Global Property Guide

Financial Information for the Residential Property Buyer

Land for sale

Full Description

Bonaire, Netherlands Antilles

Bonaire is to become an overseas province of the Netherlands by 2011. The economy will blossom as many Europeans especially Dutch will have great access to Bonaire for vacations, investment, retirement and entrepreneurship. Netherlands Parliament has approved a 1 Billion Euro infrastructure development plan over the next 10 years. Netherlands government project that Bonaire will become the premiere destination within the Dutch Caribbean within the next 5-10 years.

Land Transfer Taxes/ Incentive Taxes

There will be no transfer tax to be paid to the government for the purchase of this property. Also, no notary fees. The property is owned by an offshore company registered in Panama. The sale of the company owns the property as the holder of the Shares will own the Company. This makes it very interesting indeed for any developer because it also gives him a tax shelter in an offshore company. The Government is also revising the tax system where there will be a moratorium on profit tax and they will introduce various incentives to encourage development of projects during the coming 5 years. They have also design a flat tax to replace the sales and income tax

Bonaire, Netherlands Antilles

Bonaire is to become an overseas province of the Netherlands by 2011. The economy will blossom as many Europeans especially Dutch will have great access to Bonaire for vacations, investment, retirement and entrepreneurship. Netherlands Parliament has approved a 1 Billion Euro infrastructure development plan over the next 10 years. Netherlands government project that Bonaire will become the premiere destination within the Dutch Caribbean within the next 5-10 years.

Land Transfer Taxes/ Incentive Taxes

There will be no transfer tax to be paid to the government for the purchase of this property. Also, no notary fees. The property is owned by an offshore company registered in Panama. The sale of the company owns the property as the holder of the Shares will own the Company. This makes it very interesting indeed for any developer because it also gives him a tax shelter in an offshore company. The Government is also revising the tax system where there will be a moratorium on profit tax and they will introduce various incentives to encourage development of projects during the coming 5 years. They have also design a flat tax to replace the sales and income tax

Key Information

Property ID: 4391397
Location: Netherlands Antilles
Categories:
  • Land for sale
  • Land for sale
Bedrooms: 0
Bathrooms: 0
Price:
  • £1,362,427
  • €1,517,260
  • $1,850,000
Short Description:

Bonaire, Netherlands AntillesBonaire is to become an overseas province of the Netherlands by 2011. The economy will blossom as many Europeans especially Dutch will have great access to Bonaire for vacations, investment, retirement and entrepreneurship. Ne