The land tax 2024 assessment is on its way.
ORANJESTAD - The Tax Department recently mailed the 2024 land tax bills, which will arrive in your mailbox soon.
The bills are dated May 31, 2024. Anyone who owns a home and/or piece of land in Aruba or has obtained land in a long lease or usufruct must pay land tax. How much land tax you have to pay depends on the taxable value of your home and/or plot of land. To calculate the tax rate, it is important to determine the market value of the house or plot of land. Based on this value, the calculation is made, considering the rate stipulated by law.
The law indicates that you can pay the land tax in full at once or in installments. Please read the invoice carefully for the terms of payment.
Terms of payment
Terms of payment as stipulated by law:
Land Tax 2024 dated May 31, 2024 | ||
| Payment terms | Deadline | Amount due according to the law |
| First 2 payment terms | July 1, 2024 | 50% of the billed amount which covers the 1st and 2nd quarter (January – March and April – June) |
| Third payment term | September 30, 2024 | 25% of the billed amount that covers the third quarter (July – September) |
| Fourth term | January 3, 2025 | 25% of the billed amount that covers the last quarter (October – December) |
| January 4, 2025, is the deadline when the land tax assessment 2024 must be fully paid. | ||
Preferably Pay Online
It is possible to pay at a DIMP office, MFA, or via the bank. The Tax Department recommends paying the tax online via the bank, preferably via Aruba Bank, CMB, or Banco di Caribe. The system of these banks is automatically connected to the DIMP system, and all transactions are recorded on the same transaction day. When paying online, select Bill Pay and NOT "transfer". Please include the type of tax you are paying; land tax 2024, invoice number, and your tax number.DIMP can process the payment correctly.
Payment Arrangement
Customers who cannot afford to pay the bill as indicated in the fixed-term payment schedule may request a payment plan. You must make this request as soon as possible. This way, the client can avoid DIMP continuing with the collection process, which can gradually become more severe, potentially resulting in extra costs for the client.
For more information about the property tax assessment, call DIMP at 522 7423 or 522 7424.
