A Comprehensive Guide to Long-term Residency in Aruba

last updated: 2024-03-28

A Comprehensive Guide to Long-term Residency in Aruba

 

Regional Profile

 

Aruba is a constituent country within the Kingdom of the Netherlands, situated in the south of the Caribbean Sea. In contrast to much of the Caribbean, which experiences humid tropical climates, Aruba has a dry climate with an arid xeric landscape. The relatively warm and sunny weather persists throughout the year.

 

(The map is sourced from Nationals Online Project)

 

Capital: Oranjestad

 

Population: 106,203 (2022, 180th)

 

Ethnic groups: 78.7% Dutch, 6.6% Colombian, 5.5% Venezuelan, 2.8% Dominican, 1.3% Haitian

 

Area: 180 km2

 

Offical Language: Dutch & Papiamento

 

Currency: Aruban florin (1 Afl =0.56 USD on Mar 28th 2024)

 

GDP per Captial: $51,352 (2022)

 

How To Become A Resident In Aruba

 

Aruba offers two accessible pathways for foreigners to obtain residency through income visas: : the Residence Permit for Retirees with Guaranteed Income and the Residence Permit for Retirees or Interest-Earners without Guaranteed Income.

 

Aruba Residency Permit

 

Aruba offers two accessible pathways for foreigners to obtain residency through income visas: the Residence Permit for Retirees with Guaranteed Income and the Residence Permit for Retirees or Interest-Earners without Guaranteed Income. The former is a retirement visa for applicants aged 55 and above, while the latter caters to adults (18 or older) seeking an income visa.

 

For the Residence Permit for Retirees with Guaranteed Income, the following conditions apply:

 

You are 55 years of age or older;

 

You have a guaranteed pension income, or;

 

You have a guaranteed income from an annuity with an annual yield of at least the equivalent of Afl. 50,000,-gross or

 

You earn interest out of an investment  fund in a recognized country (Check list of recognized banks).

 

Your total yearly interest earnings are out of a deposit that has been made for two or more years;

 

The yearly yield of these deposits are a minimal worth of Afl. 50, 000 (27,800 USD),

 

In addition, this income must be from an authorized commercial bank from one of the following countries:

 

1. The Kingdom of the Netherlands;

 

2. One of the countries/Member States and candidate Member States of the OECD/OECD;

 

3. The member state of UNASUR;

 

4. The member state of CARICOM;

 

5. The countries along the sea with which the EU has an economic cooperation agreement or association agreement within the framework of the Euro-Mediterranean Partnership.

 

Regarding the Residence Permit for Retirees or Interest-Earners without Guaranteed Income, the following conditions apply:

 

You are an adult (18 years or older)

 

You can prove that you have Afl. 100,000, – per year from an asset from a bank balance or investments. There are some conditions to the bank where you have your bank balance or investments.

 

You can prove that you are Afl. 100,000 ($56,000), – to receive income from leases, related to real estate in one of the following countries:

 

1. The Kingdom of the Netherlands;

 

2. One of the countries/Member States and candidate Member States of the OECD/OECD;

 

3. The member state of UNASUR;

 

4. The member state of CARICOM;

 

5. The countries along the sea with which the EU has an economic cooperation agreement or association agreement within the framework of the Euro-Mediterranean Partnership.

 

Both permits are issued for a duration of one year, determined by the duration of the guaranteed income, and can be extended under the same conditions. The application process is streamlined and can be completed online through the official website of DIMAS (the Department of Immigration and Naturalization Services of Aruba), where you can download, fill out, and upload the application form along with supporting documents.

 

Digital Nomad Visa

 

Aruba also provides a pathway for digital nomad visa applications. However, Aruba’s digital nomad visa is valid for only three months, with a maximum extension of one time, making it less worthy of discussion.

 

Naturalization:

 

After legally residing in Aruba for 10 years, foreigners can apply for Aruba permanent residency;

 

After legally residing in Aruba for 5 years, foreigners are eligible to apply for Dutch citizenship.

 

Useful Links:

 

Aruba DIMAS: https://www.dimasaruba.aw/en/

 

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