caribbean islands to explore
minimum requirement
months processing time
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.
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.
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.
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.