GLOBAL CITIZEN 49

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Tax Residency In addition to establishing links to Anguilla, such as bank accounts and memberships, as well as demonstrating the ability to readily transfer the first five years of tax payments, tax residents in Anguilla must satisfy the following requirements: • Pay US$75,000 per year in annual worldwide income tax to Anguilla’s Treasury. • Own and maintain property in Anguilla valued over US$400,000. • Spend a minimum of 45 days in Anguilla each year. • Declare to not having spent over 183 days a year in any other sole country. Permanent Residency To acquire permanent residency in Anguilla, applicants must fulfil one of the two following investment options:

Real Estate Investment • To qualify for a family of 4, the minimum value of the property must be US$750,000 at the time of application • Each additional dependent will require an additional investment of US$100,000 • The property cannot be sold within 5 years of the purchase date Donation to Capital Development Fund • The Capital Development Fund is a government fund established to finance public sector projects that grow, develop, and diversify Anguilla’s economy. The minimum contributions required are as follows: • Main Applicant: US$150,000 • Spouse, and/or dependents: US$50,000 each • Additional processing and due diligence fees are applicable. To learn more about Anguilla’s Residency-by-Investment Programmes, visit selectanguilla.com.

80 SEPT / OCT 2019


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