St Maarten Permanent Residency 2021

St Maarten Covid Restrictions 2021

St Maarten Permanent Residency How many nationalities can get the St Maarten Permanent Residency quickly? St Maarten takes immense pleasure to tell the world that it is home to over 100 different nationalities. We may be the most diverse country in the Caribbean! The country is a part of the Kingdom of the Netherlands, located on the southern part of the Caribbean island shared with neighboring French Saint Martin. As you know, the Netherlands is a member of the European Union, so EU citizens will not need to worry about obtaining St Maarten permanent residency permits and visas to migrate to St Maarten. Moreover, bilateral relations of the country with the U.S. allow the citizens of the United States / Americans to invest, visit, live, and work, without the need to apply for residence and working permits. People from the developed and semi-developed countries, such as Canada, the United States, Europe, the Caribbean, and South America, visit the island for various purposes, like tourism and vacation adventures. Some people love the place so much that when they retire, they settle on the island. March 2021 Update: Common Questions by Quick Message. Can I live on the French side after I […]

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Fourteen Mullet Towers Construction Update 2020

St Maarten Covid Restrictions 2021

Fourteen Mullet Towers Construction Update 2020 Focusing on the on-going construction of the 21-storey (tallest!) Fourteen Mullet Bay Towers in Cupecoy; luxury condos with ocean views everywhere. Key feature being: you will find it difficult hiding from the ocean!! I live in the area, and drive-by multiple times a day, I can assure you this is a professional operation! Well managed and never any problems! Which is surprising to say for any construction site in Sint Maarten. So this is a great compliment to the background planning and on-going management. They have also currently started excavation on the foundation for Tower B. Moving quite fast, to be honest, and meeting projections! Even though the Tower names are a little ‘cheesy’ with names like A and B; the completed residences are going to be a class above the rest. And one of the marvels of this construction project is that when complete, Fourteen at Mullet Bay will be the tallest building in Sint Maarten. The views from higher floors are going to be ‘mad!”. I can’t wait for the parties!!! One of the things I wonder most is what are the views like from the Fourteen Towers penthouse? I mean its […]

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Indigo Bay Villas – Should I Buy?

St Maarten Covid Restrictions 2021

I was there at the birth of Indigo Bay Villas. I was there when it took its first steps. I saw it grow. I saw it fall. I was there to help it up. Indigo Bay is a personal love affair. You may think I am crazy, but Indigo Bay is close to me. I have spent twenty years of my life working on it. I know its dark secrets; I know why you should and shouldn’t buy there. My honest review: It is the only well planned residential villa estate in Sint Maarten. The location, the security, the ocean views, landscape and the beach, there is nothing that comes in such a perfect package as Indigo Bay! Indigo Bay Villas are designated as single-family homes only. This keeps the estate from being overdeveloped and there are also height restrictions to ensure everyone has an unobstructed view. Once you have seen other properties in Sint Maarten, Indigo Bay sells itself. There is no comparison in terms of location! Indigo Bay Long Lease One issue that everyone brings up is the private lease. Indigo Bay is private lease land. In Sint Maarten all beachfront land or estates are sold under Government […]

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Saint Martin or Sint Maarten: Where do I buy my property?

St Maarten Covid Restrictions 2021

Here on the island, we don’t think of our home as two different countries. We are one island! Created as one, always be one. However, the reality is that we are two separate nations, two separate legal systems. And it has with time become a unique feature of this little Caribbean island in the Lesser Antilles belt. Saint Martin, French Side: Lovingly called the French side, it is the larger of the two islands. You find a lot more natural beauty, peace and tranquillity. However a lot of the French stay on the Dutch side for the convenience of amenities, infrastructure, business and nightlife. I am always surprised how much of the Dutch Sint Maarten is owned by the French! But there are reasons for this! Buying real estate on French St Martin comes with higher costs and taxes. It’s like buying a property in France, the same stringent laws! Cost and problems of buying in St Martin (French side): Around in 10% transfer fees; which includes Notary fees and taxes. Land and Property tax! Capital Gains Tax at 33.5%. Offshore companies have restrictions. Limited planning time. Penalties if you don’t build in a certain timeframe. Very strict building regulations […]

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Sint Maarten Real Estate Market After Covid19

St Maarten Covid Restrictions 2021

I have to admit when we hit lockdown around mid-March 2020, like everyone else, we were scared for our futures. We returned back to work a little over four months ago and it has been phenomenal, with both good and bad experiences! A disruption in the mindsets of owners has led to opportunities for buyers. However, with Sint Maarten being a strong real estate economy, most owners are comfortable waiting out the ‘buyers market’ for one more year. They know today we struggle, but tomorrow we will be back, mainly because there are no nearby islands that can fill the economic void. Sint Maarten has no competition! Sint Maarten Home Sales: The questions that we commonly hear. Have you sold any properties? Are there buyers? The answer is an emphatic YES! The luxury real estate market has not returned, but the mid to low market is on fire. Homes below $500,000 are selling fast and not seeing much movement in price. If you know you are well priced, then we will definitely sell! Some owners are pricing their homes much higher than market value to brace themselves for a low offer, however it seems the initial price is deterring buyers […]

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Video tour

St Maarten Covid Restrictions 2021

The Consumer Financial Protection Bureau announced on Wednesday a proposal to delay the effective date of the TILA-RESPA Integrated Disclosure rule until Oct. 1.

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Real Estate Roundup!

St Maarten Covid Restrictions 2021

May new home sales gain 2.2% from April Sales of new single-family houses in May 2015 were at a seasonally adjusted annual rate of 546,000, which is up 2.2% from April, according to estimates released jointly today by the U.S. Census Bureau and the Department of Housing and Urban Development. — From Housing Wire 3 ways to tame student loan debt and afford a mortgage It’s no secret that student loans can make buying a home a challenge. But what exactly is the problem, and how can buyers overcome it? The problem is that student loans can be included in the buyer’s debt-to-income ratio, or DTI. — From Bankrate

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