Flat rate
10.0%
Duration
—
Prior non-residency
—
required before applying
Standard top income tax
47.5%
Sint Maarten, without the regime
Overview
- Regime
- Penshonado
- Country
- Sint Maarten
- Type
- Flat rate
- Status
- Active
- Effective from
- Oct 10, 2010
- Expires on
- —
Details
- Summary
- Flat 10% on qualifying foreign-source income for eligible new residents; local income taxed at normal rates.
- Eligibility
- Age 50+, at least 60 consecutive months abroad before moving, application within two months of civil-registry registration, owner-occupied home worth at least NAf 450,000 within 18 months, no employment or business activity in Sint Maarten
- Benefits
- 10% on listed foreign-source income (incl. surcharges); optional taxation on deemed NAf 500,000 at regular table rates instead
- Requirements
- Written request to the Tax Inspector; domestic-source income always at standard progressive rates
- Limitations
- Not available for local employment or business profits; minimum tax concepts apply to domestic income
- Income types covered
- Foreign pensions, foreign investment income and similar foreign-source items listed in the income tax ordinance (art. 23E)
- Duration details
- While conditions are met; status can be lost for late filing, local earned income or loss of owner-occupied home
View source Income tax return guide 2024 (Tax Administration); Landsverordening op de inkomstenbelasting art. 23B–23E