Queen’s Gardens Resort in Saba.
SABA/ST. EUSTATIUS–The new value assessments for property tax (“vastgoedbelasting”) for the period 2021 to 2025 are currently underway in St. Eustatius and Saba.
The value decisions for property tax will be sent in June 2021 with the reference date January 1, 2021. The vastgoedbelasting assessments 2021 will be sent as of mid-January 2022.
Property tax is levied on owners of real estate such as a second home and business premises. The house inhabited by the owner as principal residence is exempt from real estate tax. The value decision for companies is sent at a later stage in the year.
The value decision states the economic value of real estate. The value is determined based on recent sales. The value of business premises and special objects is determined by appraisers on the basis of a facade appraisal.
For questions or for more information one can call the tax department at tel. 715-8585 or check
website www.belastingdienst-cn.nl. Leaflets on property tax are available in three languages.
Source: The Daily Herald https://www.thedailyherald.sx/islands/value-decisions-for-property-tax