Can foreigners buy property in St Maarten?

Can foreigners buy property in St Maarten?

A. Residential and commercial properties are available to foreigners on both French and Dutch sides of St Martin Island. You do not have to be residents to purchase and to own. Investors may also take the option to purchase land for future development.

Can a US citizen buy property in St Maarten?

Buying Process, Fees & Taxes Yes, foreigners can buy property in St Maarten / St Martin and the island welcomes investment from overseas buyers. Unlike in other destinations in the Caribbean, non-Citizens do not require a license or permit to purchase property on the island.

Do you pay property taxes in St Maarten?

Anyone can own property on St. Maarten. Furthermore, there are no annual property taxes, no personal capital gains taxes and St. Maarten is a duty free port making the owning of real estate here all the more appealing.

Can a US citizen live in St. Maarten?

Americans can quite simply live and/or work in Sint Maarten, and all of the Dutch Caribbean, under the Dutch American Friendship Treaty of 1956 (DAFT).

Is St. Maarten tax free?

The island is home to some of the most prestige jewelry stores in the world. And best of all, you shop TAX-FREE in Dutch SXM, which saves you up to 30%! Another tip when visiting from the USA which can make back your vacation money: buy over-the-counter medicine on Dutch Sint Maarten!

Is Sint Maarten tax free?

Maarten resident are taxable. Non-residents owning real estate on St. Maarten company are not subject to St. Maarten estate and gift taxes.

Is Sint Maarten a good place to live?

Sint Maarten is one of the safest islands you can live on. Many of the locals work in the tourism industry and the popularity of the island has afforded them middle class lifestyles. This prosperity has done a lot for the mindset of the people that live on the island.