So, you're considering making a move and ceasing your tax residency in Curacao? Whether it's for personal or professional reasons, it's essential to follow the correct procedures to ensure a smooth transition. Let's walk you through the necessary steps to cease your tax residency in Curacao.
Step 1: Deregister from the Population Register
The first step in ceasing your tax residency is to deregister from the Curacao Population Register (Kranshi). You need to inform the Civil Registry Office of your departure and provide the necessary documentation, including your identity card, proof of your new address abroad, and the exact date of your departure.
Step 2: Notify the Tax Authorities
You must notify the Tax Authorities (Belastingdienst) of your intention to cease your tax residency. This involves submitting a formal letter indicating your departure date and new address. Ensure you settle any outstanding tax liabilities before you leave.
Step 3: File a Final Tax Return
File a final tax return for the year of your departure. This return should cover the income earned up until the date you cease to be a tax resident. Make sure to include any relevant deductions and credits.
Step 4: Close Local Bank Accounts and Cancel Subscriptions
Close any local bank accounts and cancel any local subscriptions or memberships. This step is crucial to avoid any future tax implications or misunderstandings about your residency status.
Step 5: Obtain a Non-Residency Certificate
Request a non-residency certificate from the Tax Authorities. This document will serve as proof that you have officially ceased to be a tax resident of Curacao.
Legal References
- General Tax Ordinance (Algemene Landsverordening Landsbelastingen)
- Income Tax Ordinance (Landsverordening op de Inkomstenbelasting)
- Civil Code of Curacao
Useful Links
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