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How to get Aruba citizenship for investment?

September 23, 2024

How to get Aruba citizenship for investment?

EU citizenship is a guarantee of a comfortable and peaceful life, the possibility of visa-free travel, study in the best educational institutions, loyal conditions for business and many other advantages. There are not so many passport programs in Europe, and they are very expensive. For example, to get a Cyprus passport, you will have to invest 2 million euros.

What to do if you really want to get a European passport, but there is not enough money, and the deadline is “not burning”? The ideal way out is Aruba. A small island located in the Caribbean Sea offers a very profitable residence permit program. “What does the EU have to do with it?” - you ask. With the fact that Aruba is part of the Kingdom of the Netherlands. Therefore, by applying for a residence permit on the island, in the future you will be able to apply for Dutch citizenship.

EU passport through the “golden visa” of Aruba

So, first of all, you need to issue a residence permit for Aruba. You can do this both through the purchase of housing, and through business immigration.

If you will formalize your status as a businessman, you must meet one of the proposed conditions:

Be the CEO of a firm with annual sales of $5,000,000 or more.

To be an investor who has the right to obtain a license National Ordinance of Establishment of Companies and at the same time hold shares of $ 70,000 or more.

To be an investor without the right to a license of National Ordinance of Establishment of Companies, but hold more than 40% of the shares of the firm in Aruba for an amount of $28,000 or more.

With the purchase of real estate everything is much simpler. You need to buy housing for the amount of 200,000 dollars. There are many options on the island - from ordinary houses to luxury villas. The object can be rented out, which per year brings about 12% of the cost.

Residence permit is issued for one year. Further it must be constantly renewed. After five years of stay in the status of residence permit, you will be able to apply for citizenship. By the way, in order to obtain it, you must pass the Dutch language exam.

Other ways of obtaining citizenship of Aruba (Netherlands)

Citizenship can also be obtained by marriage to a citizen/citizen of Aruba. But it is not that simple. You will have to go through a lot of interviews and tests to prove that your relationship is not fictitious.

Also, it is possible to obtain citizenship through employment. Naturally, it must be an official place of work. First you will get a residence permit, live in this status for several years, and then you can apply for a passport. Foreigners, as a rule, find themselves in the sphere of tourism and service.

Conclusion

Buying real estate in Aruba is an easy and cheap path to EU citizenship. Literally $200,000, a five-year wait, a Dutch language exam, and you're a Dutch citizen.

Buy Aruba Passport 2020. The sunny Caribbean island that opens the way to Europe

Aruba deserves all kinds of epithets! It is called the island of European culture in the Caribbean, the Mecca of water sports, the best vacation spot in the Western Hemisphere and the Caribbean Netherlands.

The latter comparison is based on a real fact - any citizen of Aruba automatically becomes a citizen of the Kingdom of the Netherlands. Are you intrigued? Well, anyone can get an Aruba passport if they wish! To do this, you only need to fulfill one condition - to participate in a local investment program. And a little patience. However, everything in order.

Wonder Island off the coast of South America, or 5 facts to get acquainted with it

Our article will be devoted to how, investing in the economy of Aruba, to formalize local citizenship. But, you should at least know a little about this country when you “register” in it. To begin with, here is a map showing Aruba.

Obviously, the island is located very close to Venezuela. They are separated by a strait about 30 kilometers wide, and in clear weather from the beaches of Aruba you can see the vague outlines of South America on the horizon.

So, the promised facts for acquaintance.

The area of the island is only 193 km², and even on the territory of the tiny, according to our concepts, Netherlands, it would fit 232 times!

This island, like most of its Caribbean “brethren”, is volcanic in origin. But, unlike them, it is a part of a huge South American plate, “stepped” a little deep into the ocean. This fact is important for the inhabitants, and therefore for investors, because earthquakes and volcanic eruptions are practically excluded here.

The climate of Aruba is unique. There are no seasonal hurricanes on the island, which are a real disaster for the Caribbean region. In all seasons the weather is flat, sunny, without sharp changes in temperature and humidity, accompanied by gentle winds - trade winds.

Important! This information is not for red words. It means that the holiday season here lasts practically all year round, and housing for rent brings year-round profit.

The sea in the bays of Aruba is quite calm and the trade winds blow constantly, so prestigious world-class yachting, windsurfing and kitesurfing competitions are held here.

The political status of Aruba is a self-governing state, which is a part of the Kingdom of the Netherlands.

Why do many investors seek Aruba citizenship?

The most important “secret” of these aspirations lies in the last, fifth point of the above. By obtaining a passport of Aruba, the applicant automatically becomes a citizen of the Kingdom, and thus a citizen of the European Union, with all the resulting preferences and opportunities.

But to become a resident of the Netherlands, trying to do so in Europe, is very expensive and difficult. This developed, rich country does not need the money of immigrant investors. And by investing in Aruba, you can reach the desired goal much cheaper and easier.

Mechanism for obtaining Aruban citizenship

It involves several steps.

The applicant must participate in a local investment program by taking advantage of one of its points. (We will talk about the program itself a little later).

Immigration authorities, having made sure of the investment and having checked the whole case of the applicant, issue him a residence permit visa for 1 year.

In the future, this temporary resident status must be renewed annually, keeping the conditions of the investment. The renewal procedure can, if desired, be carried out remotely.

After the investor has spent 5 continuous years in the residence permit status, he/she gets the right to apply for Aruba citizenship. It is, as we have already said, practically equal to the citizenship of the Netherlands.

Attention! In order for the application for a passport to be granted, it is necessary to pass a language test. The second condition is that you must have lived in Aruba for at least 183 days a year for the last 3 years. However, the experience of our company GARANT.in shows that in cooperation with lawyers who know the situation, this condition can be bypassed.

Aruba investment program options

If you study them in detail, it may seem that the program is quite complex, consisting of many points. In fact, most of them are not universal, referring to various kinds of large shareholders and company executives.

Only one option is convenient and universal, and we in the company advise our clients to use it. The conditions here are simple and clear: to obtain the status of residence permit, you must purchase real estate on the island in the amount of $ 200 thousand.

Of course, to this amount must be added some other payments, primarily the fee, notary services, etc. But such additional payments exist in all other countries.

Attractive is the fact that the investor has the right to immediately rent out the housing, either independently or through a hired management company. Thus, the invested money begins to bring profit (remember what we said about the year-round benefits of renting!). After five years, when you get a second passport, the property can be sold, recovering the money you spent on it.

Who benefits from obtaining Aruba citizenship?

First of all, this scheme is suitable for investors whose main goal is to obtain a passport granting the rights of an EU citizen. The amount of investment is important for them, but the waiting time for citizenship is not so important. After all, for “fast” EU passports you have to pay much larger sums (for example, under the programs of Malta or Cyprus).

It is also important that Aruba provides excellent opportunities for luxury vacations, it is generally convenient and comfortable for the whole family to live here, if desired - all year round. It has established active air communication with Europe and the USA. For example, an airplane from New York to Aruba takes about 5 hours, and from Miami - no more than three.

Attention! Temporarily being in the status of residence permit in Aruba, the investor does not have the right to visa-free visit to Schengen countries, but can easily get a multi-visa to the U.S., Canada and EU countries.

We have become acquainted with a very interesting country for investors. It is not yet as well known among entrepreneurs from the former Soviet Union as some other “hyped” states, and this is even a little surprising. After all, the prospects for investing and obtaining citizenship Aruba - agree - provides excellent!

Our company GARANT.in already has experience in working on cases for Aruba residence permit. He says that if the package of documents is prepared without errors (and this is impossible to do without the help of professionals), the desired temporary residence card can be issued in 3-5 months. In the future, we do not abandon our client, and help him to obtain a passport of Aruba (Netherlands).

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