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Mikkel Thorup : January 27, 2023
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
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
To be eligible for the Curaçao Investor Permit Program, you must meet the following fundamental requirements:
Extra documentation, such as a bank letter, might be asked for.
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Real State is one of the options for the Investor Permit Program
The program has three investing options. Each has a unique set of investment quantities.
As an investor, you can obtain a residence permit by making a real estate investment in Curaçao.
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.
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 has three distinct investment levels. Each kind has a distinct level of validity.
Your family members can be included in Curaçao Investor Permit Program
The Curaçao Investor Permit Program provides several advantages to investors. Some of the most important are mentioned here.
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.
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.
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.
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
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.
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
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
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.
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.
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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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