St. Maarten’s 3 Top Reasons For Moving
Sint Maarten is a good place to start a business, work, or retire if you are a US citizen. To help you and your family relocate safely to the English-speaking Caribbean, BrightPath offers objective advice, reliable immigration and relocation services.
Here are some important factors that make Sint Maarten an attractive relocation destination for Americans:
In accordance with paragraph 1 of article 3 of the Treaty of Friendship. According to the National Ordinance on Admissions and Expulsions of Sint Maarten, Dutch citizens born outside of the island (or the former Netherlands Antilles) can only be admitted legally if they possess a Certificate of Conduct and sufficient housing and financial resources to support themselves.
What does this mean? It’s important to prove that you don’t have a criminal background and that you have sufficient verifiable funds to qualify for BrightPath.
Can US citizens benefit from this? Dutch citizens born in Sint Maarten and/or the Former Netherlands Antilles have the same rights as US citizens born outside of those islands—in accordance with the Dutch-American Friendship Treaty.
Does your status as a US passport holder change when you obtain residency? This isn’t the case. While keeping your US passport, you can live, work, retire, and even start a business on Sint Maarten.
2) Sint Maarten does not have property taxes. So, when you purchase real estate here, you don’t have to worry about paying property taxes. Property taxes will not be due on this property. Additionally, capital gains are not taxed, nor are goods or services taxed. All of your personal belongings can be imported for free since there are no custom duties on imported goods.
In Sint Maarten’s banking and real estate sectors, property values have held steady and, in some cases, even appreciated over time. Dutch Antillean Florin (NAf) transactions are widely conducted in US currency, even though US bank accounts are not regulated. Banking on the island is still supported by internationally recognized banks, and little to no change is expected in the near future.