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Curaçao: Country and Foreign Investment

Import of Foreign Capital

The Central Bank of Curaçao and Sint Maarten regulates exchange control. Imports and exports may be transacted in any convertible currency except Netherlands Antilles guilders. Foreign exchange dealings are reported for statistical purposes only.

A licence is required for the investment of any foreign capital into the Netherlands Antilles and is only permitted if the investment enhances the economy and social environment of the jurisdiction. A license is also necessary for the repatriation of capital and earnings from the Netherlands Antilles. Licenses are usually granted as there are no laws contrary to such repatriation.

Holding companies in Curaçao can apply to be exempted from foreign exchange restrictions.

 

 

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