Frequently Asked Questions
Clear your doubts about living in Wechi. Do you have questions about living or investing in Wechi? Here you will find clear answers to the most common questions about the project, financing, location, and tax benefits for Dutch buyers.
Wechi is a large-scale development of 134 hectares in Willemstad, Curaçao. Over the next 10-15 years, about 3,500 to 4,000 homes will be built, focusing on sustainability, affordability, and livability.
Wechi actively collaborates with local banks to facilitate mortgage options. The following institutions are involved in the project:
Maduro & Curiel’s Bank (MCB), with a special financing package for Wechi buyers.
Banco di Caribe, familiar with the project.
Orco Bank, familiar with the project.
Fundashon Fiansa Popular, familiar with the project.
The land in Wechi is issued in leasehold by FKP. The annual fee is XCG 1.68 per m² and is based on transparent conditions.
Yes, both short- and long-term rentals are allowed. We assist you in finding tenants!
Annual leasehold fee.
Service costs of XCG 50 per month for maintenance and security.
Transfer and notary fees (details on request).
Each household contributes XCG 600 annually for maintenance and shared facilities.
Wechi is not a gated community, but surveillance cameras are installed in public spaces for extra security.
Wechi is located in the Gato district of Willemstad, near the Weg naar Westpunt. The location offers both tranquility and direct access to major roads and facilities.
It is permitted to build a private swimming pool up to 20 m² in size and a maximum depth of 0.5 meters.
The published purchase price consists of the house price plus a price per square meter for the plot. Homes are sold ‘kosten koper’ (k.k.), meaning notary fees and taxes are at the buyer’s expense.
Each home has a pre-approved building height. It is not permitted to alter the layout or height, to preserve uniformity and spatial quality.
Both short- and long-term rentals are allowed. Owners can receive support with rental and maintenance through the central management service.
Although Wechi is close to the airport, it lies outside the direct route of arriving flights. Aircraft noise is minimal.
For the 73 m² model, plots range from 250 to 400 m². Plot sizes are specified per home type for maximum transparency.
Wechi is centrally located in Curaçao, with the following travel times:
5 minutes from the airport.
5 minutes from the University of Curaçao.
15 minutes from downtown Willemstad.
20 minutes from Mambo Beach.
25 minutes from Jan Thiel.
Less than 5 minutes from supermarkets and beaches.
Wechi is actively committed to environmentally conscious solutions:
Reuse of wastewater for green zones
Energy-efficient street lighting
Preservation of existing natural areas
Development of parks, playgrounds, and walking trails
Tax Benefits for Dutch Buyers
Curaçao offers an attractive tax climate for property owners. Key advantages:
Profit from the sale of real estate by individuals is not taxable in Curaçao.
Generally between 0.4% and 0.6% of market value, lower than in the Netherlands.
Curaçao does not levy taxes on the total value of personal assets, making it attractive for individuals with substantial wealth.
Curaçao provides tax incentives for international investors, such as tax reductions and targeted benefits within corporate tax, including lower rates for certain investment structures, exemptions in special economic zones, and temporary exemptions for investment-related projects.
On transfer to heirs, inheritance tax ranges from 6% to 24%, significantly lower than in many other countries.
Curaçao has a DTA (Double Taxation Agreement) with the Netherlands, preventing double taxation on income or investment returns.
Frequently Asked Tax Questions (Q&A)
No. Curaçao has no capital gains tax for individuals. Profit from value appreciation at the time of sale remains fully tax-free.
Property tax is between 0.4% and 0.6% of market value, depending on the location and type of property.
Yes. The low property tax makes it more affordable to own larger or more luxurious homes.
Curaçao offers a clear, attractive, and stable tax climate with transparent regulations and straightforward tax conditions. It is an excellent environment for those looking to grow their wealth through real estate.
Yes. On the transfer of property to heirs, inheritance tax rates range from 6% to 24%, depending on kinship.
Inheritance tax rates are significantly lower, which is favorable for estate planning and intergenerational wealth transfer.
No. Curaçao does not levy wealth tax on individuals.
They do not need to pay annual taxes on their wealth, making Curaçao fiscally attractive as a location for a second home or residence.
Yes. Curaçao offers tax incentives such as exemptions or reductions for specific investment projects.
These benefits are more relevant to corporate structures or real estate portfolios. Individuals mainly benefit from the absence of capital gains and wealth tax.
Yes. The double taxation treaty ensures you do not pay taxes twice on income or assets.
Your tax residency determines which country has the right to levy taxes on your income and assets. Under the tax treaty between the Netherlands and Curaçao, you are generally only taxed in one country for property, rental income, or investment returns. This prevents double taxation and provides clarity for investors.
Yes, depending on usage and the nature of rental agreements. A local tax advisor can provide detailed guidance.
Yes, depending on the use and type of rental. A local tax advisor can clarify this.
Yes, but this requires proper tax advice. The choice between private or corporate ownership affects taxation and estate planning.
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