Are you looking for a great place to invest your money in a beautiful and peaceful setting? The Curaçao Investor Program may be the perfect option for you. This program offers a range of benefits, including tax incentives, a stable economy, and a favorable business climate. In this article, we’ll take a closer look at the Curaçao Investor Program and what it can offer you as an investor.
What is the investor program in Curacao?
Curaçao offers an Investor Permit Program for individuals and families seeking residency and asset protection in a well-connected safe living and working environment. The program is designed to make Curacao an attractive destination for foreign investors, to encourage economic growth and development. Curaçao opened a gateway for high net worth investors to obtain a residence permit in Curaçao and after five years the investor can have the option to becomes eligible for Dutch citizenship through which the investor becomes an EU citizen (Dutch passport holders can travel visa-free to 156 countries)
What are the requirements for the investor program in Curacao?To access the investor program you must have an equity investment by purchasing a property in Curacao or showing the proof of investment in a local business and some other general requirements are:
- Valid passport
- Copy of birth certificate with apostille of each applicant (EU countries are excluded from this) not older than 1 year. If the documents are not in Dutch, English or Spanish the document must be translated and the translation must be apostilled.
- A clean police record
- Health insurance policy that covers residence in Curacao. You can purchase a local health insurance once your permit has been approved.
Note: Depending on your specific circumstance other documents might be necessary remember that there is no one-size-fits-all answer, that is why having an immigration expert is the most clever investment to make sure you are given the most up-to-date information in order to avoid rejections, delays and problems with your application.
Can my family get also a residency permit?
One of the benefit of The Curacao Investor Program is that not only grants you a residency permit but also extends this opportunity to your loved ones. With this program, your family can receive a residency permit for the same duration as you!
However, it’s important to keep in mind that if your temporary residency permit or residence permit expires, your family’s residency permit will expire as well. Additionally, in the event of a marriage dissolution, your partner must submit a permit amendment.
How long does it take to get an investor permit?Other of the benefits of the Investor permit 2014 policy is that in order to protect your investment the Curacao government will process within a very short period of time, with a maximum decision term of 2 weeks. However, in practice the duration varies and can take some times months depending the immigration workload and other factors. That’s why, It is pivotal to count with expert assistance to make sure your application is done with enough time based on update information.
How many years of residence permit I will obtain?
Once accepted into the program, investors will receive a residence permit. The validity of the residence permit will vary based on the amount invested:
1. A 3-year program for investments with a minimum capital of 280,000 USD;
This investor permit program offers a residence permit of three years and requires a minimum investment of at least USD 280,000 in real estate or (own) business ventures. After three years the residence permit can be renewed if the conditions are still met.
2. A 5-year program for investments with a minimum capital of 420,000 USD;
This investor permit program offers a residence permit of five years and requires a minimum investment of at least USD 420,000 in real estate or (own) business venture. After five years the investor permit can be renewed if the conditions are still met. At this point, the investor becomes eligible for Dutch citizenship and passport through which the investor becomes an EU citizen providing (under the Dutch passport visa-free travel to 156 countries including amongst others the Schengen countries, United States of America, Canada, and the United Kingdom).
3. This investor permit program offers an indefinite residence permit and requires a minimum investment of at least USD 838,000 in real estate or (own) business ventures. An Indefinite program for investments with a minimum capital of 838,000 USD;
What are the benefits of the investor program in Curacao?
The investor program in Curacao offers a number of benefits for those looking to invest in the country. Besides to be a great way to diversify your portfolio other of the main advantages is the ability to obtain residency in Curacao for you and your family in a short period of time. Moreover, the investor can apply for the Dutch citizenship after 5 years of continuous residence in Curacao.
In addition to the investment opportunities available in Curacao, investors can also benefit from the country’s low tax rates. Curacao has one of the lowest corporate tax rates in the Caribbean, with a rate of just 2%. Additionally, there are a number of tax exemptions and other financial benefits available to businesses in the country.
These tax advantages make Curacao an attractive destination for investors looking to maximize their returns.
If you are an investor but also receive a pension you might be eligible for the Curacao Pension Scheme, that offer a taxation rate of 10% on the pure proceeds from foreign sources.
Request an appointment with a tax advisor and learn all the economic benefits that you might get based in your personal situation.
What I need to know if I want to invest in a local business?
If you are looking to invest in a local business, there are a few things you need to know. Firstly, you will need to provide evidence of the investment, such as a bank statement or other documents.
Secondly, you will need to provide a business plan outlining the details of the business and the expected return on investment. Finally, you will need to provide evidence of the company’s registration, such as a copy of the company’s registration certificate.
It is important to note that the amount of the investment must be at least Naf. 500,000.00 ($280.000) in order to be eligible for the investor program.
It is also important to note that the application process for the investor program can take up much longer when you desire to open your own business, so it is important count with expert guidance to plan ahead and ensure that you understand the required steps to invest in a local business.
Depending the amount invested you will be able to be the local director of the company and in some cases your will be allowed to work.
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We understand that time is money, and that’s why we work with the most well-known realtors in Curacao to provide VIP services that cover all your possible needs. From start to finish, our experienced immigration lawyers will guide you through the process and ensure that all necessary documents are submitted correctly and on time. Additionally, we can offer you different alternatives available to make sure you achieve your goal in the most efficient way.
But that’s not all! As a wealthy investor, you may have unique legal needs related to business formation, tax planning, and more. Our immigration lawyers can provide the legal advice and assistance you need to make the most of your investment and ensure a successful relocation.
Don’t let the details of immigration law and paperwork hold you back. Let us take care of the details so you can focus on what you do best – investing and enjoying your new adventure. Contact us today to learn more about how our immigration services can benefit you as a wealthy investor in Curacao.
“ Thanks to Living in Paradise, my husband and I were able to obtain 5-year residency permits as investors. I can confidently say that without their expert guidance, it would have been nearly impossible for us to navigate the complicated and bureaucratic process on our own. They assisted us every step of the way, dealt with government instances, and fought for us. We couldn’t have done it without their expertise and dedication. Highly recommended!”
Val and Jean-Yves from France