Articles | Expat Money®

How Expats Can Use Anguilla’s Infrastructure To Live In A Tax Haven

Written by Mikkel Thorup | April 11, 2023

Anguilla is a British territory in the Caribbean, with a population of around 16,000 people. It is known for its beautiful beaches, turquoise waters, and vibrant culture. The Anguilla government has been working to attract expats to the island, using the political infrastructure to help expats live comfortable and fulfilling lives there.

 

Anguilla has a favourable tax environment for expats, with no income, corporate, or capital gains tax

POLITICAL LANDSCAPE IN ANGUILLA

Anguilla is a democracy with a parliamentary system of government. The Chief Minister is the head of government, and a unicameral legislature is known as the House of Assembly. The island is divided into seven electoral districts, and the British Crown appoints a governor. The governor is responsible for external affairs, defence, and internal security.

 

IMPACTS ON THE EXPAT COMMUNITY

 

STABLE POLITICAL SYSTEM

One key factor that makes Anguilla an attractive destination for expats is its stable political system. The government operates within a framework of parliamentary democracy. It has a long-standing tradition of political stability, which has helped to foster a favourable environment for foreign investment and expat living. The government is committed to promoting a transparent and accountable system of governance. It regularly consults with stakeholders, including expats, to ensure that policies and initiatives are responsive to their needs and concerns.

 

TAX SYSTEM

The Anguilla government also supports expats through its tax system. Anguilla has a favourable tax environment for expats, with no income, corporate, or capital gains tax. This makes the island an attractive destination for entrepreneurs, investors, and retirees looking to minimize their tax liabilities. Additionally, the island's government has recently implemented a new tax regime, the Economic Substance Regulations, which aims to attract high-value business and investment activity by offering tax incentives to companies that operate in Anguilla.

 

The government is focused on promoting the safety of the island, recognizing the importance of this for expats and tourists alike

EXPAT SUPPORT AND CROSS-CULTURAL EXCHANGE

The Anguilla government has also recognized the importance of supporting expat communities and promoting cross-cultural exchange. The government works closely with expat organizations and community groups to promote cultural exchange and to address the needs and concerns of expats living on the island. The government also supports initiatives to promote language learning and intercultural understanding among residents and expats.

 

CULTURAL ACTIVITIES

The Anguilla government is also committed to promoting cultural activities and events to help expats feel more connected to the local community. The Anguilla Tourist Board, for example, is responsible for promoting tourism and cultural events on the island and works closely with local businesses and community groups to organize festivals, concerts, and other events that showcase the island's unique culture and heritage. By promoting cultural events and activities, the government is helping to create a sense of community and belonging for expats and locals alike.

 

Related content: Life In The Caribbean Island Of Anguilla

 

SAFETY AND SECURITY

The government is committed to promoting safety and security on the island, recognizing that this is a crucial concern for expats and tourists. The government operates a well-trained and equipped police force. The police force is responsible for maintaining law and order and protecting residents, tourists, and expats from crime and other criminal activity. The government has also established various emergency response services, including fire, ambulance, and disaster management services.

 

In addition to the health and education system, the government invests in social services to support resident expats

EDUCATION SYSTEM

The Anguilla government supports expats through its education system. The government has invested in a high-quality education system that provides access to quality education for all residents, including expats. The primary and secondary schools on the island follow the British curriculum and offer a rigorous and challenging education. The government has also established the Anguilla Community College, which provides vocational training and higher education opportunities to residents and expats alike.

 

HEALTH CARE SYSTEM

Healthcare is another area where the Anguilla government has invested significantly to provide quality healthcare services to residents and expats on the island. The government has established a range of healthcare facilities and services to ensure residents and expats access quality healthcare. The Princess Alexandra Hospital, for example, is a modern and well-equipped hospital that provides a wide range of medical services, including emergency care, surgery, and specialist treatments. The government has also established a number of community health clinics throughout the island, which provide primary care services and outreach programs to support the health and well-being of all residents, including expats.

 

Related content: The Basics Of How To Get A Second Passport Or A Second Residency

 

SOCIAL SERVICES

Besides healthcare, the government invests in social services to support expats living on the island. The Department of Social Development provides a range of support services, including child protection services, elderly care services, and disability services, to ensure that all residents, including expats, have access to the support they need. The government also supports vulnerable groups, such as low-income families and individuals, through the Social Security System and the National Poverty Reduction Program.

 

The government has established a fibre optic network across the island, providing fast and reliable internet

INFRASTRUCTURAL DEVELOPMENT

The government has also invested significantly in infrastructure development on the island, including transportation, utilities, and telecommunications. The government recognizes that modern and reliable infrastructure is essential to supporting the needs of a diverse and growing community. It has implemented various initiatives to improve access to essential services and amenities.

 

DIGITAL INFRASTRUCTURE

In line with the infrastructural development, the government has also been promoting digital infrastructure and connectivity, recognizing that expats and businesses need reliable and fast internet access to thrive. The government has established a fibre-optic network throughout the island, which provides high-speed internet access to all residents and businesses. The government has also launched several initiatives to promote digital literacy and entrepreneurship, including establishing a business incubator and providing training and support for entrepreneurs and start-ups.

 

Related content: Living In Anguilla With Your Digital Nomad Visa

 

The government of Anguilla promotes the creation of job opportunities for expats and locals

ENVIRONMENTAL SUSTAINABILITY AND CONSERVATION ON THE ISLAND

The government has also established a range of programs and initiatives to promote environmental sustainability and conservation on the island. Anguilla has diverse natural habitats and ecosystems, including pristine beaches, coral reefs, and wetlands. The government is committed to protecting these natural resources and promoting sustainable development practices that minimize environmental impact. The Anguilla National Trust manages and protects the island's natural heritage and works closely with the government to promote environmental sustainability and conservation.

 

Individuals can obtain residency in Anguilla through significant investment in the country

RESIDENCY BY INVESTMENT PROGRAM

The government has also established various incentives and programs to attract foreign investment and promote economic growth. These include tax incentives, expedited business registration processes, and the Residency by investment program. In particular, the residency by investment program allows individuals to obtain permanent residence in Anguilla in exchange for a significant investment in the country. The program has been designed to attract wealthy individuals seeking a safe and peaceful place to live. These investments made by expats allow the government financial support, which they use for all the mentioned improvements.

The program has been very successful in attracting expats to the country. It has been designed to be straightforward to understand. The program offers several benefits to expats, such as the ability to live and work in Anguilla, tax benefits, and access to world-class healthcare.

The Anguilla government has been very supportive of the program. It has created a particular unit within the government to manage the program and to help expats navigate the process. The government has also prioritized ensuring that expats are welcomed and integrated into the community.

 

TOURISM

Finally, the Anguilla government is committed to promoting tourism on the island, recognizing that it is a crucial driver of economic growth and job creation. The government has established the Anguilla Tourist Board, which promotes tourism and hospitality on the island. The Tourist Board works closely with local businesses and community groups to promote Anguilla as a desirable tourist destination and attract visitors worldwide. The government also supports local businesses in the tourism sector through various initiatives, including training and development programs and marketing support.

 

Anguilla is becoming one of the most attractive destinations for expats worldwide

CONCLUSION

The Anguilla government is using the political infrastructure to create a supportive and welcoming environment for expats living on the island. Through its investment in healthcare, social services, education, environmental sustainability, economic development, and tourism, the government promotes a vibrant and diverse community that benefits locals and expats. By fostering a sense of community, promoting diversity and inclusion, and addressing the needs and concerns of expats, the government is making Anguilla an attractive and desirable destination for expats worldwide.