ANGUILLA Law and Practice Contributed by: Nina Rodriguez, Webster LP
8.5 Tax Benefits There are no tax benefits from owning real estate in Anguilla.
occupy or be accommodated in premises for 183 days or more; or (b) leasehold land by way of lease (not being a grant or sale of the lease of that land) to the extent that the subject land is used or is to be used for the principal purpose of accommodation in a residential dwell - ing erected or to be erected on that land, where the lease is for 183 days or more; • a supply of the following immovable property: (a) vacant land; and (b) a residential dwelling that is: (i) resold by the initial purchaser includ - ing all subsequent sales of such property; and (ii) sold by the first-time owner after two • a lease, licence, hire rental of land to the extent that it is to be used for agricultural purposes; and • a lease, licence, hire rental of land except for in vacant land, where the lease is for 183 days or more. years of continuous occupancy of such premises by the owner or his/ her immediate family;
53
CHAMBERS.COM
Powered by FlippingBook