About Anguilla
Anguilla depends heavily on luxury tourism, offshore banking, fishing, and remittances from emigrants.
Increased activity in the tourism industry has spurred the growth of the construction sector contributing to economic growth.
Anguillan officials have put substantial effort into developing the offshore financial sector, especially offshore company incorporation and offshore banking.
The economy, and especially the tourism sector, suffered a setback in late 1995 due to the effects of Hurricane Luis in September but recovered in 1996.
Banks
Caribbean Commercial Investment Bank LimitedProvides financial services to non-residents of Anguilla.
(under Administrator)
Foreign Commerce Bank Limited
The Anguilla Professional Complex
P.O. Box 1648, The Valley
Anguilla, B.W.I.
Tel: (264) 498-5576
Fax: (264) 498-5578
National Bank of Anguilla (Private Banking and Trust) Limited
Conrad W Fleming Corporate Bldg St. Mary’s Road P. O. Box 44
The Valley, Anguilla, B.W.I.
Tel: (264) 497-7096
Fax: (264) 497-2296
(under Administrator)
Background Facts
Anguilla is a British overseas territory in the Caribbean. It is one of the most northerly of the Leeward Islands in the Lesser Antilles, lying east of Puerto Rico and the Virgin Islands and directly north of Saint Martin.Population: 15,094 (2011)
Capital: The Valley
Dialing code: 264
Currency: East Caribbean dollar
Exchange control:
There are no Foreign Exchange controls, and the US dollar circulates freely throughout the economy. Bank accounts can be maintained in US dollars in either personal or corporate savings accounts, checking accounts, CD's, or other investment instruments.
Government: Parliamentary system, Dependent territory, Constitutional monarchy
Official language: English Language
Legal System:
Common law based on the English model
Bank Legislation: (.PDF Downloads)
The Trust CO.s & Offshore Banking Act 2000
Trust Companies and Offshore banking Act 2006
Trust Companies and Offshore Banking (Amendment) Act 2008
The Trust CO.s & Offshore Banking Regulations
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