Anguilla

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Anguilla, an island nation located in the Eastern Caribbean, East of Puerto Rico. Formerly part of a single British Dependency along with St. Kitts and Nevis, Anguilla was formally recognized in 1980 as a seperate British Dependency and is one of nine members of the Organisation of Eastern Caribbean States. It lies between the North Atlantic Ocean and the Caribbean Sea with a year-round climate that's classified as Tropical. The oficial language is English and uses the English Common Law model which hold fiduciary duties to a more conservative standard that the US or Canada. Anguilla is a British Overseas Territory with H.M.Queen Elizabeth II as monarch. These characteristics make it a preferred jurisdiction for offshore financial services such as corporations, trusts and banking.

Anguilla Quick Facts:

  • Geographic Coordinates are: 18.22° N, 63.07° W
  • Land area: Approximate 35 square miles, 16 miles long and between 1 to 3 miles wide
  • Population: 2006 World Fact Book population estimate of 13,600. (90.1% West African, 4.6% Multiracial, 3.7% European and 1.5% other)
  • GDP: $108.9 million (2004 estimate- source: indexmundi)
  • Currency: Anguilla's official currency is the Eastern Caribbean Dollar (formerly the British West Indies Dollar) abbreviated as: EC$ to differentiate it from other jurisdictions using a dollar denomination currency. The Eastern Caribbean Dollar is pegged to the US Dollar at an exchange rate of EC$2.70 = $1.00USD
  • Economy: Anguilla relies heavily on the tourism trade, as it is a popular destination for high-end and celebrity tourists.
  • Anguilla has invested heavily in their offshore financial sector, which is small but realizes steady and positive growth.
  • Internet Code: .ai

Anguilla


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