The word Anguilla means “eel”, in various Romance languages, likely derived from the islands long shape. The tropical island’s terrain is coral and limestone.
The island exhibits 61 kilometers of coastline and the entire size of the island of Anguilla is about 96 square kilometers or 30 square miles which equates to about half the size of Washington D.C.
Anguilla currently has a population of an estimated 15,000 islanders and is one of the few remaining Caribbean islands that has retained the charm of a simplified island life rather than fast paced consumerism.
The economy on the island is growing. Increased activity in the tourism industry has spurred the growth of the construction sector contributing to economic growth on the island. The official currency used in Anguilla is the Euro.
The Island of Anguilla is in the Caribbean situated east of Puerto Rico and the US Virgin Islands between the Caribbean Sea and the North Atlantic Ocean. It is the most northern island of the Leeward Islands in the Lessor Antilles. Amerindians from South America discovered the island thousands of years before European explorers. The island was largely uninhabited when Europeans discovered the island in the 15 th century and was later colonized by English settlers in 1650. Anguilla became self-governing in 1971 when the island successfully succeeded from its British rule but remains an independent overseas British territory.
Anguilla, island in the eastern Caribbean Sea
It is the most northerly of the Leeward Islands in the Lesser Antilles and lies about 12 miles (19 km) north of the island of Saint Martin and 60 miles (100 km) northwest of Saint Kitts. The Valley is the principal town and the administrative centre of the island. Noted for its easygoing atmosphere and magnificent beaches and waters, Anguilla is a popular tourist destination. Area 35 square miles (91 square km). Pop. (2006 est.) 14,254.
The island has a strong banking system with four main domestic banks, two of which are the backbone of the economy of Anguilla:
Anguilla National Bank
Anguilla National Bank and the Caribbean Commercial Bank. The other two well established banks are international the First Caribbean International Bank and Bank Scotty.
Island’s Financial Structure
The island’s financial structure has maintained a stable exchange rate and their banks continue to be utilized for offshore financial services also contributing to a strong banking system.
Anguilla Treasures Caribbean Sea
Anguilla treasures its warm seaside shoreline boasting private beaches to luxury villas, resorts and wellness centers on the island. Some of the top resorts include Cap Juluca, a Belmond Hotel, Malliouhana, Auberge Resorts Collection, Zemi Beach House, LXR Hotels and Resorts and The Four Season Resort and Residences. The Island of Anguilla is filled with amazing sights from an abundance of limestone caves, historic plantation houses to palm trees and tranquil white sand beaches on a beautiful blue and green coastline with clear turquoise water.