Friday, November 22, 2024

Anguilla opens RBI scheme for $150K

Anguilla offers an exciting opportunity to become a permanent resident in the British caribbean island. Anguilla is British overseas territory with beautiful beaches with a population of just 15,000

 

The Anguilla government has appointed Select Anguilla, to administer Anguilla’s residency by investment  (ARBI) programmes.

 

In 2018, the Government of Anguilla mandated Latitude Group and Arton Capital to design, develop and launch their residency programmes. Select Anguilla is supported by a consortium of key players from two of the investment migration industry’s most experienced firms, Arton Capital and Latitude Group.

 

The new CEO Philip Kisob has also been appointed for Select Anguilla.

 

Select Anguilla has appointed 15 authorized agents to submit High value resident and Real estate applications.

 

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

 

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.  The airport can be reached 20 minutes by ferry. Anguilla uses two currencies ECD and USD.

 

 

Prabhu Balakrishnan
Prabhu Balakrishnan
Founder of Citizenship by Investment News. Chief Editor with over 15 years experience in PR and News publishing. He Loves writing about citizenship, residency and wealth migration. CIP Journal is a Leading publication founded in 2017 bringing latest news from CBI/RBI market.

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