Investment in Aruba
Azure Beach Residences represents a unique opportunity for real estate investment in Aruba in one of the few beachfront properties left in the island. It offers a flexible rental program with attractive returns for owners who wish to rent their units.
The variety of activities enjoyable for all ages make this paradise a One Happy Island.
A few facts and tips when you are evaluating investing or visiting Aruba:
Aruba Investment Facts
Aruba has a favorable TAX REGIME
Aruba offers a safe environment for investment as part of the Netherlands
Aruba has a top telecommunications infrastructure
Aruba enjoys strong political relations with the USA
Aruba is located outside of the Caribbean Hurricane Belt
Aruba is ranked at the top as “The best place to invest in the Caribbean”
Aruba uses English as its official business language
Foreigners in Aruba enjoy unrestricted property rights. The government offers the residence to foreigners that includes a property in Aruba, and which represents annual income of 60.000 USD
Aruba has no legal restrictions on property ownership
If you want to live and work in Aruba, you must have a valid residence permit from the DIMAS
Aruba offers an exceptional quality of life
The investment outlook for Aruba is stable thanks to its economic prosperity
It is estimated that the real estate value in Aruba has a minimum annual growth of 8 to 10%
There are no exchange controls in Aruba, however, exchange transactions are communicated to the Central Bank
For foreign buyers in Aruba, banks generally lend up to 60% of the value of the property and mortgages range from 10 to 30 years
The property taxes are very low compared to other Caribbean Islands. US and Canadian owners are levied at a rate of 0.6% of the property value with a deductible of USD 33,000.00
The Gross Domestic Product developed in recent years with a positive average adjusting with some delay to the effects of the global crisis
Aruba enjoys one of the highest standards of living standards in the Caribbean
The inflation in Aruba has had a very stable behavior in recent times varying between 3 and 4 percent per year
Azure Beach Residences has a prime location in one of the best beach properties in Aruba and steps away from the two most popular tourist areas and Aruba beaches
Aruba offers a safe investment environment by belonging to the Netherlands. Your legal rights are well protected
Homeowners can receive a permanent residence permit as a “retiree,” assuming their funds are enough