Relocating: What Does It Really Cost?

Anyone considering a move to Curaçao quickly discovers that plenty of information is available, yet the actual financial picture is often fragmented or incomplete. At Wigbold Real Estate, we speak daily with clients who raise the same questions: What are the costs of housing? What fixed expenses should you anticipate? Are everyday goods more expensive than in the Netherlands? And how much should you budget for property maintenance in a tropical climate?

Because relocating abroad has significant financial implications, we outline the key cost categories below in a clear and neutral way. This overview is designed to help you prepare a realistic budget—without unexpected surprises later on.

Housing Costs: Purchase, Rent and Recurring Expenses

Most aspiring emigrants begin their orientation with the housing market. Prices on Curaçao vary widely by district and property type, but it is essential to understand the additional costs associated with buying or renting.

Buyers must account for transfer tax, notarial fees and registration charges. Transfer tax on Curaçao amounts to four percent of the purchase price. Notarial fees are not fixed; they depend on the scope and complexity of the purchase and mortgage deeds. Buyers generally cover these charges in full, which is why it is advisable to set aside several additional percentage points on top of the agreed purchase price.

For tenants, monthly rental levels depend on location, size and condition of the property. Smaller homes and apartments tend to be more affordable outside Willemstad than within the city or surrounding districts. Detached homes and properties within gated communities typically command higher rents. Tenants are responsible for all utilities unless otherwise specified.

Fixed monthly outgoings include water, electricity, internet and property tax (OZB). Property tax is calculated based on the assessed value of the home and is levied annually. Electricity and water consumption directly impact monthly costs: air-conditioning and electric boilers in particular can increase expenses significantly, while mindful usage can keep household budgets manageable.

Daily Living Expenses: Groceries, Healthcare, Transport and Education

A common question from prospective emigrants is how day-to-day living expenses compare to those in the Netherlands. Due to the island’s dependence on imports, prices for many food products are higher. Items such as dairy, meat, fresh vegetables and household goods often cost more than they do in Dutch supermarkets. Locally produced items can be more economical, but many newcomers find their grocery budget higher during the first months on the island.

A car is practically indispensable for daily mobility. Distances are short, but public transport is not extensive enough to rely on consistently. In addition to fuel, vehicle ownership involves costs such as insurance, maintenance and depreciation. Road conditions can also influence repair frequency and wear and tear.

Healthcare on Curaçao is accessible at a basic level, though specialist services may involve waiting times. Many expatriates choose additional private insurance or make use of private healthcare providers, which can increase monthly expenses.

Families with school-age children should consider the potential costs of education. While public schools are more budget-friendly, private and international schools charge annual tuition fees that can be substantial. These fees significantly influence the overall monthly budget of relocating families.

Property Maintenance and Construction Costs: The Tropical Reality

One cost category often underestimated by newcomers is property maintenance. Due to intense sun exposure, salt air and humidity, materials deteriorate more quickly than in temperate climates. Wood, metal and paintwork require more frequent upkeep; air-conditioning units need regular servicing; and roofing typically requires more ongoing attention.

Most construction materials are imported, which makes renovations, upgrades and even minor repairs more expensive than in the Netherlands. Buyers drawn to attractively priced homes should always maintain a maintenance reserve. For older properties in particular, a technical inspection prior to purchase is strongly recommended.

Taxes and Insurance: Recurring and One-Time Charges

Beyond the purchase or rental price, you should account for both recurring and incidental costs. Property owners pay annual property tax (OZB). Homeowners also require buildings insurance, and in some cases combined buildings and contents insurance.

At the point of purchase, buyers are responsible for transfer tax and notarial fees. For leasehold land, an annual canon may apply. Those relocating with household goods from abroad may incur import duties depending on the nature and age of the items brought into the country. These charges vary by situation and can be verified in advance.

A Realistic Conclusion: Preparation Prevents Surprises

Relocating to Curaçao offers many advantages: a different pace of life, a warm climate and a new daily rhythm. Nonetheless, it is important to be realistic about the financial impact. Costs for groceries, utilities, transport and maintenance are often higher than expected. At the same time, anyone who prepares thoroughly, manages energy and water consumption carefully and makes informed decisions can build a stable financial footing on the island.

Preparation is key. Create a budget that accounts for both visible and hidden expenses. Allow room for maintenance and unexpected costs. Most importantly, gather information, compare experiences and consult experts.

At Wigbold Real Estate, we consistently see that well-informed clients make a smoother and more confident transition to island life. With the right expectations, you avoid setbacks and start your new chapter on Curaçao with clarity and peace of mind.