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Showing posts with the label import duties

How to retire in Aruba easily and smoothly

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  Moving to Aruba for retirement can be an exciting adventure. Here are some tips and advice to help you with the process:   Research and Visit: Before deciding to move, do thorough research on Aruba. Learn about its culture, climate, cost of living, healthcare system, and other important factors. Visit the island beforehand to get a feel for the place and determine if it suits your retirement goals.   Understand Residency Requirements: Familiarize yourself with Aruba's residency requirements. Aruba offers different types of residency permits, such as the Pensionado (retiree) permit, which allows retirees to live in Aruba as long as they meet certain financial criteria. Consult with the Aruban Department of Immigration to understand the specific requirements and application process. Check this link for more info DIMAS: https://www.dimasaruba.aw/en/   Financial Considerations: Review your finances and

Import Duties on Aruba

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Import duties on Aruba are calculated on CIF:  Cost + Insurance + Freight. The average value of import duties is 12% for basic goods/products which are categorized as primary necessities of life. Luxury and other goods are subjected to higher import duties. An exemption on household goods may apply if the following conditions are met: • The household goods must have been used in the previous primary place of residence. • The household goods have been used outside of Aruba following the prevailing norms in that country. • Exemption is only granted to persons who were not yet considered residents of Aruba. • Household goods imported using a duty exemption must be imported within 12 months after the normal place of residence has been transferred; this can be achieved in one or more shipments.  • Fill out a petition for duty-free import to Aruba, it is in Dutch • If a request for exemption of import duties on the household goods shipment is rejected in whole or in part, the own

Go Green, pay less import duties Aruba

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Even in regards to vehicle’s import duties, Aruba is on its way to be a greener Island! Depending on the age and value of the car you want to import, the import duties rates are : 50%/ 40%/ 20%/ “CIF” = Cost of car, Insurance and Freight. If you become a resident of Aruba, you are entitled to bring a car (which you had in use and possession for more than 6 months) free of duty. Import duties on vehicles are as followed: AWG 0 - 20,000.00 (CIF)- 30% on CIF value AWG 20,001.00 (CIF)- 40% on CIF value AWG 30.0001.00 (CIF)- 50% on CIF value Unless it’s a hybrid car, which is ONLY 12% on CIF. For additional info visit our main blog: Blog tips for moving to Aruba (arubair.com)