Curaçao is an beautiful island in the southern Caribbean Sea, approximately 40miles (65 km) north of the Venezuelan coast. Curaçao is a constituent country of the Kingdom of the Netherlands.
Curaçao consists of the main island and the uninhabited island of Klein Curaçao (“Little Curaçao”). It has a population of over 150,000 on an area of 171 square miles (444km2) and its capital is Willemstad.
Willemstad is made up of 4 quarters, the oldest, Punda gets its name from “punta” owing to this area’s pointed shape. East of Punda on the coast is the former Dutch quarter of Pietermaai, this area has undergone extensivee transformations since 2010, with many of the homes restored and renovated. Inland and to the east of Punda is Scharloo, the former Jewish quarter characterized by its large villas.
In the early 19th century, after the wall around Punda was replaced with housing, it was clear that the east side of the Schottegat (Sta. Annabaai) was crowded, consequently Willemstad spread to the west side of the Anna Bay. This last quarter of the capital was called Otrobanda or “Other Side” in Papiamentu.
Before the dissolution of the Netherlands Antilles on 10 October 2010, Curaçao was administered as the “Island Territory of Curaçao”, one of five island territories of the former Netherlands Antilles.
11 reasons to buy a property in Curaçao:
- Stable government.
- Curacao is attractive for investors: great location, a stable democracy, no hurricanes, modern facilities and constant economic growth.
- Offshore banking available. Many multinationals have established their headquarters in Curacao.
- The current economic growth is expected to last at least another 10 to 15 years. This results in higher incomes and high return on investment.
- The Netherlands Antilles guilder has been pegged to the US dollar at the exchange rate of US$ 1.00= ANG. 1.78.
- The island has a tropical climate. The sun always shines, the average temperature is 80F and there are constant cool breezes and is out of the ‘huricane-belt’
- Curacao is home to people of more than 50 nationalities!
- Low tax rates and attractive real estate prices.
- Curacao has many beautifully restored monumental buildings, cruise ships arrive weekly at one of the terminals in Willemstad.
- White beaches and crystal clear water make the island popular with divers from the all over the world.
- The new airport terminal and several new hotel developments attract more tourists and more airlines to fly to this wonderful island.