Anguilla News covers Anguilla
 |
|
Anguilla News
Bridging
Gaps & Expanding Horizons. |
|
|
|
|
|
Anguilla News covers Anguilla and the wider
Caribbean.
|
|
|
|
|
|
|
|
|
|
|
|
x |
|
|
|
Alien Land
Hold Licences Moratorium Extended |
July 18, 2007: The Government of Anguilla has
extended the moratorium on the issuing of Alien Land Holding
Licences for another two months as from June 29th.
The Moratorium has been put in place to provide the
Government to develop a policy on the alienation of land.
According to the Chief Minister’s Office, which has
responsibility for lands, a draft policy has been prepared,
and the views of all stakeholders are to be submitted to a
Review Committee. |
Advertisement - Article continues
below
|
The Executive Council has noted the recommendations
presented in the draft policy paper and agreed that the
paper should be further discussed.
The extension means that the Government, with immediate
effect, as approved by the Governor in Council, has
suspended acceptance of any new application for the purchase
of undeveloped lots of land to build stand alone
residential, vacation and/or retirement homes or small scale
hotel and villa projects not previously approved, as well as
the purchase of undeveloped land for other proposed business
ventures.
Also affected are the purchase of existing vacation and/or
retirement homes/villas or small scale hotel and villa
projects, or other existing properties or businesses not
previously alienated.
The current two month suspension also applies to
applications for medium and large scale hotel and vacation
real estate projects, new or existing, and to applications
for the purchase of real estate other than tourism, hotel
and vacation residential properties.
The suspension period for the acceptance and processing of
applications does not apply to parcels of land sold or
leased that have been agreed and approved for development to
the sale of condominiums that have been already agreed as
part of projects or have already been alienated.
Notwithstanding the two month suspension, the Government of
Anguilla reserves the right to consider any application for
an Alien Land Holding Licence as the particular
circumstances of the case may merit or as the Governor in
Council may otherwise consider. |
|
Anguilla Business Quick Links
|
