|Large construction vehicles|
|Electric control boards|
|Tanned Fur skins|
Anguilla is a British abroad domain in the Caribbean. It is a standout amongst the most northerly of the Leeward Islands in the Lesser Antilles, lying east of Puerto Rico and the Virgin Islands and straightforwardly north of Saint Martin. The domain comprises of the primary island of Anguilla, roughly 16 miles (26 km) long by 3 miles (5 km) wide at its broadest point, together with some considerably littler islands and cays with no lasting populace. The island's capital is The Valley. The aggregate land region of the domain is 35 square miles (90 km2), with a populace of roughly 13,500 (2006 gauge). Anguilla has turned into a most loved assessment shelter, having no capital additions, bequest, benefit or different types of direct tax collection on either people or organizations. In April 2011, looked with a mounting shortage, it presented a 3% "Interval Stabilization Levy", Anguilla's initially type of wage charge.
To enhance the safety, stability and integrity of Anguilla's financial system and contribute to Anguilla being a premier financial centre, through appropriate regulation and legislation, judicious licensing, comprehensive monitoring and good governance. As the regulator of financial services in Anguilla the FSC is an operationally independent body which acts in the best interests of regulation, free from political and private sector influences. It has its own funding source and is subject to oversight by an independent and experienced supervisory board. It reports direct to me to enable me to discharge my responsibility for the oversight of international financial regulation under the Constitution of Anguilla.
Recent developments in the international financial sector have underlined the importance of good financial regulation in jurisdictions throughout the world. Anguilla is no exception. A well-regulated financial sector will continue to attract new business as Anguilla's has done in recent years. I am confident that this growth will continue and that the FSC will continue to provide the necessary regulatory framework.
Major industries in Anguilla include tourism, boat building, and offshore financial services. In 1997 there was an industrial production growth rate of 3.1%. 42.6 GWh of electricity are consumed, produced entirely by fossil fuel. Agricultural products include small quantities of tobacco, vegetables, and cattle raising. In 2011 Anguilla became the fifth-largest jurisdiction for captive insurance, behind Bermuda, Cayman, Vermont and Guernsey. The captive industry plays an ever-increasing and important part of Anguilla's financial services industry. Captive management firms, including Capstone Associated Services, have staffed offices in Anguilla in order to service the fast-growing captive insurance industry.
|Agriculture||Tobacco, vegetables & cattle.|
|Manufacture||Boat, concrete blocks & rum.|
|Services (Including financial)||73.8% (2013 estimate)|
|First Caribbean International Bank||Banking|
|Caribbean Commercial Bank Ltd.||Banking|
|National Bank of Anguilla Ltd.||Banking|
|Scotiabank Anguilla Ltd.||Banking|
|Large construction vehicles|
|Electric control boards|
|Tanned Fur skins|
The Eastern Caribbean Securities Exchange (ECSE) is the first regional securities market in the Western Hemisphere, established by the Eastern Caribbean Central Bank to serve the eight (8) member states of Anguilla, Antigua and Barbuda, Dominica, Grenada, Montserrat. St. Kitts and Nevis, Saint Lucia, Saint Vincent and the Grenadines. It is headquartered on the island of St. Kitts. It has been in operation since 1971, and the ECSE currently lists securities for about 14 companies.
The ECSE serves the islands of Anguilla, Antigua and Barbuda, Dominica, Grenada, Montserrat, Saint Kitts and Nevis, Saint Lucia and Saint Vincent and the Grenadines. It provides the citizens of these small islands with the opportunity to own a stake in some of the regions most eminent companies.
Add up to showcase capitalization: USD $13.9 Billion
Total listed companies: 13
Anguilla's land advertise is cooling quick, mirroring the infectious effect of the worldwide emergency. House costs began to decrease in Anguilla in mid-2009, as indicated by a report by Scott Hauser of Sotheby's International Realty. Property deals additionally fell, as outside request debilitated. In the second 50% of 2008, development eased back forcefully because of financing challenges looked by engineers. Various tourism and private tasks wiped out or postponed. The sharp property cost builds that started in late-2004 were driven by solid remote request, halfway the aftereffect of big-name sightings which have made the island 'chic'. Brad Pitt and Jennifer Aniston spent their last days as a couple on the island. Denzel Washington praised his 50th birthday celebration in Anguilla. Anguilla encountered a development blast in 2005, as interest for land expanded. Anguilla's economy depends mostly on tourism and money related to administrations. The vacationer business focuses on the extravagance advertise, cooking for the most part to guests from North America and Europe. Notwithstanding, travel debilitated in 2008. As of September 2008, there were only 102,607 guest landings, down 24.2% from 135,304 guests a year ago.
From 2004 to 2006, normal yearly GDP development was 14% (official genuine GDP development measurements distributed two years late). Expansion rose to 7.7% in September 2008, as the cost of imported sustenance and fuel items expanded. In addition, nearby banks' liquidity fixed than some time recently, because of the worldwide credit crunch, and property deals dropped in 2008 in light of the fact that financial specialists and homebuyers turn out to be more careful. The pace of development movement eased back pointedly because of various scratched off or deferred ventures. Laborers were laid off, as financing for these tasks became scarce. Regardless of sharp cost increments in the previous years, property costs in Anguilla have been lower than in adjacent Caribbean islands, for example, the BVI or US Virgin Islands.
Western Anguilla has seen the best measure of improvement over the previous years. In Cul de Sac, a luxurious neighborhood close Sandy Point Beach, three-room houses are sold at a normal cost of around XC$4.3 million (US$1.6 million). With its region little (102 sq. km), the legislature confines outside land proprietorship. The Anguillan law disallows non-has a place ( a nearby term for outsiders) to possess sandy waterfront or beachfront properties. These areas are saved entirely for tourism or business improvements. Government's strategy permits non-has a place with buy land just on the rough coastline, Cliffside or inland heaps of up to a large portion of a section of land for building a house with a base gross outside floor range of 2,000 sq. ft. Development ought to be finished inside the year and a half from the date the permit is issued generally punishments are charged or more terrible, and the land might be relinquished.
Anguilla initially settled by Indigenous tribes who relocated from South America. Around 1300 bc the most punctual Native American antiquities found on Anguilla have been included by stays of settlements date from promotion 600.The Arawak name for the island appears to have been Malliouhana. The season of European attack and colonization is questionable: a few sources assert that Columbus located the island amid his second voyage in 1493, while others express that the island was first "found" (for colonization) by the French adventurer René Goulaine de Laudonnière in 1564.
Conventional records say that Anguilla initially colonized by English pilgrims from Saint Kitts starting in 1650. In this early pilgrim period, be that as it may, Anguilla some of the time filled in as a position of shelter and late grant concentrated on Anguilla has put more noteworthy essentialness on different Europeans and Creoles moving from St. Christopher,  Barbados, Nevis, and Antigua. The French briefly assumed control over the island in 1666 yet returned it to English control under the terms of the Treaty of Breda the following year. A Major John Scott who went by in September 1667, composed of leaving the island "in great condition" and noticed that in July 1668, "200 or 300 individuals fled thither in time of war."
It is likely that some of these early Europeans carried oppressed Africans with them. Antiquarians affirm that African slaves lived in the area in the mid-seventeenth century. For instance, Africans from Senegal lived in St. Christopher in 1626. By 1672 a slave station existed on the island of Nevis, serving the Leeward Islands. While the season of African landing in Anguilla 's difficult to put absolutely, authentic proof shows a generous African nearness of no less than 100 slaves by 1683. These appear to have originated from Central Africa and in addition West Africa. Endeavors by the French to catch the island amid the War of Austrian Succession (1745) and the Napoleonic Wars (1796) finished in disappointment.
Amid the early provincial time frame, Anguilla was managed by the British through Antigua; in 1825, it was put under the regulatory control of adjacent Saint Kitts.1967, Britain allowed Saint Kitts and Nevis full inward self-sufficiency. Anguilla was likewise consolidated into the new brought together reliance, named Saint Christopher-Nevis-Anguilla, against the desires of numerous Anguillians, which prompted two Anguillian Revolutions in 1967 and 1969 headed by Atlin Harrigan and Ronald Webster. The island quickly worked as the autonomous "Republic of Anguilla". The objective of the upset was not freedom as such, but instead autonomy from Saint Kitts and Nevis and come back to being a British state. In July 1971, British expert was completely re-established, and in 1980, Anguilla was at long last permitted to withdraw from Saint Kitts and Nevis and turn into a different British Crown Colony (now a British abroad domain).
Victor Franklin Banks
The East Caribbean dollar (XCD) is the money of every one of the seven full individuals and one partner individual from the Organization of Eastern Caribbean States. It is in presence since 1965, being the successor to the British West Indies dollar, and it is typically abridged with the dollar sign $ or, on the other hand, EC$ to recognize it from other dollar-designated monetary forms. The EC$ is subdivided into 100 pennies. It is pegged to the United States dollar since July 7, 1976. Anguilla's neighborhood cash is the Eastern Caribbean dollar, which is settled to the U.S. dollar at $2.72(EC) to $1(USD). The U.S. dollar is acknowledged about wherever on the island.
While going to Anguilla, you can get a change in either U.S. dollars or Eastern Caribbean dollar, or even both. Air terminals and inns have money trade, yet it is constantly desirable over go to a bank to get the best rates. Before leaving your nation of origin, trade some cash for travel odds and ends, for example, tipping at the airplane terminal and ground transportation to your housing, this is solid counsel for U.S. nationals, too. Despite the fact that most places acknowledge U.S. money, it's constantly great to be set up in the event that something strange happens. You would prefer not to stress over getting Eastern Caribbean cash while you're endeavoring to get settled.
In spite of the strength of the euro since January 2002 inside the motherland, Holland, the lawful delicate on the Dutch side of St. Maarten is as yet the Netherlands Antilles florin (NAf); the official swapping scale is NAf 1.79 for each $1. U.S. dollars are the coin of the domain here, and inns and most eateries mirror their costs in US dollars. On the French side (and in addition on St. Barts), the authority money related unit is the Euro, with most foundations broadly citing and tolerating either dollars or NAf guilders too. At squeeze time, the U.S. dollar was exchanging at $1.20 to the euro. Anguilla's authentic cash is the Eastern Caribbean Dollar, however, U.S. dollars are acknowledged all over; the conversion scale is set forever at around 2.70EC to $1.
Until 1981, the coins of the BWI$ circled. In 1981, another arrangement of coins was presented in categories of 1, 2, 5, 10 and 25 pennies and 1 dollar. The round, aluminum bronze dollar coin was supplanted in 1989 with a decagonal, cupro-nickel sort. Higher categories exist, however, these were issued just as decoration coins. 1 and 2 pennies were pulled back from flow in July 2015 and will stay legitimate delicate until 30 June 2020. In 1965, the Eastern Caribbean Currency Authority issued banknotes in divisions of 1, 5, 20 and 100 dollars, all including Pietro Annigoni's 1956 picture of Queen Elizabeth II in the formal attire of Order of the Garter. The principal issues for the sake of the Eastern Caribbean Central Bank in 1985 were of similar categories, with the expansion of 10 dollar notes. In 1989 the last 1 dollar notes were issued, and in 1993, 50 dollar bank notes were presented. On April 1, 2008, the East Caribbean Central Bank discharged another arrangement of banknotes like the past issues yet exclude both the standardized tag and the nation code letterings which frame some portion of the serial number on current notes. In 2012, the East Caribbean Central Bank issued a progression of banknotes with Braille highlights to give notes which are less demanding to dazzle and outwardly hindered people to utilize. The raised Braille characters on the updated notes highlight a Cricket subject as balls and stumps. These characters at that point added to the 10-, 20-, 50-, and 100 dollar notes.
|National Song||"God Save the Queen"|
|Currency||East Caribbean dollar(XCD)|
|GDP / GDP Rank||311 Millions USD|
|GDP Growth Rate||-|
|GDP Per Captial||$12,200 (PPP)|
< 1.0% Muslims
< 1.0% Hindus
< 1.0% Buddhists
< 1.0% Jews
1.6% Other Religions
Black (Predominant) 90.1%
Monarch - Elizabeth II
Chief Minister - Victor Banks
|Website||Go to the web|
|Unemployment Rate||7.8 Percent|
|Labor Force (Occupation)||-|