Offshore Banking

Anguilla : Ideal for Offshore Business

The tiny, quiet, island of Anguilla can be deceiving at first glance. The British-owned island has long been promising itself as an international financial hub. The burgeoning financial sector offers a plethora of services such as ealing with trust management, insurances and mutual funds. The government keeps updating its laws to ensure Anguilla is in sync with current developments in the world financial markets and is fast becoming a center for international e-commerce. However, the government remains vigilant in ensuring that the country does not become a center for money laundering.

Non-resident owners are exempt from local Exchange control regulations and the government allows some latitude for doing financial business in Anguilla, i.e. incorporating an international company (one of several forms of companies permitted under Anguilla law and the one most suitable for offshore investors. For further information please visit First Anguilla Trust Company Limited website.

The laws regarding foreign investments are complicated to most and a local attorney must be consulted to ensure all forms and procedures are completed accurately and in a timely manner.