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Obtaining Curaçao Residency By Investment And Access The Dutch Kingdom

4 min read

Obtaining Curaçao Residency By Investment And Access The Dutch Kingdom

Curaçao is an independent Dutch-Caribbean nation that is part of the Dutch Kingdom. It is located in the Southern Caribbean, right off the coast of Venezuela, and is lush with beaches nestled into beautiful coves. The island has a great natural variety, massive coral reefs, and flourishing marine life, making it an excellent destination for anyone who enjoys the beach, particularly diving.

While this country is gifted with palm trees, peaceful, crystal-blue oceans, and limitless sunlight, the actual treasure of this country is its people. Curaçao's official languages are Dutch, Papiamentu, English, and Spanish, with certain groups additionally speaking French and Portuguese.

Because it is strategically located between Latin America and Central America, it is ideal for high-net-worth investors interested in developing investing Central, North, and South America to the European Union. All of this, along with a professional and pleasant local population, makes the Curaçao Investor Permit Program a perfect plan for foreign investors wishing to set up a business or settle down on a peaceful island.

 

Curaçao is a peaceful island located between Latin America and Central America

Curaçao is a peaceful island located between Latin America and Central America

CURAÇAO INVESTOR PERMIT PROGRAM

The Curaçao government introduced the investment permit program in 2014. Through this program, the government encourages high-net-worth individuals to invest in the country and will be eligible for Dutch citizenship after five years of holding the permit.

The Curaçao investor visa program is unique as it provides a route to European citizenship. You may apply for Dutch citizenship using this program. Furthermore, after you make the investment and get residency on this Caribbean island, you will also have the right to live in the Netherlands. Only a few nations provide such advantages as part of their residency and citizenship programs.

 

Related content: The Basics Of How To Get A Second Passport Or A Second Residency

 

Willemstad, Curaçao

Willemstad, Curaçao

REQUIREMENTS

To be eligible for the Curaçao Investor Permit Program, you must meet the following fundamental requirements:

  • You have the financial resources to satisfy your investing obligations;
  • You have no criminal record;
  • You have private health insurance;
  • You can prove that you have made or are willing to invest a minimum of $280,000 USD;
  • You must prove the source of your funds.

Extra documentation, such as a bank letter, might be asked for.

 

Related content: Luxembourg Residency By Investment

 

Real State is one of the options for the Investor Permit Program

Real State is one of the options for the Investor Permit Program

METHODS OF INVESTMENT FOR THE CURAÇAO INVESTOR PERMIT PROGRAM

The program has three investing options. Each has a unique set of investment quantities.

 

Investing in Real Estate

As an investor, you can obtain a residence permit by making a real estate investment in Curaçao.

 

Investment in a Local Company

Another alternative is to invest in a locally running firm via formation or share acquisition. The firm must have a local substance: it must operate a business, have one local director, and have a local financial administration.

 

Purchase of Securities

Another option is to invest in a firm listed on the Dutch Caribbean Securities Exchange in Curaçao. As previously stated, the prerequisite is that the issuer of the securities is a local company with local substance.

 

The Curaçao Investor Permit Program provides a route to European citizenship

The Curaçao Investor Permit Program provides a route to European citizenship

MINIMUM INVESTMENT AMOUNT

The Curaçao Investor Permit program has three distinct investment levels. Each kind has a distinct level of validity.

  • For a 3-Year Residence Permit, you can invest $280,000 USD in real estate or a business enterprise using this method. You may renew your permit if you retain your investment and apply for citizenship after five years.
  • For a 5-Year Residence Permit, this method allows you to invest $420,000 USD in real estate or company and qualify for a residence visa. You are entitled to seek Dutch citizenship after five years.
  • For an Indefinite Residence Permit, you can invest $838,000 USD in real estate or business. You may apply for Dutch citizenship after five years, just like the previous methods.

 

Your family members can be included in Curaçao Investor Permit Program

Your family members can be included in Curaçao Investor Permit Program

THE ADVANTAGES OF THE CURAÇAO INVESTOR PERMIT PROGRAM

The Curaçao Investor Permit Program provides several advantages to investors. Some of the most important are mentioned here.

 

BECOME A DUTCH CITIZEN AFTER FIVE YEARS

The most notable feature of the Curaçao Investor Permit Program is the grant of Dutch citizenship at the end of five years. As a result, if you make a qualified investment in the Caribbean, you may apply for European citizenship. This is one of the easiest ways to get European citizenship via investing.

 

LIVE ON A LOVELY CARIBBEAN ISLAND

Curaçao has its own pace and rhythm, as well as a work-life balance. Curaçao has a one-of-a-kind mix of living advantages, such as sun, sea, and sand, as well as an international population with amazing locations for socializing or conducting business, superb amenities, and a creative atmosphere.

 

INCLUDE YOUR FAMILY

The Curaçao Investor Permit Program enables family members to participate. So, as the primary candidate, you may include your spouse and children in your application.

 

ENTRY REQUIREMENTS

The program's entry criteria are pretty flexible. All that is necessary is proof of sufficient finances to invest, a clean criminal background, and private health insurance coverage. After the exchange, you will be permitted instant visa-free travel to 172 countries and will be eligible for a Dutch passport in five years.

 

Residing in Curaçao allows you low tax rates

Residing in Curaçao allows you low tax rates

OPPORTUNITIES FOR DYNAMIC INVESTMENT

Curaçao's economy is expanding in tandem with its developed commercial infrastructure, which is designed to support international company activities. This, together with its investor-friendly legislation, positions the country as an appealing proposition for everyone. Opportunities to invest in companies or real estate are plentiful, with high expected returns.

 

TAX BENEFITS

The Curaçao tax system offers many tax breaks to residents. Exports are subject to low tax rates, and some enterprises involved in export or import are free from paying import duty tax, turnover tax, and excise tax. Furthermore, anyone planning to retire in Curaçao may be relieved to hear that since the island is part of the Kingdom of the Netherlands, residence permit holders escape double taxes.

 

Curaçao Investor Visa Program doesn't come with a work permit

Curaçao Investor Visa Program doesn't come with a work permit

OBTAINING A WORK PERMIT IN CURAÇAO

One disadvantage of the Curaçao Investor Visa Program is that obtaining a residence permit does not automatically provide you with the ability to work in the nation. Instead, you must apply for a work permit individually.

To receive the permit, you must first locate an employer that will sponsor your work permit and initiate the application procedure on your behalf. In general, it takes around three months for your work visa to be approved, so if you want to work in the country, start the procedure as soon as you have your residence permit.

 

Related content: Croatia Residence Investor Program

 

It's important to have  private health insurance to receive a residence permit

It's important to have private health insurance to receive a residence permit

HEALTH INSURANCE DEPOSIT AS A REQUIREMENT FOR OBTAINING A CURACAO INVESTOR PERMIT

You and your immediate family must have proper health insurance coverage to successfully obtain the investor's permit. This includes coverage for being admitted to a mental sanatorium or institution.

To receive a residence permit, you must have private health insurance coverage and pay a security deposit. The deposit amount is determined by your nationality.

 

CONCLUSION

The Curaçao Investor permit has the advantage of instantly granting you the same rights of mobility and settlement inside the Netherlands as Dutch nationals. This implies that you may not only live indefinitely on a Caribbean island with your residency permit, but you can also spend as much time as you like in the Netherlands.

 

WORK WITH ME

I help my clients to move offshore for freedom, privacy and autonomy by focusing on the immigration, legal, and tax issues that you will face when becoming an expat. If you would like to work one-on-one with me on getting out of your home country (or setting up a Plan-B location), then read this important letter and fill in an application form to become a Private Client. My fees are not cheap; however, I can assure you that when you work with a professional firm like ours, the results will be worth it.

 

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Mikkel Thorup

Written by Mikkel Thorup

Mikkel Thorup is the world’s most sought-after expat consultant. He focuses on helping high-net-worth private clients to legally mitigate tax liabilities, obtain a second residency and citizenship, and assemble a portfolio of foreign investments including international real estate, timber plantations, agricultural land and other hard-money tangible assets. Mikkel is the Founder and CEO at Expat Money®, a private consulting firm started in 2017. He hosts the popular weekly podcast, the Expat Money Show, and wrote the definitive #1-Best Selling book Expat Secrets - How To Pay Zero Taxes, Live Overseas And Make Giant Piles Of Money, and his second book: Expats Guide On Moving To Mexico.

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