tag:blogger.com,1999:blog-37949944.post6898678420463665865..comments2023-05-05T07:13:41.889-04:00Comments on Corruption-free Anguilla: Beach DevelopmentUnknownnoreply@blogger.comBlogger7125tag:blogger.com,1999:blog-37949944.post-61188006449778171072008-04-02T16:32:00.000-04:002008-04-02T16:32:00.000-04:00Section 9 of the Aliens Landholding Regulation Act...Section 9 of the Aliens Landholding Regulation Act makes it an offence for an Anguillian to hold land in trust for an alien.<BR/><BR/>The same section makes it a summary offence triable by the Magistrate. The fine is EC$1,250.00 or three months imprisonment.<BR/><BR/>Section 3 says that any land held in trust for an alien is liable to forfeiture by the government.<BR/><BR/>What the Act does not do is to make it an offence to hold “any interest in land” in trust for an alien. What some lawyers have done is to advise that a trust of the shares in a company that owns land is not caught. So, they persuade the foreigner to form one or more companies to buy land in Anguilla without a licence. The lawyer or his secretaries hold the shares and directorship in trust for the alien. <BR/><BR/>This is a loophole that some lawyers have in vain been asking government to block for many years. It is a simple drafting thing to do.<BR/><BR/>When a lawyer used this loophole in St Vincent for a wealthy foreign client some years ago, the government found they could not prosecute the lawyer or the client. Nor could they forfeit the land. What they did was to declare the alien a prohibited immigrant. They commenced steps to acquire the land. The foreigner could not come back to St Vincent. He never got back his money. <BR/><BR/>This trick does not happen in St Vincent any longer.<BR/><BR/>How come we in Anguilla so seldom learn from the mistakes of others?<BR/><BR/>IDMidmitchhttps://www.blogger.com/profile/08966173951425644722noreply@blogger.comtag:blogger.com,1999:blog-37949944.post-87581158356510331252008-04-02T15:27:00.000-04:002008-04-02T15:27:00.000-04:00Repeat after me:"It's not my land." Say that to yo...Repeat after me:<BR/><BR/>"It's not my land." <BR/><BR/>Say that to yourself three times, and maybe you'll get the hint.<BR/><BR/>As Freidrich Hayek said once, "Externalities are the last refuge of the dirigistes." <BR/><BR/>(As for the definition of "externalities" and "dirigistes", Wikipedia is your friend. I'd start at 'dirigisme", myself, but that's just me...)<BR/><BR/>Finally, as to whether or not to start "Bob's Bush Bar and Machine Gun Range" next to your neighbors in, say, the big blank spot on the map off of Mango Garden Road (just down the hill from that quiet, off-the-grid ashram at bottom of, heh, the back side, of White Hill...), see "covenants", above.<BR/><BR/>Meanwhile, the current equivalent of someone who needs to recite the third paragraph above is a certain brand-new -- or at least freshly-relocated -- beach bar at the end of Sandy Ground. It seems that an abutter just bought (leased?) a "villa" on some of the best bar-building real estate in the known universe and is complaining about the noise. <BR/><BR/>Meanwhile, I repeat: <BR/><BR/>Zoning is Evil. <BR/><BR/>Better Spain and Bulgaria than Cuba and North Korea, while we're talking about "progressive", not to mention "pristine", giant blank spots on the "lights out" map of the globe.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-37949944.post-13606098508363604582008-04-02T13:27:00.000-04:002008-04-02T13:27:00.000-04:00Mr. Mitchell, are you saying that Anguiullians hol...Mr. Mitchell, are you saying that Anguiullians holding shares in trust, as you put it, for foreigners is a a crime? So the people and companies who are in the business of providing company management services,like you used to with the boards on your office building walls with thousands of offshore companies, are committing illegal acts??Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-37949944.post-5398492266130175992008-04-01T19:33:00.000-04:002008-04-01T19:33:00.000-04:00catch 22. land rights vs. land use. i would love t...catch 22. land rights vs. land use. i would love to open a reggae bar in my purely residential island neighborhood, because it would be a blast; and to piss off my florida white trash neighbors (i'm white also). however, peace is tenable, and i would prefer to adjudicate a reasonable resolution as "friends", rather than create a battle zone over my wants. - scottyAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-37949944.post-11305231484093743062008-04-01T14:36:00.000-04:002008-04-01T14:36:00.000-04:00Anonymous if you'd seen the ruination of some of E...Anonymous if you'd seen the ruination of some of Europe's loveliest coastline by overdevelopment (e.g. Spain & Bulgaria) you'd take a different view. Unless of course you just don't care as long as you get what you want.HuwThttps://www.blogger.com/profile/02579881638588891072noreply@blogger.comtag:blogger.com,1999:blog-37949944.post-15534618172707120372008-04-01T10:23:00.000-04:002008-04-01T10:23:00.000-04:00I will be the first to acknowledge that this is a ...I will be the first to acknowledge that this is a fair and balance post.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-37949944.post-36767728275114912212008-04-01T09:59:00.000-04:002008-04-01T09:59:00.000-04:00Zoning is evil.Houston, Texas, for instance, has n...Zoning is evil.<BR/><BR/>Houston, Texas, for instance, has no zoning laws whatsoever. Private covenants between property owners, certainly, but no zoning at all.<BR/><BR/>You don't see Houston falling into the sea, or rotting in its own, heh, development. Far from it. Houston is not only one of the fastest growing towns in the world, it is also rated one of the greatest places to live in the United States. This in a climate with 100F temperatures, 100% humidity, and blue skies in the summer (you have to mow your lawn twice a week just to keep up with it) -- not to mention hurricanes :-) -- and built on a former pestilential swamp, to boot.<BR/><BR/>One of the nice things about Anguilla is its freedom, on paper if not in actual practice, from the encumberance of hyper-regulation that has destroyed large swathes of the formerly-developed Western world. Detroit has extensive zoning. It is a wasteland. Michigan is one of the most highly regulated states in the US, for the most part, is the only state in the that country that had a recession while the rest of the economy was booming. Before Thatcher, it was impossible to build anything in London, which was going the way of Detroit. New York, before Guiliani, was in the same shape and de-regulation turned it around. And the canonical example, Shanghai, is almost completely deregulated, no mater what draconian laws the communists still have on their books, and it is positively exploding with new wealth, created literally ex nihilo, in the space of a couple of decades.<BR/><BR/>The pendulum is swinging the other way in the rest of the world, particularly the US, with, I predict, the inevitable disastrous consequences in the long run, but that's no excuse for Anguilians to abolish property rights here as well just because the rest of the world is going to go to hell in a hand-basket. :-)<BR/><BR/>People should build what they want on their own land. When people build a factory in a neighborhood, if you want to pick the "worst" possible example, they do it for an economic reason. The abutters to the new "industrial blight", strangely enough, *make* money in the long run, because industrial land is worth significantly more than residential land. Before the implicit confiscation of zoning laws became ubiquitous, this is how industry developed in places like Chicago, and New York, and London. Chicago, for instance, completely burnt to the ground and was rebuilt in less than a decade. San Francisco the same. Not to London itself. Over regulation almost killed all three<BR/><BR/>Is Anguilla going to turn into a mega-city and slink into the ocean of its own weight if it has no zoning? Of course not. There are few natural trade routes (rivers, large natural harbors, mountain passes, straits, whatever) running through this part of the Caribbean. <BR/><BR/>Though It is nice to think that Anguillians are such competent, strong, determined people that if they completely de-regulated trade, they would, like the China traders of early 19th century Massachusetts, or, horrors, the empire-era British, make The Rock a capitalist paradise, and take over the world. :-). <BR/><BR/>Whatever happens, though, Anguillians should understand that the easiest ways to make their life easier, financially, and otherwise, is to *not* pass so many laws that, eventually, *everyone* is a criminal. Especially laws about what people do with their own land and other property. That way penury lies.Anonymousnoreply@blogger.com