Curaçao Country Report
There are no major obstacles to foreign investment and the government is keen to attract business from overseas. Public agencies are relatively efficient and levels of corruption are low by regional standards. Curaçao remains part of the Dutch kingdom, allowing investors to benefit from associate membership of the EU under the overseas countries and territories (OCT) agreements. The main threat to business operations is the COVID-19 virus pandemic. Money-laundering activities persist on the island, although not on a scale that affects legitimate foreign investors.
There is no history of terrorism in Curaçao and the current risk is considered low. A very low risk exists from the activities of international terrorist groups that may indiscriminately target Western interests. However, there is no known home-grown threat and no indications that it constitutes a target for terrorist groups.
Street and opportunistic crime, although low by regional standards, is one of the main domestic security issues in Curaçao. The country has a high number of tourists, and the poor are often the target of casual crime. Violent crime and muggings directed at foreign visitors are rare and the main tourist areas are generally safe.
Overall, there are no significant external threats to the island. Between 2006 and 2010, however, diplomatic relations with Venezuela deteriorated when then-president Hugo Chávez called for the Caribbean to be decolonised and suggested that Curaçao (as well as Aruba and Bonaire) could potentially be used as a base for a planned military intervention to overthrow his government. Relations after 2010 improved based on trade until Venezuela closed the countries' mutual aerial and maritime border in January 2018, arguing that scarce basic goods were being extracted and sold in Curaçao, a claim denied by the latter.