Is Curacao The Dubai Of The Caribbean? Jul 31

Curacao is not (yet) as well-known as some of its neighboring Caribbean islands ( for  instance Aruba and Barbados), but with excellent predevelopment planning and thought Curacao now offers amazing real estate investment opportunities, vacation and second homes,  properties,   mixed community and residential resorts with all the amenities you can imagine – and then some.
Here’s what this exciting emerging market has to offer:

  • Stable currency pegged to US dollar
  • In the period 2000 – 2007 the number of overnight stays increased from 1,556,664 to 2,560,282, an average annual increase of 9.2%
  • The annual growth in 2006 and 2007 accelerated to an above average of 10.01% and 18.6% respectively.
  • Tourism arrivals increased with 27% compared against the year 2006
  • Rapidly increasing hotel demand.  Hotel occupancy has risen from 75.1% in 2005, to a staggering 91.1% in first two months of 2008.
  • Three hours distance from Miami, 40 minutes from Venezuela, eight hours from Europe
  • No capital gain tax
  • Flourishing free trade zones
  • International airport
  • Affordable prices on real estate
  • Ranked BEST among the Caribbean Islands on the Dow Jones Island Index

It is fair to say that Curacao may very well be the “Dubai of the Caribbean”.

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One Response

  1. 1
    Suzanne Perka 
    Sunday, 18. October 2009

    I am interested in having an investment property/condo in the carribean.

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