Guidelines “Investors permit 2014”
The “Investors Permit 2014” is a residence permit for bonafide foreign high net worth investors who for reasons of their own wish to reside in Curaçao for a certain period of time.
The goal of the Guidelines Invertors Permit is to facilitate the investment in Curaçao by high net worth foreigners (among others, purchase of real estate property or making a business investment), thus contributing to our economy.
The guidelines contain among others, conditions and requirements, which have to be satisfied by the foreign high net worth investor, in order to qualify for an “Investors Permit 2014”
Conditions for residence of investors
For the temporary residence permit designated as “high net worth investor” it is required that the foreigner shall continuously and independently dispose of sufficient means to satisfy the obligations issuing from the investment, whereby the foreigner shall show, by presenting official documents that he has made or intents to make a business investment of at least ANG. 500.000,00
The permit shall be issued for periods of one year at a time whereby the first permit issued is for temporary residence or for residence. The subsequent periods shall contain a promise to issue the permit, which shall be converted into a permit pursuant to a positive review as consequence of an internal appraisal by the Immigration Services (Toelatingsorganisatie) well ahead of the relevant period.
In case of a business investment of at least ANG.500.000,- a residence permit for a period of 3 years shall be issued and will be renewed for similar periods if the circumstances remain unchanged. In case the requirements to obtain an extension are not complied with in time, the permit shall lapse.
In case of a business investment of at least ANG.750.000,- a residence permit for a period of 5 years shall be issued and will be renewed for similar periods if the circumstances remain unchanged. In case the requirements to obtain an extension are not complied with in time, the permit shall lapse.
In case of a business investment of at least ANG.1.500.000,- a residence permit for an indefinite period shall be issued.
For consideration of a request for a residence permit for a period of 3 years, payment of government fees in the amount of ANG.1.720,- and charges of ANG.145,- is required.
For consideration of a request for a residence permit for a period of 5 years, payment of government fees in the amount of ANG.2.860,- and charges of ANG.235,- is required.
For consideration of a request for an indefinite residence permit, payment of government fees in the amount of ANG.5.710,- and charges of ANG.460,- is required.
Periodic assessments will be carried out before expiration of a period; if it is found that action or omission in contravention of the permit conditions occurred, the permit shall be revoked and the payment corresponding to the unused period in which no permit existed shall be refunded when the revocation decision shall have become final.