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CURACAO | Economy

The economy of Curacao is based on tourism, oil refining and transport, the financial service sector and trade and industry. Shipping, international trade and other activities related to the port of Willemstad make a contribution to the economy.

Curacao currently has two active free zones, one in the harbor, and one at the airport. The special incentives make it very appealing for businesses to operate in any of the Free Trade Zones of their choice. Routine customs formalities related to import and export are free of charge during regular office hours, while other administrative matters are reduced to a minimum.

Other than exchange control and currency regulations, there are no specific restrictions or authorizations required for foreign investment. However, authorization may be required in certain regulated areas, such as banking and financial services.