Yes, foreigners can buy property on Bonaire without restrictions. There are no residency requirements to own real estate.

No, you don’t need to be a resident to purchase property. However, living permanently on Bonaire requires a residence permit.

The official currency is the US dollar (USD), and all property transactions are conducted in USD.

Yes, there is a property tax (vastgoedbelasting) for non-residents and certain ownership structures, but rates are generally lower than in many countries.

Yes, all property transfers on Bonaire must be handled by a civil law notary, who ensures the legality of the transaction.

Mortgages are available, but they can be more challenging for non-residents. Some local and Dutch banks provide financing, often with stricter requirements.

Closing costs typically include notary fees, transfer tax (around 5%), and possible legal or agent fees. These usually add up to 6–8% of the purchase price.

Yes, many owners rent out their homes or apartments as vacation rentals. However, you must comply with local regulations and zoning and obtain the necessary permits.

Some properties are sold as leasehold (erfpacht), meaning you lease the land from the government for a long term (usually 60 years). Leasehold often has lower upfront costs but includes an annual fee.

Both options have advantages. New builds often meet modern standards but may take time to complete, while existing homes are move-in ready but could need renovations.