As previously reported, Curacao's Ministry of Finance announced on 21 June 2021 that a decision was made to relax the conditions for the tax holiday incentives for property (land) development due to the impacts of the COVID-19 pandemic. This includes the condition to make available (sale/rent) at least 80% of a property to foreign persons is temporarily reduced to 20%. A policy notice dated 26 June 2021 has been published that further clarifies the application of the relaxed condition. This includes that the relaxed condition applies for all requests submitted on or after 1 January 2020, as well as investment...