Long lease land

In Bonaire, you have freehold land and long lease land. Just under half of the habitable area consists of long lease land, so an important part. Long lease land is usually issued by the government for a period of 60 years. After that, a request can be made for an extension. The leasehold issue (or renewal) must go through the notary. The person holding the Right of Leasehold pays a canon annually. For a 10,765 sq.ft (1,000 m2), you should roughly expect an annual canon of about $750.00. In addition, land tax or property tax must also be paid annually, just as with owned land.

How do I get a plot of long lease land?

Long lease land is only issued to adult residents of Bonaire who do not own any other real estate. To be considered for a leasehold parcel for residential development, the applicant must complete the application form below and submit it to the Directie R&O, accompanied by:

1. Copy of ID
2. Certificate of Residence (Department of Civil Affairs)
3. Proof of payment of dues of US$ 56 (Department of Civil Affairs)
4. Copy of salary slip

There is a long waiting list for leasehold plots and not many available. Other conditions apply for commercial plots. More information can also be found on the OLB website.

Leasehold application explanation

Ground lease application form

Download application form in PDF

Selling property on long lease

Until June 2020, long lease land, both built and undeveloped, could be sold. The condition was that there was a wind and watertight building on it. Nowadays, approval is required for the sale of a house on long lease land. It is then tested whether the building has been built in accordance with the building permit. It is also important that the building be wind and watertight. The property cannot be sold without this permission.
Please note that it may take 2 to 3 months for permission to be granted.

Example of approval for the sale of a house on long lease land

Sample letter of application for approval sale of long lease land

Download letter in PDF

Download letter in Word

What if you disagree with the leasehold note

If you disagree with the ground lease invoice, you may file a complaint with the OLB Finance Department.
You can submit your written complaint with attachments at the OLB desk at the Kaya Amsterdam or by emailing the complaint to belasting-olb@bonairegov.com

Harbourtown Real Estate can help you!

If you sell your home through Harbourtown Real Estate, applying for approval for the sale of a property on long lease land is part of our service. As long as the approval has not yet been issued, we always put the issuance of the approval in the purchase agreement as a resolutive condition in a sale (read more about this). If you sell your home yourself or if you want to be sure to request permission in advance, you can also contact us. We can take care of that for you, but we also have a sample letter available that you can use (free of charge). If you would like more information or to contact us, please use the

contact form

or send an email to
info@harbourtownbonaire.com
.

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