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ANGUILLA Anguilla offshore banks Anguilla offshore service providers
Anguilla is located roughly 150 miles east of Puerto Rico and just a mere five miles north of St. Maarten. The small little island measures sixteen miles long and three miles wide. Gentle breezes bathe the island continuously resulting in an average temperature of around 80°F. A British dependent territory since 1650 and the most northerly of the Leeward Islands and Lesser Antilles, Anguilla remains greatly untouched by commercial development; the hotels are all discreet low-rise designs complementing both the rocky coral and sandy coastlines. Economy Its main industries are tourism, offshore incorporation and management, offshore banking, and fishing. Many insurance and financial business are headquartered in Anguilla. The economy of Anguilla is expanding rapidly, especially the tourism sector which is driving major new developments in partnerships with multi-national companies. This boom, beginning gently during 2005-2006, is accelerating through 2007 and is expected to continue for years. GDP - (ppp) - $108.9 million (2004 est.) GDP - per capita - $8,800 (2004 est.) Currency: 1 East Caribbean dollar (EC$) = 100 cents Exchange rates: East Caribbean dollars (EC$) per US$1 - 2.7000 (fixed rate since 1976) |
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