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Monetary & Foreign Exchange Policy

Frequently Asked Questions

Name and address/place of incorporation of the resident person/company receiving the foreign loan

Copy of valid identification document

Name and address/place of incorporation of the foreign person/company extending the loan

The amount of the loan in foreign currency

Loan terms: interest rate, maturity, amortization schedule

Purpose of the loan

Only residents can apply for a foreign exchange license.

Name and address/place of incorporation of the local company

Extract from the register of the Chamber of Commerce

Copy of valid identification document

Name and address/place of incorporation of the non-resident

Amount of the guarantee and maturity of the guaranteed loan

Purpose of the guarantee

Name and address/place of incorporation of the local company

Name and address/place of incorporation of the buyer

Name and address/place of incorporation of the seller

Extract from the register of the Chamber of Commerce

Copy of valid identification document

Amount and number of shares that are transferred

Name and address/place of incorporation of the foreign company

Extract from the register of the Chamber of Commerce

Name and address/place of incorporation of the resident individual/company

Copy of valid identification document

Number of shares and nominal value per share of the participation

Name and address/place of incorporation of the local company

Extract from the register of the Chamber of Commerce

Name and address/place of incorporation of the non-resident

Copy of valid identification document

Number of shares and the nominal value per share of the participation

Authorized and issued capital of the local company

Statute of the local company

Name and address/place of incorporation of the individual/company/financial institution making the investment abroad

Copy of valid identification document

Name and address/place of incorporation of the company/institution/investment fund where the investment is made.

Amount and type of investment

Name and address/place of incorporation of the local bank

Name and address/place of incorporation of the non-resident

Copy of valid identification document

Maximum amount expected on the account denominated in Antillean guilders

Name and address/place of incorporation of the trust company/notary/lawyer or other independent professional

Extract from the register of the Chamber of Commerce

Name and address/place of incorporation of the local bank where the account will be opened

Currency denomination of the account

Name and address/place of incorporation of the company opening and holding the current account

Extract from the register of the Chamber of Commerce

Name and address/place of incorporation of the foreign parent company

Indication of maximum debet balance on the current account.

Name and address of the individual to transfer money to his private foreign bank account

Copy of valid identification document

Name and address/place of incorporation of the financial institution abroad

Amount of the transfer

Name and address/place of incorporation of the company that wants to open a foreign bank account

Extract from the register of the Chamber of Commerce

Name and address/place of incorporation of the financial institution abroad

Name and address/place of incorporation of the resident person/company/financial institution extending the loan

Copy of valid identification document

The amount of the loan

Name and address/place of incorporation of the non-resident receiving the loan

Loan terms: interest rate, maturity, amortization schedule

Purpose of the loan

As of January 1, 2009, resident life or non-life insurance companies, and residents pension funds are granted a license to invest with non-residents provided that a minimum is invested with residents according to the following rule:

  • 40% of the first NAf.10 million of total provisions and liabilities
  • 50% of the next NAf.10 million of total provisions and liabilities
  • 60% of the rest of total provisions and liabilities


Exceptions on this rule are granted for the following:

  • Investments made in sustainable projects with a positive economic impact for Curacao or Sint Maarten. An equal amount can then be invested with non-residents.
  • Amounts received from the Netherlands in connection with the redemption of the debts of the Central Government and the island governments of the former Netherlands Antilles can be invested fully with non-residents.
  • Deviation from the minimum investments required with residents are allowed but at a fine.
Last updated: 30.09.2019 12:09