Anguilla Golden Visa

Anguilla Golden visa

Anguilla officially opened golden visa scheme in 2019, offering immediate permanent residency to foreign investors in the british caribbean island with a path to British overseas territory (BOT) citizenship. The scheme was officially known as Anguilla Residence by Investment Scheme (ARBI).  Anguilla’s RBI scheme is government’s interest in providing an ‘elevated’ status to visitors who make significant financial investments into the island.

Anguilla’s Residency by Investment  program offered by the Government of Anguilla which allows non-belongers of Anguilla the opportunity to acquire Permanent Residency in Anguilla by making a financial contribution to the island and proving to be of good health and good character.

  • Low-tax jurisdiction attractive for tax planning
  • A clean environment, low air pollution, low crime rates and
  • Good quality of life set amidst a tropical climate, amazing food, people and beautiful beaches.
  • Immediate permanent residence with path to future BOTC citizenship

Anguilla is a British overseas territory in the Caribbean.  Anguilla has a population of 15,000 with 33 beaches.  Anguilla has no capital gains, estate, profit, sales, or corporate taxes. Anguilla must not be confused with Antigua in the Caribbean.

Minimum Investment

Under the new scheme, foreigners can obtain permanent residence under these three investment options

  • Tax residency: Pay $75,000 as lump sum tax to treasury annually. Must spend 45 days a year and own a property for atleast $400,000
  • Capital fund: Pay $150,000 as one time payment to diversification fund to develop and contribute to the economy. Additional fee $50,000 for spouse or dependants
  • Real estate: Buy a property worth atleast $750,000 in the island

 

Additional Fees: There is an application processing fee of $3000 for family of four. Additional family members have to pay $500 per applicant. There is also due diligence fee $7500 per adult person and $2500 for child under 18

Due diligence

Anguilla employs a robust due diligence process screening applicants in great detail including the present and past activities of applicants in effort to ascertain a risk profile of prospective permanent residents. Anguilla appointed well-reputed international due diligence companies to verify the authenticity, correctness of information contained in application package.

Tax Residency

The Applicant will be deemed a Tax Resident in Anguilla if they:

  • Pay $75,000 per year in annual worldwide income tax to Anguilla’s Treasury; and
  • Own and maintain property in Anguilla valued in excess of $400,000 (inclusive of land purchase in excess of $100,000); and
  • Establish other genuine links in Anguilla, such as bank accounts, memberships, etc.; and
  • Spend a minimum number of days in Anguilla each year; and e) Declare annually in writing that they are spending less than 183 days per year in any other country; and
  • Demonstrates their ability to readily transfer the total amount of funds which covers the Applicant’s Annual Lump Sum Tax obligations under the RTP for the first five years.
  • Pay the Programme application and due diligence fees and remain in good standing throughout their residency status.

BOT Citizenship

Anguilla residents with permanent resident status through this scheme can apply to become British Overseas Citizen (BOC) after five years of living.   British overseas citizenship is largely granted to people of former british colonies.

British Overseas citizens (BOC) are exempted from obtaining a visa or entry certificate when visiting the United Kingdom for less than six months. BOC are subject to immigration controls and do not have the right of abode or the right to work in the United Kingdom. Unlike full British citizens, British Overseas citizens are not European Union citizens and do not have freedom of movement in the EU but they are exempted from obtaining a visa when visiting the Schengen Area

Anguilla uses the international airport in St Maarten for daily access to the US, Canada and Europe. In 2019, Anguilla waived visitor visa requirements for UK, US, Canada visa holders

Anguilla passport

The Anguillian passport is a British passport issued to British Overseas Territories citizens with a connection to Anguilla. From 2015, all Anguillian passports are issued by Her Majesty’s Passport Office in the United Kingdom,

Anguillan citizens are required to apply for a Canada eTA visa to enter Canada on a short term basis (under 90 days) for general tourism, business, transit or medical purposes.

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