The Visionaries - IR Global

• GLOBAL MOBILITY

ANGUILLA

MY ADVICE... Organisations can navigate the complexities of global mobility in a changing geopolitical landscape, ensuring resilience, adaptability, and sustainable practices by embracing the following recommendations:

Anguilla’s “.ai” domain and Anguillian Mobility

Consider and mitigate the environmental impact of global mobility and strive to adopt sustainable practices. Foster strong networks and collaborations with international partners, governmental agencies, and industry peers to navigate challenges collaboratively. Stay well-informed about immigration regulations and policies in different regions and adapt swiftly to regulatory changes. Invest in talent to create a resilient and adaptable workforce.

solutions for both businesses and individuals such as the creation of trusts, foundations, investment funds or international companies. Mobility in the local workforce In a deliberate effort to safeguard the interests of its nationals, the Government of Anguilla has implemented stringent policies regarding the issuance of work permits to foreigners. These measures aim to ensure opportunities for the local workforce. Acknowledging Anguilla’s small size, the Government is also mindful of the need to attract global talent. There is a renewed focus on fostering a dynamic working culture and enhancing the economy by actively seeking skilled individuals globally. Striking a delicate balance between protecting local opportunities and embracing international talent, the Government is committed to creating a robust and competitive workforce, contributing to the nation’s growth and prosperity. Digital Nomad Visa In response to the prevailing trend of remote working, Anguilla is embracing digital nomad visas. The jurisdiction is increasingly open to attracting skilled remote workers. This initiative aligns with the evolving nature of work and facilitates the influx of diverse talents contributing to the growth and vibrancy of Anguilla’s workforce.

Understand how political shifts, conflicts, and international relations may impact mobility trends on both a global and local scale. Leverage technology to enhance the efficiency and adaptability of global mobility processes.

Nina Rodriguez Associate Webster LP

Brexit The United Kingdom’s withdrawal from the European Union has resulted in changes to immigration policies and regulations. These changes have implications for the mobility of individuals between the UK and EU member states, directly affecting Anguillian nationals due to Anguilla’s status as a British Overseas Territory. Q2 Climate concerns are increasingly becoming a decision-making factor in global migration – how is this impacting your jurisdiction? Climate concerns are increasingly becoming a pivotal factor in global migration, and this phenomenon is notably influencing our jurisdiction. While not tied to a single event, the impact

of climate change is emerging as a significant driver of migration. Factors such as rising sea levels, extreme weather events, and environmental degradation are compelling populations to seek safer living conditions. In the context of Anguilla, an island heavily dependent on marine resources, climate change presents a serious challenge for the fishing industry. Rising sea temperatures, ocean acidification, and extreme weather events disrupt fish habitats and diminish fish stocks, affecting the livelihoods of local communities dependent on fishing. As the traditional fisheries sector faces a decline, the economic strain and reduced opportunities may drive migration among these populations. This highlights the complex interplay between environmental changes and human mobility in the face of climate-

Residency by Investment Programmes:

related challenges.

Moreover, the increased risk of severe hurricanes in the summer

The Government of Anguilla has recently introduced two Residency by Investment Programmes: Residence for Tax Purposes and the Residence by Investment Programme for Permanent Residency. These initiatives are appealing to high-net- worth individuals seeking a tax-efficient residence or for those desiring relocation to a secluded, tropical paradise. The Residence-by-Investment Programme provides a mechanism to establish a second home in Anguilla as well as a pathway to British nationality. The Residence for Tax Purposes Programme serves as a tax planning solution for globally successful citizens, international investors, and entrepreneurs. In addition to offering one of the most attractive tax regimes, Anguilla is a regulated offshore jurisdiction with modern and flexible financial planning

adversely impacts Anguilla’s tourism sector, limiting its growth to the winter and spring. This has a significant effect on our economy, given that tourism is the main industry on the island of Anguilla. Q3 How is government policy influencing mobility in your jurisdiction – particularly in regard to employment relocation? Government policies play a pivotal role in influencing mobility in our jurisdiction. Several key initiatives highlight this influence:

Q1 How are global geopolitical events affecting mobility in your jurisdiction? AI Sector Development The development of ChatGPT and other technological advances has the potential to contribute significantly to global mobility and economic growth. In particular, the ownership of the “.ai” domain, in the context of Anguilla, can play a role in positioning the country as a hub for AI-related activities. The ownership of the “.ai” domain by Anguilla can serve as a unique identifier and brand for the country in the global AI landscape. This can attract attention to Anguilla as a player in the AI sector and may encourage the establishment of AI-related businesses and initiatives within the country.

Nina Rodriguez is an associate at Webster Legal in the Property and Private Client Departments. She completed the Legal Practice Course at BPP Law School in London with Distinction. She was admitted to the Roll of Solicitors of England and Wales in 2018 and was called to the Anguilla Bar in 2022. Specialising in real estate, she has a breadth of experience advising clients on the acquisition, disposal, leasing and development of commercial and residential property. Her practice also includes offshore private client and trust services. She is involved in the creation of trusts, estate planning and advising on general matters of trust law.

About us... websterlp.com Webster LP stands as a leading law firm in Anguilla and Nevis, distinguished by its global reach through esteemed associations worldwide and an unwavering commitment to delivering the highest standards of advice and service. The firm specialises in a comprehensive array of legal domains, including international commercial litigation, corporate and commercial law, real estate, estate planning, governmental and constitutional affairs, intellectual property, and offshore finance and also provides registered office facilities through its affiliate Registered Agent. Webster LP provides cross-border advice to Anguillian, Nevisian and international clients. Its approach to problem-solving and strategic

planning is marked by creativity, ensuring that its services are crafted to meet the unique needs of each client, regardless of the nature of their matter or transaction. As the exclusive Anguillian member firm of prestigious global networks, such as Lex Mundi, the State Capital Group, IsFin, World Services Group, and the MSI Global Alliance, Webster LP recognises and deeply appreciates the value of cross-border cooperation between professional service firms. Webster LP is uniquely qualified to assess the political and constitutional forces that may impact its clients’ commercial activities in Anguilla. The firm is dedicated to safeguarding clients’ interests and providing unparalleled legal expertise.

COVID-19 Pandemic The COVID-19 pandemic had a

profound impact on global mobility. Travel restrictions, lockdowns, and health protocols significantly disrupted international travel and migration patterns. As the world gradually recovers from the pandemic’s effects, there is a resurgence of enthusiasm for travel. People are embracing a renewed sense of wanderlust, eager to explore and experience new destinations. This surge in travel excitement signals a positive rebound for Anguilla’s tourism industry.

+1 264 497 2060 nrodriguez@Websterlawbwi.com websterlp.com/people/nina-rodriguez

80 | irglobal

irglobal | 81

Made with FlippingBook flipbook maker