Property for Sale in Anguilla, Caribbean
Buying property, a home or a business in Anguilla is not difficult, but for a foreign national will take time and commitment. Anguilla nationals are permitted to buy property freely; however here are certain restrictions to foreign nationals owning property.
Foreign nationals must obtain an Alien Land Holding License from the Government. If the application is for undeveloped land then Planning Permission is required of the proposed building before an application can be made for the Alien Land Holding License. The Alien Land Holding License costs 12.5% of the property value and is payable in addition to a 5% Transfer Tax. In special circumstances the fees for the Alien Land Holders License may be waived, for example if the property is being purchased by a Caribbean National who has been residing on Anguilla for more than 7 years.
There are no income taxes in Anguilla. But for properties rented by tourists, 10% of the rent must be remitted to the local government as accommodation tax.
Despite being a tax haven, Anguilla does not offer permanent residency easily.
Anguilla offers breathtaking oceanfront property for a fraction of the price that you would pay on "discovered" Caribbean islands. However Foreigners are not allowed to own Waterfront Property, you must be an Anguillan National.
