TAX HOLIDAY

TAX HOLIDAY

Minister of Finance, Javier Silvania, temporarily changes Tax-holiday rules for investors. This should make it more attractive to come to Curaçao and invest.

Currently, an investor only gets a tax exemption if eighty percent of a project is made available to foreigners. But because of corona, there are not many foreigners on the island.

From now on, an exemption will be issued if twenty percent or more of the house or apartment owners or tenants are foreigners.

According to the Ministry of Finance, with this change, an investment of approximately ANG.180 million can be expected in 2021.

Source: Dolfijn FM Nieuws