Aruba: Country and Foreign Investment
Aruba's Relationship with the EU
As an overseas territory of the Kingdom of the Netherlands, Aruba is an associate of the EU. Its citizens carry EU passports, and have free rights of entry, residence, work etc in the EU.
In so far as Aruba applies the common import tariff of the EU single market, it can freely export products into the EU which it has sourced externally, without additional processing. Products originating in Aruba, or which have undergone 'substantial economic transformation' there, have EU origin.
However Aruba does not form part of the EU fiscal area, and, somewhat analogously to the British Dependent Territories, does not apply Dutch or EU taxes, other than the EU's Savings Tax Directive, which applied from 1st July 2005.