Aruba: Personal Taxation
Real Estate Taxes
Owners of real estate have to pay annual rates amounting to 0.4% of the value of the property which is determined in accordance with a prescribed valuation method.
The buyer of real estate pays a 3% capital transfer tax on the value of real estate purchased for property with a value of up to Af250,000. Property valued over Af250,000 pay a 6% capital transfer tax. Value in this case is the higher of the price paid or the value according to the prescribed valuation method.
Investment incentive programmes often include exemption from the capital transfer tax (see Offshore Legal and Tax Regimes).