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Thread: Non-Resident Condo Property Taxes Increasing by 50% on January 1, 2019

  1. #11
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    English language explanation of tax changes. Applies in the most part to both residents and non residents. Despite having to accept a big increase here myself, it's good to see Aruba making some things a bit better for it's poorest citizens whilst trying to make fiscally prudent decisions and attempting to pay off some of its very large deficit which has ballooned over the past few years.

    https://www.overheid.aw/news/news_38...orm_38437.html
    Last edited by elephant_guy; 12-08-2018 at 06:44 AM.
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  2. #12
    Senior Member GETA62's Avatar
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    They will raise property tax from 0.4 to 0.6% for non-residents home and cindi owners.
    Also the 6% tax will be included in the invoices and receipts to avoid double taxation.
    and of course they will increase “sin” tax on alcohol and cigarettes.

  3. #13
    Senior Member Aruba4ever's Avatar
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    I will be honest it appears like the taxes have dropped big for the locals?


    Quote Originally Posted by elephant_guy View Post
    English language explanation of tax changes. Applies in the most part to both residents and non residents. Despite having to accept a big increase here myself, it's good to see Aruba making some things a bit better for it's poorest citizens whilst trying to make fiscally prudent decisions and attempting to pay off some of its very large deficit which has ballooned over the past few years.

    https://www.overheid.aw/news/news_38...orm_38437.html

  4. #14
    Senior Member GETA62's Avatar
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    Quote Originally Posted by Aruba4ever View Post
    I will be honest it appears like the taxes have dropped big for the locals?

    Yes, in the same article says that senior citizens will not pay taxes and property taxes will be reduced for local people, depends on the value of the property.

  5. #15
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    At one point, I read that Aruba is in the top 10% of the highest taxes in the world.

  6. #16
    Senior Member robin's Avatar
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    Our property tax bill has arrived at the condo complex and they emailed it to us.

    The 60,000 florin exemption is gone, so:
    2018
    valued at 745,000 fl
    tax 2,982 fl

    2019
    valued at 805,000fl(the exemption is gone)
    tax 4,833fl

    difference in tax 1,851 fl or about $1,057 US more (about $1704 US to about $2762 US)

    Yes, it is a big jump, however; we are paying about $8,000 a year on our house and our house in the US is assessed less(luckily it is really under assessed) than the condo.
    Last edited by robin; 05-15-2019 at 02:40 PM.




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  7. #17
    Senior Member schexc's Avatar
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    Thanks For the post Robin. I’m sure ours will show up soon.




    OUR COUPLE'S RETREAT. THE PEARL CONDO HOTEL AT EAGLE BEACH. CONDO ACCOMMODATES TWO ADULTS. YOU MUST REQUEST UNIT #8. https://photos.app.goo.gl/lRquP1F4VtxyZhR42 RENTING DIRECTLY THROUGH http://www.thepearlaruba.com/.
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  8. #18
    Senior Member lucky's Avatar
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    Wow,60% increase
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  9. #19
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    The tax office, Impuesto, has implemented a zero tolerance policy immediately . Many locals have not paid taxes in years. They were instructed to tighten up. Some discussions going on about things that I hope never get to see daylight. Talk of a non residency tax, possibly a one time surcharge. Amounts discussed are not paltry either.
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  10. #20
    Senior Member robin's Avatar
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    All of that is scary. They must think we are all rich and don't realize owning in Aruba is a stretch for many people. Don't they realize that if you put a large tax on owner that those owners have less to spend in restaurants, stores, etc. and if the owners rent, they pass that tax cost on to the renters who now have less to spend on dining, tours, and shopping? Wouldn't it be better to encourage people to spend while on the island rather than tax them?

    As far as locals not paying taxes, that is something I heard too. When we went to register the car we were told many locals had not registered their cars since the last time they changed the license plates and it is one of the reasons the lines were very long.


    Quote Originally Posted by aquaman View Post
    The tax office, Impuesto, has implemented a zero tolerance policy immediately . Many locals have not paid taxes in years. They were instructed to tighten up. Some discussions going on about things that I hope never get to see daylight. Talk of a non residency tax, possibly a one time surcharge. Amounts discussed are not paltry either.




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