify by investing either in the Capital Development Fund or in Real Estate directly. Anguilla's HVR program is ideal for highly successful investors and entrepreneurs with a global outlook. Applicants to the HVR scheme can get tax residency in Anguilla by paying $75,000 annually. Applicants must commit to a minimum of five years. During that time, the applicant must possess and maintain property in Anguilla with a value of at least $400,000.
Own a property worth more than $400,000. Contribute to Anguilla's treasury with a fixed annual contribution of $75,000 to cover your annual worldwide income tax burden.
Applicants may qualify for Anguilla residency through the real estate investment option. This minimal investment of $750,000 qualifies up to four family members for permanent residency. Each extra family member requires an additional $100,000 investment. Application, processing, and due diligence fees are additional.
The property must be retained for at least five years. Homes, villas, condominiums, hotel units, and other types of properties are eligible. Prior to committing to the investment, prospective investors can submit an application for conditional permission.
Purchase a home worth at least $750,000 for a family of four. $100,000 extra per additional person.
The Capital Development Fund is a special fund established by the Anguillan government. Its objective is to grow and diversify the island's economy by investing in significant public sector initiatives. The minimum investment for a single candidate is $150,000 + $50,000 per spouse or dependant. Application, processing, and due diligence fees are additional.
For the Select Anguilla - PR Donation program the applicant must make a donation of S150,000 to the Capital Development Fund. There is also another $50,000 required per additional dependent.
According to the SovSpot Passport Ranking Index, the Anguilla passport is now ranked 53rd. It allows entrance to 114 countries without requiring a visa. As a result, it has a good overall mobility score and is a desirable passport. Visa-free travel and visa-on-arrival are available to Anguillan passport holders in countries such as Singapore, the United Kingdom, the United States, Brazil, and the entire European Union. This enables for almost instantaneous travel. Anguillan passport holders, on the other hand, need a visa to visit roughly 126 countries around the world. China and Russia are two countries that require a visa. Anguilla has a scheme called Residency by Investment. Applicants can gain Anguilla residence in 6 months after completing a due diligence process and making the required economic contribution to the country.
53
114
The number of countries Anguilla passport holders can enter without a visa (i.e. visa-free countries) is added to the number of countries Anguilla passport holders can enter by obtaining a visa on arrival (i.e. visa-on-arrival countries) or an electronic travel authorization (i.e. visa-on-arrival countries) (eTA). There are now 106 visa-free countries for Anguilla passport holders, 6 visa-on-arrival countries for Anguilla passport holders, and 2 eTA destination. Anguilla passport holders can travel to 114 countries without a visa, by visa on arrival, or using an eTA. As a result, the passport of Anguilla is ranked 53th in the world. Apart from the visa-free and visa-on-arrival countries, there are 77 other countries where Anguilla passport holders would require a physical visa or an eVisa (i.e. visa required countries). Due to its high rating and the numerous visa-free countries to which its people have access, the Anguilla passport is highly sought after. Citizenship in Anguilla can be obtained in a variety of ways, including through birth, ancestry, residence and marriage.
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