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

  1. #41
    Senior Member robin's Avatar
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    Quote Originally Posted by schexc View Post
    A little more info on our property tax situation...

    Our Management Company has been guiding us with our situation. It looks like our assessment is off about $115,000.00 US and our unit is the only one at The Pearl that this change applied to. We have to make an appointment with the tax office next trip to get this corrected and most likely file an Objection Letter. In the mean time we've been making the required tax payments, hoping to get it corrected before the end of the year.

    With regard to the Non-Resident property tax increases this year; we were also told that there is a group formed that is filing a complaint against the increase in property taxes as applied to Non-Residents. We really don't know that much about it or who the group is, but it will be interesting to see how it plays out. I'm sure we'll find out more next visit.
    That is way off. I hope you can get this corrected with out too much effort. If you find out more info about the group, please let me know. It'll surely be interesting. It seems like have no real rights not being residents.




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  2. #42
    Senior Member schexc's Avatar
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    Will do...

    Quote Originally Posted by robin View Post
    That is way off. I hope you can get this corrected with out too much effort. If you find out more info about the group, please let me know. It'll surely be interesting. It seems like have no real rights not being residents.




    OUR COUPLE'S RETREAT. THE PEARL CONDO HOTEL EAGLE BEACH. CONDO ACCOMMODATES TWO ADULTS. YOU MUST REQUEST UNIT #8. https://photos.app.goo.gl/lRquP1F4VtxyZhR42 RENTING DIRECTLY http://www.thepearlaruba.com/. SEND PM BEFORE BOOKING FOR REFERRAL.
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  3. #43
    Senior Member schexc's Avatar
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    After resolving our property assessment issues this trip, we can report our property tax increase.

    For 2019 we lost our 120,000Afl. deduction off the assessed value, which was calculated as 60,000Afl. for each of us. Then with the tax increase to tourists, our net tax increase amounted to 139%. This was a huge difference, but if we compare to our tax rate in our home state of New York, it is still very inexpensive in comparison.




    OUR COUPLE'S RETREAT. THE PEARL CONDO HOTEL EAGLE BEACH. CONDO ACCOMMODATES TWO ADULTS. YOU MUST REQUEST UNIT #8. https://photos.app.goo.gl/lRquP1F4VtxyZhR42 RENTING DIRECTLY http://www.thepearlaruba.com/. SEND PM BEFORE BOOKING FOR REFERRAL.
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  4. #44
    Aruba since 1979
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    Andrea J.'s Avatar
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    OUCH

    if you were residents of Aruba, would there be a resident deduction?
    Quote Originally Posted by schexc View Post
    After resolving our property assessment issues this trip, we can report our property tax increase.

    For 2019 we lost our 120,000Afl. deduction off the assessed value, which was calculated as 60,000Afl. for each of us. Then with the tax increase to tourists, our net tax increase amounted to 139%. This was a huge difference, but if we compare to our tax rate in our home state of New York, it is still very inexpensive in comparison.

  5. #45
    Senior Member schexc's Avatar
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    I'm not sure if the 60,000Afl per spouse went away for residents. Perhaps someone local could answer that. I do know that the residents have a floating scale of tax rate percentage that they pay, where property owners that our Tourist Status do not. It is fixed.

    Quote Originally Posted by Andrea J. View Post
    OUCH

    if you were residents of Aruba, would there be a resident deduction?




    OUR COUPLE'S RETREAT. THE PEARL CONDO HOTEL EAGLE BEACH. CONDO ACCOMMODATES TWO ADULTS. YOU MUST REQUEST UNIT #8. https://photos.app.goo.gl/lRquP1F4VtxyZhR42 RENTING DIRECTLY http://www.thepearlaruba.com/. SEND PM BEFORE BOOKING FOR REFERRAL.
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  6. #46
    Senior Member Aruba4ever's Avatar
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    That is a painful increase but you have the right perspective...its still cheap by US rates.

  7. #47
    Senior Member schexc's Avatar
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    The reality; it's at least 75% less then what we pay for a comparable assessment in our area of New York State.

    Quote Originally Posted by Aruba4ever View Post
    That is a painful increase but you have the right perspective...its still cheap by US rates.
    Last edited by schexc; 11-07-2019 at 09:34 AM.




    OUR COUPLE'S RETREAT. THE PEARL CONDO HOTEL EAGLE BEACH. CONDO ACCOMMODATES TWO ADULTS. YOU MUST REQUEST UNIT #8. https://photos.app.goo.gl/lRquP1F4VtxyZhR42 RENTING DIRECTLY http://www.thepearlaruba.com/. SEND PM BEFORE BOOKING FOR REFERRAL.
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  8. #48
    Senior Member robin's Avatar
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    It really sounds worse than it is especially when it is compared to what we pay here. If we paid the same rate in Aruba that we pay here it would probably be many times what we are now paying with the increase.




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