MEDFEST! Come Celebrate Anguilla Life!

Anguilla People (AXA PYPL) is holding an outdoor family festival on November 25-26 at J.R. Webster’s Park.  Called MEDFEST, the goal is to raise funds for the Princess Alexandra Hospital.

Fundraising for the hospital is AXA PYPL’s main mandate.  A non-profit organization, AXA PYPL is dedicated exclusively to helping the hospital financially.

So join the music and fun!  Celebrate life (including Anguillian long life  — we have one of the top 20 life expectancies among all countries in the world, according to Enjoy the music of such bands as ALHCS Steel Pan Orchestra, King Gossip, Hotshot, Anguilla Time String Band and a whole bunch more!

Celebrate at MEDFEST! 100% of profits generated goes to one of the best causes possible, our hospital!

Temenos Anguilla Hotel and Resort Back Up For Sale

The Wall Street Journal reports that Mr. Leandro Rizzuto, owner of CuisinArt Resort & Spa here on Anguilla, is selling Temenos Hotel and Resort for $24 million.

Temenos Golf Club
Temenos Golf Club

He had bought the complex and the golf course for $15 million in June.  If he does manage to sell the resort and real estate for $24 million, he effectively gets the golf course (which cost $50 million to make) for free and makes a profit of $9 million.

This Anguilla golf course is sensational and it is adjacent to the luxurious CuisinArt Hotel, a strong and free addition to the resort.

The remaining 32 acres and unfinished hotel and villas would need another $95 million to complete. It also comes with legal problems from villa purchasers who have put down millions in deposits (which have apparently been spent by the previous developer).

Details at the Wall Street Journal.

Interim Stabilisation Levy Amended Effective August 1, 2011

The Government of Anguilla Inland Revenue Department has issued a press release, dated August 18, 2011, announcing an amendment to the Interim Stabilisation Levy. This change, passed during Carnival Week, is effective as of August 1, 2011.

The change is announced as follows…

[Read more…]