Looking to Buy in Aruba?
Keep in mind you have to pay real estate property tax on all real estate property, each year. The Tax Department appraises the value of your property (your house and land) and taxes 0.6 % for nonresident owners. The appraised value is adjusted every 5 years. Anyone who owns a property and/or plot of land in Aruba on 1 January of a calendar year must pay land tax even if you sell during the year (it is not prorated).If you own a house on long-lease land, in addition to the real estate property tax you also have to pay an annual leasehold fee. The long lease expires every 60 years.
Long Lease Renewal: You can apply for a lease renewal at the Department of Infrastructure and Planning (DIP) starting 6 months before expiration. First go to windows 11 and 12 to obtain a cadastre (form giving information about your property) and a plot plan (note: these documents are only valid for 3 months so don't get them way ahead of time). Then go to the DIP window to apply for the renewal. You need proper ID (personal or corporate depending on the property ownership structure), your taxation number, the cadastre and the plot plan.
For more information, contact the Department of Taxation (Departamento di Impuesto) at 297-522-7424.
