Bonaire is an island in the Dutch Antilles in the Caribbean Sea. Together with Aruba and Curaçao, it forms the group known as the ABC islands, located off the north coast of South America near the western part of Venezuela. Population is 18.500 people of whom 80% have the Dutch nationality. Bonaire is attractive to investors as it can be seen as a stepping stone to the rest of the Caribbean and to Latin America. It has a fair infrastructure, a modern health system, Dutch style education system , low taxes no profits tax, a well skilled labor force and a fine living environment.
As of 1 January 2011, the US Dollar became the official currency of Bonaire. The Netherlands Antillean Guilder is no longer accepted as payment for any transaction. The monetary system of the island is regulated by the Bank of the Netherlands. The island is famous for its diving, snorkling and surfing locations and quiet friendly atmosphere, reason why tourism is a main if not the economic sector. Cruises frequently attend the island bringing ca. 160.000 tourists per year (this number increases every year) , while the number of stay over tourists arriving by air transport is appr. 130.000 per year.
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The Bonaire Government is eager to enhance the economic development of the island. The Netherlands Government in The Hague does support the local government in this endeavor. Expanding of tourism, knowledge centers and horticulture are the main target sectors. Bonair has a stable political system. Bonaire is a special Dutch Municipality with all associated legal guarantees. Areas around the capital Kralendijk on the western coast of Bonaire, such as Belnem and Sabadeco, are popular with foreign property buyers.
Bonaire's own island
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