When asked initially what islands comprised the Netherlands Antilles,a quick bit of research showed that the islands are:Aruba,Bonaire,Curacao,St.Maartin,Saba and St.Eustatius.What's fascinating about these Dutch terrorities is the ease is which one can buy real estate.As I indicated in my previous blog, try and look for reputable companies to deal with i.e Remax.You may want to go to www.whitesandmagazine.com and see what are the current properties being listed.The best feature about buying property in Aruba is the low taxes that exists for real estate.
The only yearly tax and it's based on the selling price.The first 34,000 is free of tax.The transfer tax is a flat fee of 3% of the property value,and notary fees on the transfer of land is 1% of the selling price.Registration of deeds signed by civil law notaries are mandatory in Aruba.
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