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Are the islands of the Netherlands Antilles right for you?
The Netherlands Antilles is part of the Lesser Antilles and consists of two groups of islands in the Caribbean Sea: Curaçao and Bonaire, just off the Venezuelan coast, and Sint Eustatius, Saba and Sint Maarten, located southeast of the Virgin Islands. The islands form an autonomous part of the Kingdom of the Netherlands. Curacao is the main island in the Netherlands Antilles. The total land area is 960 sq. km.
Population
The total estimated population is 195,000
Political Structure
The head of state is the ruling monarch of the Netherlands, who is represented in the Netherlands Antilles by a governor. The governor is also head of the local government, and forms, together with the council of ministers, the executive branch of the government.
The legislative branch is two-layered. Delegates of the islands are represented in the government of the Netherlands Antilles, but each island has its own government that takes care of the daily tasks on the island. The Netherlands Antilles is regarded as one of the most stable democracies in the region.
The Netherlands Antilles are not part of the European Union.
Infrastructure and Economy
Curacao is one of the most developed islands in the region. The main sources of income are derived from the oil refinery, the Free Zone and the financial services industry, all on Curacao, as well as tourism in all five islands.
Since the 1940's, the Government of the Netherlands Antilles has created a favourable climate for offshore companies through special tax provisions and tax treaties, particularly with the Netherlands. The offshore industry has been extremely important for the economy of the Netherlands Antilles as this industry not only provides the Government with direct and indirect revenue, but also creates considerable employment opportunities.
Language
Dutch, English and Papiamento are the official languages in the Netherlands Antilles.
Currency
The official currency is the Netherlands Antillean gulden (ANG).
Exchange Control
None.
Law
Based on Dutch Civil Law, with English Common Law influence.
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Disclaimer
The materials contained on this web page are provided for general information only and do not constitute any form of legal definition or advice. IFC Recruitment assumes no responsibility for the accuracy of any particular statement and accepts no liability for any loss or damage which may arise from reliance on the information contained on this site.
References
1. Wikipedia profile: Netherlands Antilles
2. CIA World Factbook entry: Netherlands Antilles
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