On 9 November 2022, Curacao's Ministry of Finance published a notice on the extension of relaxed conditions for the tax holiday incentives for property (land) development. As previously reported, the Ministry relaxed the conditions for the tax holiday incentives due to the impacts of the COVID-19 pandemic, including that the condition to make available (sale/rent) at least 80% of a property to foreign persons was temporarily reduced to 20% until 31 December 2022. Because many investments have been delayed due to international logistical problems and insufficient recovery of the Curacao economy, the relaxed conditions are now extended in a revised...