Share to Twitter Share to Linkedin Anguilla, a British territory in the Caribbean, is a new member of the group of countries offering citizenship-by-investment. It could well become a prominent destination for high net worth investors, particularly North Americans since it can be an attractive tax haven. But its shortcoming is that it only offers residence to start, with citizenship being a longer-term matter. There is a difference, to be sure, between tax avoidance and tax evasion. We’re obligated to pay taxes and it can be a crime to evade them. But there are some people who try to avoid paying taxes when they can, including high net worth investors who are familiar with this difference and appreciate it. This is where Anguilla’s benefits come into play. The advantage Anguilla offers is that it has no direct taxation, with no income tax, capital gains tax , gift tax, net worth tax, inheritance tax, or corporate taxation. To become a permanent resident … [Read more...] about Anguilla Residency Program Offers New Tax Haven For Investors