Can foreigners get a mortgage in Aruba?

Yes. Non-residents can finance property in Aruba. Banks will assess income, assets, and credit. Requirements and maximum loan-to-value can differ from resident applications.

How much can I borrow?

Banks use your income, existing debts, and the property value to determine borrowing capacity. Rules and multiples vary by bank; our guides explain the basics and what to expect.

Mortgages in Aruba

Q: What is an annuity mortgage?

An annuity mortgage has fixed monthly payments that include both interest and principal. The total payment stays the same over the term, so budgeting is easier.

Considering a mortgage in Aruba? Here you'll find clear information on rates, requirements, borrowing power and the steps from application to transfer — so you can finance your home with confidence.

Overview

Who can get a mortgage in Aruba

Residents and non-residents can apply for a mortgage with Aruban banks. Lenders assess income, employment or business stability, and credit history. Non-residents may need to meet additional criteria and lower loan-to-value limits. Documentation typically includes ID, proof of income, and details of the property.

Freehold vs lease land financing

Banks in Aruba finance both freehold and long-lease (erfpacht) property. For lease land, the remaining lease term and canon can affect terms and LTV. The Kadaster holds the official records. Our guides explain how financing differs between the two and what to prepare.

Typical products and terms

Annuity mortgages—with fixed monthly payments of interest and principal—are the norm. Terms of 15–25 years are common. Interest rates and conditions vary by bank and borrower profile. There is no single regulator for mortgage products; banks set their own criteria within local law.

Documents you will need

Banks usually request ID, proof of income (employment letter or business registration), recent bank statements, and property information. For non-residents, additional proof of assets or income may be required. A clear checklist speeds up the process; our mortgage requirements guide lists what to gather.

Borrowing capacity

Banks determine how much you can borrow from your income, existing debts, and the property value. Multiples and rules differ per lender. Our guide on borrowing capacity in Aruba explains the main factors and how to estimate your range.

From application to disbursement

The process usually involves application, submission of documents, property valuation, and approval. Once the notary has completed the deed and registration (including with the Kadaster where relevant), the bank disburses the loan. Timelines vary; your notary and bank can give a typical schedule.