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Aruba is about 193 square km in size, slightly larger than Washington DC. The
population is slightly above 100,000.
From Europe you have a KLM direct flight from Amsterdam 4 times a week.
From the USA you have direct flights from many cities, including: New York,
Washington, Newark, Miami, Boston, Charlotte
From Canada you have a direct flight from Toronto.
You may, but this is not mandatory as all real estate purchases go through a
Government Licensed Notaris which guaranties the transaction and the legitimacy
of the Title.
We cannot suggest a specific attorney, but you can find many of them on Aruba
Yellow Pages: http://www.yellowpages-
aruba.com/Categories/Legal+%26+Financial/Attorneys/
This might depend upon your legal and tax situation, but typically people purchase
real estate under their own name in Aruba.
When I purchase real estate, do I get a title or some other legal proof of
ownership?
Yes, the Notaris will deliver you a "Levering" which is your title to the real estate
property. The document will be in Dutch, but the Notaris will explain it to you in
English at the signature time.
Yes, the transfer tax is 3% of the price if lower than $141,000, then it is 6%. There
are also between 0.8 and 3% misc. fees, depending on the price of your property.
Yes, there are property taxes. Owners have to pay real estate property tax each
year. The Tax Department appraises the value of your property (your house and
land) deducts $33,707.00 (fixed deductible) from the appraised value, and taxes 0
.4 % on the balance.
Example:
House appraised by Tax Department at: US $150,000
Deductible: US $33,707
Total US $116,293
0.4% of Total: US $465.17 (per year)
No, and that makes a huge difference with other Caribbean Islands like Dominican
Rep. (30%), or Martinique (6.45%)
Water: WEB NV is the only water provider on the Island. All the industrial and
potable water produced by WEB NV, the 2nd world’s largest desalination plant, is
from the seawater. The quality of Aruba’s drinking water is highly regarded and
very safe to drink direct from the faucet. The average consumption per month
according to WEB NV is $82.00. Houses with extensive landscaping could expect
water bills around $170. With an average swimming pool of 30 m3, the monthly
consumption of water in dollars is estimated at $250.00.
SETAR provides fast internet services through a DSL (ASDL) account. Unlimited
use is at $55 per month.