RESIDENTIAL PROPERTY TAXATION IN CURACAO

I received this question

Q. What does residential property tax in Curacao cover (i.e. garbage collection, road maintenance)? I understand that it is not high — 1200 guilders (ANG) a year.

A. The residential property tax is being paid to the Curacao island collector and is due because of ownership of a residence or other building. The law does not prescribe for what purposes the money should be used. That is up to the island government to decide. The rate is 0.3% of the value of the property. The garbage collection is charged in a separate statement from the island finance department and amounts to ANG 20 each month.

Karel Frielink
Curacao-based Attorney (lawyer) / Partner

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