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In another article on our website, we discuss inheritance and gift tax in Curaçao. In this article, we explain who is entitled to what in an estate when the deceased (the testator) was resident in Curaçao. To keep things clear, we do not address situations such as half-siblings, stepchildren, foster children, and other special cases.Inheritance and...

In 2014, the property tax (onroerendezaakbelasting or OZB) was introduced in Curaçao, replacing the former land tax (grondbelasting). There are several differences between land tax and property tax. The terms “immovable property” and “real estate” have the same meaning. Since 1 September 2019, there has also been a filing obligation for OZB.What Is Property Tax (OZB)...

The Pagatinu System in CuraçaoPagatinu is the prepaid electricity system used by Aqualectra in Curaçao. This system is commonly found in rental properties, but it is also very suitable if you own the property yourself. Essentially, it works the same way as a prepaid mobile phone card. You purchase a certain amount of electricity credit and can then use electricity for a number of days. The number of days...

The buyer of a house or lot chooses a notary to draw up the deed of transfer (and possibly the mortgage deed). The buyer chooses the notary because they pay these costs, unless the property is sold “Vrij Op Naam” or there is a project notary. Notary fees in Curaçao are determined by the Joint Court of Justice and are the same for all notaries on...