The Notary process could take up to 6-8 weeks, depending the complexity of the transaction.

• Valid ID
• Information of Sale form and personal data Form
• A deposit required by the Notary to start the process
• Copy of the security deposit, which is approx.. 10 % of the Sale

• 3% over the first Awg. 250k of the acquisition price and 6% over the excess of
  Awg. 250,001 . This results in a transfer tax reduction for the benefit of the
  acquirer.
  Example: Purchase price: Awg. 450,000
  Regime: 3% * 250,000 + 6%*(450,000-250.001) = Awg. 19,500
• Notary Fees: 2 % of the selling price
• Notary Fees Mortgage deed (If Applicable).

• Purchase agreement will be required in most cases. The Real Estate agent will set up the
  agreement contract.

A security Deposit must be paid at the Notary of your choice, we do offer our assistance if you
require. Final payments will be made prior to the appointment date at the closing of the Sale.

Yes, however lease Land is owned by the “Land of Aruba” which has a lease for 60 years
, and is bind to a Yearly Fee that you pay. You can always apply for an extension after these
years.