TL;DR Yes, a crypto real estate purchase is possible in Sint Maarten, and a growing number of sellers will consider Bitcoin or stablecoins. In practice, most deals still close in US dollars: the crypto is converted to fiat through a licensed exchange or escrow before the notary records the transfer. Expect full KYC and anti-money-laundering...
TL;DR Yes, you can get a Sint Maarten mortgage, even as a foreign buyer, through local banks such as Windward Islands Bank, RBC Royal Bank, and Republic Bank. Plan for down payments of 20 to 30 percent for residents and 30 to 50 percent for non-residents, interest rates roughly in the 6 to 8 percent...
TL;DR A smart currency exchange real estate strategy can save Sint Maarten buyers thousands on a single purchase. The Dutch side prices most property in US dollars, which simplifies things for American buyers, while Canadian and European buyers face exchange-rate swings that can move a purchase price by 5 to 10 percent. The key moves:...
TL;DR A wire transfer property purchase in Sint Maarten runs through a civil-law notary, who holds your funds in an escrow account until title legally transfers. You wire the deposit and the balance to that notary account, not to a seller or agent. Budget for bank fees of $25 to $75 per wire plus currency...
Sacha helps another happy client purchase on our lovely island of Sint Maarten / St. martin / SXM. This episode premiered on August 9th 2020, but can be watched right here by clicking this video:
In 2017 we were on a track for what was a record year in real estate on the island, however it was cut short just before high season by Hurricane Irma on Sept. 6th, 2017. That had been almost 10 years since the last boom market on our island of Sint Maarten. The island recovered...
It has been over 5 years since we acted on our dream of owning in the Caribbean. The dream itself started many years ago and the dream and desire kept getting stronger with every Canadian winter that passed. Linda and I were born and raised on the Saskatchewan and Manitoba prairies. We thought 10 feet...
Here is a great article about cautions and advice when buying in the Caribbean. Is it your dream to own a piece of paradise? A lot of people do, and only a small percentage of people actually end up in their dream home. Buying a home in the Caribbean differs from what you might be...
Everyone wants to know where the market will go. Who has the crystal ball? I believe that history, trends and global influences are our crystal ball. And all indications are we are headed to a balanced market and possibly an incredibly active one…. soon. Investor confidence is back without question. You can ask any qualified...
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