Rental income tax is low in Anguilla
October 13, 2015
Effective Tax Rate on Rental Income
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Global Property Guide research
There are no income taxes in Anguilla. But stamp duties and fees are levied on certain types of income.
Business License Fee
An annual fee for renting is required. The rate is ECD2,500 (US$958) for the first 200 ft2, ECD0.50 (US$0.20 for each additional covered ft2 and ECD0.25 (US$0.10) for each additional uncovered ft2 .
Properties leased to tourists are subject to 10% accommodation tax, levied on the gross rent. This tax should be remitted monthly to the local government.
No capital gains tax is applicable. However, stamp duties are levied on transfers of real property in Anguilla.
Transfer Duty on Real Property
A transfer duty of 5% is levied either on the assessed value of the property or the sales proceeds, whichever is greater. Transfer duties are payable by the buyer.
Alien Landholding License
Foreigners buying real property are liable to alien landholding license, levied at 12.5% on the assessed value of the property or the sales proceeds, whichever is greater.
Property taxes are levied on the value of improvements on the land at the nominal rate of 0.0175% of the assessed building value.