One of the insular states joining the select list of countries offering golden visas is Anguilla. The British territory located in the exotic Caribbean paradise has enabled its residency by investment scheme in 2019. Ever since it started to attract more and more foreigners. Below, our golden visa specialists explain the conditions of getting Anguilla citizenship. It is important to note that there is no direct way to citizenship, as one must first obtain residency.
| Quick Facts | |
|---|---|
| Nationalities accepted (EU/Non-EU) | Both EU and non-EU nationals can enter the Anguilla golden visa program. |
|
Business investment option (YES/NO) |
No |
|
Real estate investment option (YES/NO) |
Yes, real estate acquisition is permitted through this program. |
| Other investment options (if available) |
– capital injection in a government-approved fund; – tax residency based on an annual tax |
| Living requirement in Anguilla (YES/NO) |
Yes, the investor must live in Anguilla when choosing the tax residency option. |
| Residence or direct citizenship option |
The program entails residency by investment with the possibility of obtaining citizenship by naturalization. |
| Direct immigration with family members (YES/NO) |
Yes, the main investor can move to Anguilla with family members against a fee per each dependent. |
| Family members allowed to join the program |
Spouse, children, and other members |
| Residence visa/citizenship processing time (approx.) |
Approx. 3 months |
| Additional financial requirements for family members (YES/NO) | Yes, USD 20,000 per dependent of up to 4 family members, USD 5,000 per additional person. |
| Timeframe for obtaining citizenship/residency by investment |
Residency by investment can be obtained immediately, while citizenship is available after 5 years of residence. |
| Dual citizenship permitted (YES/NO) |
Yes, Anguilla allows dual citizenship. |
| Reasons to choose Anguilla |
– tax exemptions; – access to a UK passport as Anguilla is a British territory; – visa-free travel to Schengen countries |
| Personal income tax rate |
Residents are exempt from the personal income tax. |
| Visa-free travel to other countries (approx. number of countries) | More than 90 countries |
Table of Contents
The Anguilla golden visa – Requirements
You must be at least 18 years old and have a clean criminal record in order to qualify for Anguilla’s residency by investment program. Additionally, you must possess sufficient financial resources to be eligible for one of the Anguilla investment schemes.
The main options of the program are:
- capital investment of USD 150,000 minimum in a government-approved fund;
- real estate acquisition with a minimum value of USD 750,000;
- tax residency in exchange for an annual fee of USD 75,000.
If you decide to apply for a golden visa for Anguilla, our specialists are at your service.
We are also at your disposal if you are interested in other golden visa programs around the world.
Gain residency by investment in Anguilla through capital injection
One of the simplest ways to acquire residency by investment in Anguilla is capital injection. After 5 years of residency, the applicant becomes eligible for citizenship.
You can invest at least USD 150,000 required into a fund that is under government management. The fund’s goal is to invest the amounts of money gathered from foreign investors in initiatives that would promote the nation’s social and economic development. It is important to note that you must pay an additional $50,000 for each dependent you list on your application if you decide to move with your family.
If you are interested in this option, you can get in touch with our agents who will explain in detail the phases of this application for an investor or for an investor and his/her family. We are also at your disposal with information about other interesting citizenship by investment countries.
Acquire real estate and obtain Anguilla residency by investment
You need to invest at least USD 750,000 in a property if you choose the real estate option. Hotels, residences, villas, condos, etc. are examples of properties that can be bought under the Anguilla golden visa. Up to 4 family members can relocate with you for the minimum amount to be injected, however, you must pay an additional USD 100,000 per each additional family member. Before you decide to sell your property, you must maintain it for at least 5 years.
This is by far one of the best options for relocation to Anguilla based on the residency by investment program, as it offers a good return when rented.
Here is also an infographic on this topic:
Tax residency in Anguilla
In return for a USD 75,000 yearly payment, the tax residency scheme enables you to settle in Anguilla. This way, you can pay lower taxes compared to other countries throughout the world. Its main conditions are:
- you must create real ties to Anguilla, such as opening a bank account or acquiring real estate;
- demonstrate that you did not spend more than 183 days abroad within a calendar year;
- you must own property in Anguilla with a value of at least USD 400,000.
To be eligible for tax residency, you must spend a minimum of 45 days in Anguilla annually and a maximum of 183 days abroad. The tax residency program does not qualify you for citizenship, unlike permanent residency schemes.
Applications are handled by the Immigration Department within the Government of Anguilla. You must have your supporting documentation drafted and filed by a licensed agency that will apply for the Anguilla golden visa on your behalf. Our agents can help in this regard.
Documents required to apply for the residency by investment scheme
The general documentation required to qualify for residency by investment in Anguilla imply:
- the standard application form;
- proof of all fees having been paid;
- a copy of passport;
- a certified copy of the birth certificate;
- a valid identification paper;
- a certified copy of the marriage license (if applicable);
- a certified copy of the divorce decree, (if necessary).
- additional supporting papers such as a resume, letters of recommendation, bank statements, etc.
Depending on your situation and the investment strategy you opted for, other documents may be needed.
The golden visa for Anguilla takes about 3 months to process. Processing times, however, can be delayed based on various factors. In order to enter the standard timeframe, you can rely on our agents who can make sure your documents are in order.
Bringing family members to Anguilla
As mentioned above, it is possible to move to Anguilla with family members, known as dependents, directly or they can follow you after you have obtained your resident status. On the list of people you can enter the program are the spouse, minor and adult children, parents.
For adult children, they must be aged below 26 and they must depend on their parents for financial support, as well as be enrolled full-time in postsecondary education.
The application fee for the main applicant and 3 extra dependents is USD3,000 per person. Each application for additional dependents will imply an additional USD 500 per person.
Each adult over the age of 18 must also pay a USD 7,500 due diligence fee.
Our golden visa consultants can offer detailed information about the entire cost of the program. You can also rely on us for support during the application procedure.
Access to citizenship through Anguilla residency by investment
Applicants who are accepted under the program receive permanent residency in Anguilla immediately. After 5 years of legally living there, they are eligible for British Overseas Citizenship.
The main benefit of this status is that it expedites the naturalization process. Under this scheme, in order to naturalize and become a British Overseas Territory Citizen (BOTC), the applicant must have lived in Anguilla legally for 5 years prior to the application date. By comparison, conventional residency implies living in Anguilla for 10 years.
Please mind that the British Overseas Territory Citizen status does not imply being a full citizen of the United Kingdom. In order to obtain a passport, one must follow a few more steps.
We also have a video on this topic:
What are the benefits of the Anguilla residency by investment program?
There are several benefits related to obtaining an Anguilla golden visa. Among these, we present the following:
- low tax rates, as Anguilla does not impose corporate, gift, inheritance, capital gains, or income levies;
- it can be used to get a British passport; even though it grants permanent residence, this program also serves as a means to obtain UK citizenship, which is sought by many foreigners;
- once you have obtained citizens, you will have visa-free entrance to more than 180 countries;
- dual or multiple citizenship is permitted with a British passport.
Apart from these, when discussing residency in Anguilla, we mean a warm climate, beautiful landscapes, and an overall vacation vibe if you decide to move and live there.
Contact us for support in applying for residency by investment in Anguilla followed by citizenship.