This exclusive project, that is fully surrounded by a 2 meter wall, to guarantee full privacy, is not far away from the pearly white beaches of Palmbeach, bars, cozy restaurants, all possible shops and everything else you might desire, it is within distance. Oranjestad is only a few minutes driving distance.

There are 4 different types of villas with dimensions of 115 to 225 m2 built all turn key, delivered including a beautifully landscaped garden with a beautiful lawn, flowering plants, shrubs, palms and beautiful rocks.

Per January 2008 we will start on parcel 18 with our 4th house Sample Type D: A cozy living room with sliding doors to the terrace, a luxury kitchen with all appliances, 3 bedrooms, 2 baths with high quality sanitary, a beautiful entrance, a great constructed terrace and a beautiful spacious tiled garage.

Our model house can be visited by appointment. Because of the overwhelming interest timely booking is recommended. Information on other model prices and building schedules are on request.

Pictures as show from the house that is already finished are from our model type A which is recently build and sold on the same project.

Construction pictures are from type D. Construction of this house will be accomplished end of December 2007 and are already sold.

The plots vary in area from 512m2 to 860m2 and are all accessible by a surfaced road.
The plots have planning permission for villas with a residential area between 115m2 and 225m2. As an extra service we have selected four different villa types. Construction drawings of the villas are available of these characteristic Mediterranean-style villas which can be finished in full accordance with your own wishes and tastes and fitted with every conceivable luxury.

 

Please mail us and we will send you all info

info@for-sale-aruba.com

Villa Type A
Villa Type A is a stylish villa with a large living room, an open kitchen, a further room with ancillary office,
3 bedrooms with en-suite bathrooms, a spacious garage, a covered entrance, an attractive porch extending
over the full width of the house and a gazebo.

Villa Type B

Villa Type B is an attractive villa with a covered entrance, a hallway accessing a separate lounge, the dining room and the large living room. The villa has 1 large bedroom with an en- suite bathroom and a walk-in wardrobe, and 2 bedrooms with a shared bathroom. The villa also has a very spacious garage. There is an outdoor patio extending over the full width of the villa.

Please mail us and we will send you all info

info@for-sale-aruba.com

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Aruba villa type C

Villa Type C

Villa Type C is a spacious villa with a covered entrance. The hallway accesses the front room and 2 bedrooms with a shared bathroom and the toilet. The large living room with open kitchen is at the end of the hallway. The bedroom, adjacent to the living room, has an en- suite bathroom and a walk-in wardrobe. The villa also has a large garage and an attractive, covered, outdoor patio.

Please mail us and we will send you all info

info@for-sale-aruba.com

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Aruba villa type D

Villa Type D
Villa Type D is a spacious villa with a covered entrance accessing the combined living/dining room. This leads into the large living room. The villa has 1 large bedroom with an en-suite bathroom and a walk-in wardrobe and 2 bedrooms with a shared bathroom. The villa has a double garage and a protected, covered patio.

Please mail us and we will send you all info

info@for-sale-aruba.com

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Fantastic Aruba the place to be.

Aruba is situated in the middle of the South Caribbean, a 10 hour flight from Amsterdam and 2 hour flying time from Miami (Florida). Aruba lies approximately 24 kilometres north of the Venezuelan coast. The island Aruba is 31.5 km long and is 9.6 km across at its widest point. It has a total area of 112 km2.

Aruba lies outside the hurricane zone and has a wonderful climate with refreshing trade winds throughout the year. The island Aruba is also noted for its friendly population! Approximately 100,000 people live on Aruba. The population comprises a broad, international mix of well-educated, pleasant-natured people with a feeling for hospitality.

 

Discovered and claimed for Spain in 1499, Aruba was acquired by the Dutch in 1636. The island's economy has been dominated by three main industries. A 19th century gold rush was followed by prosperity brought on by the opening in 1924 of an oil refinery.

The last decades of the 20th century saw a boom in the tourism industry. Aruba seceded from the Netherlands Antilles in 1986 and became a separate, autonomous member of the Kingdom of the Netherlands. Movement toward full independence was halted at Aruba's request in 1990.
Tourism is the mainstay of the small, open Aruban economy, with offshore banking and oil refining and storage also important.

The rapid growth of the tourism sector over the last decade has resulted in a substantial expansion of other activities. Construction has boomed, with hotel capacity five times the 1985 level. In addition, the reopening of the country's oil refinery in 1993, a major source of employment and foreign exchange earnings, has further spurred growth. Aruba's small labor force and low unemployment rate have led to a large number of unfilled job vacancies, despite sharp rises in wage rates in recent years.

Tourist arrivals have declined in the aftermath of the 11 September 2001 terrorist attacks on the US. The government now must deal with a budget deficit and a negative trade balance.TAXESAruba is a small (75 sq m) island off Venezuela with a population of 87,000. It separated from the Netherlands Antilles in 1987; they both still form part of the Kingdom of the Netherlands. The legal, political and administrative systems are largely modelled on Dutch originals, but there has been some common law influence on the offshore regime.

The Aruban economy is very open and is highly dependent on tourism and offshore financial services. Most goods are imported since there are few natural resources. An important refinery was shut for a while but is now open again, mostly for trans-shipment.

There is no banking secrecy legislation as such, but beneficial ownership of offshore companies does not have to be disclosed. The jurisdiction normally responds to requests for help on tax matters, although local professionals do what they can to maintain confidentiality.

A New Fiscal Framework introduced alongside a new Dutch Tax Treaty (BRK) in response to international pressure as from 1st July 2003 abolished the distinction between offshore and onshore companies, but installed a generous participation exemption scheme which in effect maintains previous tax privileges for non-Aruban business activities. The New Fiscal Regime (NFR) which abolished its offshore regime as such, and introduced a dividend withholding tax and an imputation payment system.

Companies formed prior to the introduction of the NFR were 'grandfathered' into the NFR, with existing privileges continued until the end of 2007, meaning an effective tax rate of 2.4% to 3% for foreign-owned companies.The NFR contains a specific exemption for the Aruba Exempt Corporation (AEC), although the exemption is disapplied in the event that the AEC generates profits from illegal activities, as defined under Aruba criminal law. In such case all of the AEC's profits earned from the day of incorporation will be liable to profit tax at the rate of 35%.

The government has announced its intention to integrate the AEC into the Aruban fiscal system, probably by the end of 2005. The exact form this integration will take is not yet known. The NFR is intended to modernize Aruba's fiscal legislation in line with generally accepted standards set by the Organization for Economic Cooperation and Development (OECD), and to allow it to conclude Double Tax Treaties with OECD countries.

The government also wants to encourage increased investment and plans reductions in the effective personal and corporate income tax rates. Prior to the NFR, in order to qualify for offshore status, an Aruban entity had to be wholly owned by non-residents, and its income had to arise outside the jurisdiction; non-financial offshore operations usually take the Aruban Exempt Corporation form. However, various business sectors have specially favourable taxation regimes which reflect their international nature.

The buyer of real estate pays 3% capital transfer tax on the value of real estate purchased. Value in this case is the higher of the price paid or the value according to the prescribed valuation method.Investment incentive programmes often include exemption from the capital transfer tax.

Source www.offshoreworld.org

Please visit www.offshoreworld.org for more information

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