Curacao's Ministry of Finance has extended the 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. Until 31 December 2024, a relaxed condition that at least 50% of the property is made available (sale/rent) to foreign persons was provided. This 50% relaxed condition is now extended for requests submitted during the...