Main Content

Taxes in SXM

Taxes in SXM

Taxes

Taxes in SXM

Sint Maarten

There are 3 main taxes in St Maarten.

1. Wage tax
2. Turnover tax
3. Profit tax
4. Real estate tax (not currently enforced)

Capital gains tax does not apply to individuals.
To avoid the capital gain tax you need to buy real estate in your name.
It is possible to buy real estate with a company, for example an LLC from USA.
However, you will have to pay the profit tax when you sell.
There are other ways to title your property.
A Private Fund Foundations is an example.
This entity can be established by the Sint Maarten Notary,
The cost is approximately $ 1500 to $ 2000 USD.
Another way to buy property is with an NV (company).
This is a resident’s company that can also be established by the notary in SXM.

Saint Martin

On the French side, there is property tax and capital gain tax totaling approximately 34%.
Property tax is reasonable.
For example, for a villa in the French Lowlands with a plot of land of 2,5 acres and 2 houses, you could pay $5000 to $6000 per year.
Capital gains tax is not applicable if the property is your primary residence.
Typically, Americans, Canadians and European buyers, purchase properties in St Martin.
French companies like SCI ( Societe’ Commercial Immobilier) are used for this purpose.
This company can be established by your Notary, Lawyer or Accountant on the French side of the island.
Fiducial French Accountants
French Saint Martin real estate laws are a little bit different from the Dutch side.
The French notary or a lawyer can help you choose the best way to title your property.
This will be based on tax status in your country of origin.

Blog Post

Apr 27 2024
Feb 19 2024
Dec 06 2023
Nov 20 2023
Nov 18 2023
How to buy real estate in St. Maarten – St Martin

How to buy Real Estate in St. Maarten SXM * St. Martin F.W.I.
Buying Real Estate in St. Maarten St Martin  SXM  it's easy and safe.

We at SMI work with the  main Notaries on the Dutch and French side of the island.

There are no restrictions for foreigners  to invest in our island.

All you need is your passport and the funds.

Call us today + 1 631 415 5783 or email us info

... + Read More
The notary in Sint Maarten Country SXM

The notary in Sint Maarten and their role.

Notaries occupy a special place in the world of legal professionals in the Dutch Kingdom, alongside attorneys-at-law (advocaten),

bailiffs (deurwaarders) and tax advisors (belastingconsulenten).

This is apparent first and foremost from the way in which a notary i

... + Read More
Build your own home in Sint Martin Saint Martin SXM

Building your own home in Sint Maarten Saint Martin.
For sure building a home is not an easy task, anywhere, 
especially if you are not going to be present,
however this is not an  impossible task.

First of all you n

... + Read More
Pelican Heights Amazing Views

Pelican Heights modern Hillside project with breathtaking views.
SMI your real estate expert since 1993 in St Maarten St Martin FWI

This new modern project sits on the hillside of Pelican ( Simpson Bay Corner)

overlooking the entire island St Martin French and Dutch side.

Modern turn Key condos 2 and 3 bedroom available  in April 2024

Elevator, covered parking, amazing views

... + Read More
Cupecoy Real Estate SXM

Magnificent 2 Bedroom 3 baths beachfront Cupecoy direct beach access.

Turn Key large pool with Bar, GYM, 24 Hours security.

Adjacent to Mullet Bay Beach walking distance to Bar restaurant Casinos.

Only 2 minutes from Maho the   heart of the island, 5 minutes from Juliana International Airport .

ideal investment call us today + 1 721 587 0247

SMI your real estate brokers in St Mart

... + Read More
Prev Next
Apr 27 2024
Feb 19 2024
Dec 06 2023
Nov 20 2023
Nov 18 2023
How to buy real estate in St. Maarten – St Martin

How to buy Real Estate in St. Maarten SXM * St. Martin F.W.I.
Buying Real Estate in St. Maarten St Martin  SXM  it's easy and safe.

We at SMI work with the  main Notaries on the Dutch and French side of the island.

There are no restrictions for foreigners  to invest in our island.

All you need is your passport and the funds.

Call us today + 1 631 415 5783 or email us info

... + Read More
The notary in Sint Maarten Country SXM

The notary in Sint Maarten and their role.

Notaries occupy a special place in the world of legal professionals in the Dutch Kingdom, alongside attorneys-at-law (advocaten),

bailiffs (deurwaarders) and tax advisors (belastingconsulenten).

This is apparent first and foremost from the way in which a notary i

... + Read More
Build your own home in Sint Martin Saint Martin SXM

Building your own home in Sint Maarten Saint Martin.
For sure building a home is not an easy task, anywhere, 
especially if you are not going to be present,
however this is not an  impossible task.

First of all you n

... + Read More
Pelican Heights Amazing Views

Pelican Heights modern Hillside project with breathtaking views.
SMI your real estate expert since 1993 in St Maarten St Martin FWI

This new modern project sits on the hillside of Pelican ( Simpson Bay Corner)

overlooking the entire island St Martin French and Dutch side.

Modern turn Key condos 2 and 3 bedroom available  in April 2024

Elevator, covered parking, amazing views

... + Read More
Cupecoy Real Estate SXM

Magnificent 2 Bedroom 3 baths beachfront Cupecoy direct beach access.

Turn Key large pool with Bar, GYM, 24 Hours security.

Adjacent to Mullet Bay Beach walking distance to Bar restaurant Casinos.

Only 2 minutes from Maho the   heart of the island, 5 minutes from Juliana International Airport .

ideal investment call us today + 1 721 587 0247

SMI your real estate brokers in St Mart

... + Read More
Prev Next

SMI Properties Listing Notifier

Be the first to know when a new listing hits the market and get price updates for listings. Fill in the fields below to receive them in your inbox.