Are you looking for the perfect place to retire or live as a rentier? Look no further than Curacao! With its stunning beaches, vibrant culture, and relaxed lifestyle, Curacao is the ideal destination for those looking to enjoy their retirement in a beautiful and welcoming environment. The island offers a range of residence permits specifically designed for rentiers and pensioners, making it easy to establish a new home in Curacao. In this article, we’ll explore the benefits of a rentier or pensioner residence permit in Curacao and why it’s the perfect place to retire.
The Rentier or Pensioner Residence Permit is the same as the Pensioner Scheme Residency Permit?
Although the names may sound similar, they are actually two different types of residency permits.
The Rentier or Pensioner Residence Permit is relatively easier to obtain, with fewer requirements compared to the Pensioner Scheme Residency Permit. The latter involves several steps in the tax authority, and has different benefits and requirements. For detailed information about the difference between the two of them you can go to our Blog: Rentier vs Pensioner Scheme Residency Permit
In this blog, we will focus on providing information about the Rentier or Pensioner Residence Permit. However, if you’re curious about the Pensioner Scheme Residency Permit and whether you qualify for it, we’ve got you covered with our blog post “Pensioner Scheme Residency Permit”
Who can apply in Curacao for a Rentier or Pensioner Residence Permit?
With a Rentier or Pensioner Residence Permit, you can make your dreams a reality. This permit is perfect for anyone, regardless of age or nationality, who has enough financial resources to support themselves without the need for employment. And the best part? You don’t even need to make a local investment or be retired to qualify! So if you’re considering relocating to Curacao and have the means to support yourself thanks to your investments overseas, savings, pensions, or other sources of income you may be eligible to apply for this residency permit.
What are the requirements?
If you’re interested in obtaining a Rentier or Pensioner Residence Permit in Curacao, it’s important to ensure that you meet the necessary requirements.
To qualify, you must be able to demonstrate sufficient financial resources to support yourself and any accompanying family members. You can prove your solvency by providing a bank reference letter showing an available income or net worth of at least $20,000 USD, or the equivalent in another currency. Keep in mind that the financial requirement will increase depending on the number of eligible family members accompanying you.
In addition, you’ll need a valid passport, a clean police record, a birth certificate, and other documentation that may vary depending on your individual circumstances. Our immigration experts can evaluate your case in detail and advise you on the specific requirements, book your appointment today!
Do I need to buy a property or make an investment in Curacao in order to obtain this residency permit?
One of the great things about the Rentier or Pensioner Residence Permit in Curacao is that you do not need to purchase property or make any investments in order to obtain it. Many of my clients are interested in moving to Curacao to explore business opportunities or simply enjoy the island’s tranquil lifestyle. They prefer to take their time and carefully consider their options before making any financial commitments. The rentier/pensioner residency permit is an excellent option for those individuals, as it allows them to obtain a one-year residency permit without the need to invest immediately. This way, they can take their time to explore the island and decide whether to invest and, if so, in what. If later you purchase a property you will be entitled to take advantage of the Curacao Investor Program.
Can I work in Curacao with the Rentier/Pensioner residency permit?
If you’re wondering whether you can work in Curacao with a Rentier/Pensioner residency permit, the answer is no. This type of permit is specifically designed for individuals who do not need to work because they have investments overseas, savings, pensions, or other sources of income that enable them to make a living without working in Curacao.
If you’re interested in working in Curacao, you’ll need to apply for a separate work permit. Our immigration experts can provide guidance and assistance with the application process to ensure a smooth and successful outcome.
Can I renew my residency permit as Rentier/Pensioner?
Yes, a rentier or pensioner residence permit can be renewed in Curacao every year up until 10 years in order to obtain a permanent residency permit. To renew your permit, you will need to proof that you still have enough income to support yourself and your family members.
Renewing your residency permit as a Rentier or Pensioner offers you the opportunity to continue living in Curacao and enjoying all the benefits the island has to offer without the need to make any investment.
What are the benefits of the Rentier/Pensioner residency permit?
If you’re considering obtaining a residency permit in Curacao, the Rentier/Pensioner residency permit offers a range of benefits that may make it the ideal option for you.
One of the primary benefits of this permit is that you can obtain residency using your savings, passive income, or pension, without the need to make a local investment. Additionally, there are no age restrictions, so anyone can apply regardless of their age or nationality.
You can also bring your eligible family members with you, and renew your permit for up to 10 years if you continue to meet the requirements. And after five years of residency, you can even opt for Dutch nationality.
But that’s not all – there are a range of tax benefits available to you as well. For example, the Curacaos pension scheme offers a reduced tax rate of 10% on pure proceeds from foreign sources, and you can also deduct certain expenses from your taxable income.
Furthermore, you can enjoy the peace of mind that comes with living in a safe and secure environment in this beautiful island paradise.
If you’re ready to start your new life in paradise, our immigration experts are here to help. Contact us today to schedule your appointment.
I was happy to cooperate with Monica Saaverda from LivingInParadise.nl. She is very professional, patient and knows all the rules of the island of Curacao. She helped me to analyze best type of visa for my stay as remote worker. Thanks to her help with visa application, I can do programming work from beautiful island on fresh air everyday.
Tomáš Svoboda
