A modern villa with an infinity pool overlooking the Bonaire coastline
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Financing your purchase

From local Caribbean banks to advisors who compare them, here is how buyers fund a home on Bonaire — and what to prepare before you apply.

Property on Bonaire is priced and financed in US dollars. Several local and regional banks offer mortgages (see our Banks page for their branches), and an independent advisor can compare offers for you. Terms depend heavily on residency, income and the property itself, so early advice pays off.

What lenders look at

Expect a lender to assess:

  • Your down payment — non-residents are usually asked for around 35–40% (e.g. Banco di Caribe 40%, RBC 35%); residents can access much higher financing.
  • Verifiable income and existing debt.
  • An independent, bank-approved appraisal (not older than one year).
  • The ownership form (freehold vs. long lease) and property condition.
  • Fire/buildings insurance, which lenders require before completion.

Residents, non-residents & the National Mortgage Guarantee

Residents of Bonaire generally access the widest range of local mortgage products on the best terms; non-residents can still borrow but face a higher deposit and more conservative terms. A National Mortgage Guarantee scheme exists for first-time buyers/young families within a capped purchase price (currently offered via MCB) — ask a bank or advisor whether you qualify. Interest rates are not published; confirm current rates directly with the lender.

Mortgage advice

Banks lend directly (see the Banks page); an independent advisor can compare offers and handle the paperwork.

CF Verzekeringen / Hypotheek Bonaire

Advisor

Independent insurance & mortgage advisor; compares bank offers as a one-stop broker.

Sources & official links

For orientation only. Rules, rates and costs can change — always verify the current situation with the relevant authority or an advisor. · Last reviewed: July 2026.

Estimate your monthly payment

Use our free island mortgage calculator to model down payment, interest and term before you talk to a bank.

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