Can foreigners buy property in St Maarten?
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. Buyers are protected under French law and Dutch law in St.
Can a US citizen live in St Maarten?
Sint Maarten is a duty-free port. Sint Maarten operated under the European system for title. According to the American-Dutch Friendship treaty of 1956, US citizens do not need a work permit while living on the island. If they want to stay longer than 6 months, they should apply for a Declaration of Admission by Law.
Is it cheaper to live in St Maarten?
Cost of living in Sint Maarten is, on average, 19.30% higher than in United States. Rent in Sint Maarten is, on average, 16.58% lower than in United States.
Are there 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.
Is St. Maarten a good investment?
St Maarten’s economy has remained stable for a decade! Loyal over-night tourism leads to great return on property investment via AirBnB. Confirmed by every study that St Maarten and Barbados will see the highest growth in Caribbean real estate. Your property will increase by 30% in value over 5 years!
Is St. Maarten tax free?
St. Maarten/St. Martin is a Duty Free tax haven! Enjoy it while it last when on vacation and do make good use of it when shopping.
Is it expensive to live in St. Martin?
The cost of living on the island of St. Maarten is relatively high. The average expense for one person to live on the island of Saint Martin is $1500 per month, excluding rent. In Saint Martin, $1500 per month would cover costs such as food, shopping costs, utilities, entertainment costs, and other personal care costs.
Is Saint Martin a good place to retire?
For retirees, Sint Maarten is a great location to settle in. The current retirement age is 60 years of age. However, if you have savings (in the bank) of minimum USD 255,000.00 and would like to retire on the island, a Pensioner’s permit may be a viable option for you.
Can a US citizen buy property in St Martin?
Yes, foreigners can buy property in St Maarten / St Martin and the island welcomes investment from overseas buyers. There are no restrictions on foreign buyers acquiring real estate in St Maarten / St Martin.
Can Americans buy property in Sint Maarten?
How long can a US citizen stay in St. Maarten?
six months
U.S. citizens are allowed to stay in Sint Maarten for a maximum of six months with the possibility to extend.
How much does it cost to live in St. Martin?
How do I move to St. Martin?
In order to move to the Dutch side of the island long-term, you must first obtain a residence permit through Sint Maarten’s Immigration and Border Protection Service….Sint Maarten Required Documents
- Passport.
- Birth certificate.
- Marriage or divorce certificate.
- Adoption records, if applicable.
- Police record.