Anguilla is a British Oversea Territory located in the Caribbean Sea. The Anguilla Select is a golden visa with two distinct options for investors. Those interested in obtaining British Oversea Territory Citizenship (BOTC) should apply for Anguilla permanent residency programs, which include the option of donating or investing in Anguilla real estate. The tax residency program is open to those who are only looking for a more straightforward tax residence. The Anguilla Residency by Investment Programme is open to those who are looking for permanent residency or straightforward tax residency.
Anguilla is one of the world’s most tax-friendly destinations. There is no personal income tax, corporate income tax, or even VAT. If you choose the Anguilla Tax Residency Program, you will become a tax resident after 45 days on the island per year. You can become a BOTC after just five years if you select the permanent residence program. The BOTC passport is a fantastic passport that allows you to visit Europe’s Schengen region without a visa for 90 days out of a 180-day span.
The Anguilla Select Residence Program includes three options of which two offer permanent residency:
Main Applicant Fees: Application fees $3000 for a family of 4. Due diligence fees $7500.
Dependent Fees: Application fees $500 per dependents after a family of 4. Due diligence fees $7,500 for 18A, $2,500 of 12A
A donation of $150,000 to the Capital Development Fund is needed. There’s also an extra $50,000 per dependent.
For a family of four, purchase a home worth at least $750,000. An additional $100,000 will be given to each person. The investment has to be held for at least five years.
Have a house worth more than $400,000. Contribute an annual worldwide income tax obligation to Anguilla’s treasury in the amount of $75,000 per year. The expenditure and contribution must be held for the duration of the stay in Anguilla. You must also spend a minimum of 45 days in Anguilla each year and no more than 183 days in another country to apply.
An approved agent must apply for the Anguilla Select residence program. This designated agent will communicate with the Anguilla authorities about your case. He'll assist you in gathering the required documents and filing the application. After receiving the letter, the Anguilla authorities process it in less than three months.
If your application is accepted, you will receive a letter of approval in principle, which will invite you to proceed with the proposed investment. Your designated agent will give you the transaction records once you've completed your investment.
You can receive formal approval and your residence card until the authorities receive evidence that the investment was completed.
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