The Government of Anguilla is exploring plans to secure the island’s financial future through the creation of a sovereign wealth fund.
The planned investment vehicle, expected to be supported mainly through .ai domain registrations, is intended to strengthen long-term economic stability while safeguarding resources.
Speaking during a government press conference on 8 December, Premier Cora Richardson Hodge said she engaged in several discussions on the topic in the United Kingdom last week.
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The premier, who attended the Joint Ministerial Council in London with other Anguilla representatives, held talks with two entities in Canada and the UK with established funds, as well as with a private bank.
She explained that the aim of the fund is to provide for future generations while also ensuring sustainability and a financial safety net in the event of hurricanes or other natural disasters.
“This is just at the beginning, but certainly we’ll come back to the public as we continue to have discussions, and once we decide how best we’re going to be able to move forward,” she said.
The premier first announced plans to set up a sovereign wealth fund in her 2026 Budget address, presented to the Anguilla House of Assembly on 11 November.
She described it as a “long-term investment vehicle to secure and grow national assets for future generations” and said technical assistance for its design and implementation has been confirmed.
Supporting the fund will be .ai, which is continuing its rapid growth, with the number of registered domains expected to surpass one million in the first quarter of 2026.
In November, information technology minister José Vanterpool said EC$21.57 million had been collected from sales during October – bringing the year to date total to $189.58 million.
This far surpassed 2024’s year end total of $104.25 million by more than $85 million, and more than doubled 2023’s total of $86.83 million.
