Rentals in Aruba

Rentals in Aruba

If you want to reside in Aruba then there are certain things that you should take into consideration. In Aruba, your income tax is based on your global earnings that include capital gains and rental income. Annual property tax in Aruba is 0.4% of your property’s rental value, irrespective of whether or not you are a resident of Aruba. Rental arrangements are quite simple in Aruba. There are no legal requirements with regards to security deposit and the rental prices are also not bound by any rules. This means as a landlord you can decide fix the rental amount along with the terms of the rental agreement and security deposit, if any.