Aruba Real Estate - VisitAruba.com (2024)

FAQs

What is the average price for a house in Aruba? ›

Market Overview

(In mid-2019, the median price for a house in Aruba was about 580,000 Aruban florins, or about $321,000, according to the Central Bank van Aruba.)

Yes, foreigners can buy property in Aruba and the Government of Aruba welcomes investment from overseas buyers. There are no restrictions on foreign buyers acquiring real estate in Aruba and the buying process for foreign buyers is the same as Aruban citizens.

We present a variety of houses for sale in Aruba covering beachfront properties, inland properties at various attractive locations on the island. Price ranges vary from under US$200,000 to over US$2.5million.

The real estate market is stable due to the strict mortgage requirements and little to no speculation. High demand for property makes Aruba a profitable place to invest in for the coming years. The process for buying real estate is the same for non-residents as if you were a local.

Owner Real Estate

Do you want to stay longer in Aruba? This is possible when you own a house in Aruba, a timeshare apartment or a Yacht on Aruba (minimum 14 meters long). You can stay in Aruba for up to 180 days. You must have a private travel insurance in this case.

In general, for a comfortable retirement in Aruba, an individual would need approximately $2000 per month.

Land taxes in Aruba are relatively low, and are usually based on the value of the property (house and land combined). The first US$33,707 is tax free, and after that the tax is 0.4% or $4 per $1000 of value.

Anyone wanting to stay longer than 180 days in Aruba will need a residence permit and will not be considered a tourist.

If you are the US or Canadian citizen, you enjoy the benefit of visa-free travel as long as you complete the ED Card registration process. You may stay in Aruba for a maximum of 90 days for a 180-day period. However, it is possible to extend your stay for up to 180 consecutive days.

You won't regret it! Not only does Aruba have one of the highest standards of living in the Caribbean, but the island also offers retirees many opportunities to freely embrace this new stage of their lives. To begin with, the island celebrates many North American holidays, which will make you feel right at home.

Can you move to Aruba permanently? ›

Persons desiring a permanent residence-permit must be in possession of: a passport valid for Aruba. three passport photographs of true likeness. a valid vaccination certificate for smallpox, not more than three years old.

If city living is for you, Oranjestad is the capital of Aruba and offers the best of both worlds. Great restaurants, museums, and shops with oceanfront properties and beaches are thrown in. For affordable living, Noord is one of the loveliest regions to live in.

The corporate income tax rate is reduced from 25% to 22% under the Profit Tax Ordinance, with the rate under the Aruba Petroleum Ordinance (28%) changed to instead refer to the tax rate under the Profit Tax Ordinance (i.e., 22%);

Non residents

Up to a maximum 65% financing is available; therefore a minimum down payment of 35% is required.

Affordable community fees

Community fees start at USD. 262.50 per month for Condos and Town Homes and USD. 393.75 per month for Duplex Villas and Villas.

Summary of cost of living in Aruba: A family of four estimated monthly costs are 4,109.7$ without rent. A single person estimated monthly costs are 1,139.4$ without rent. Cost of living in Aruba is, on average, 6.1% higher than in United States.

Aruba. Your visa states how long you can stay in Aruba. The maximum is 180 consecutive days within a 365-day period.

Aruba has always been known to be "one of the safest places in the Caribbean." Being located well south of the hurricane belt makes it a great place to live all year round.