Aruba Country Summary
Sanctions
Lower Concern
FATF AML Deficient List
Lower Concern
Terrorism
Medium Concern
Corruption
Lower Concern
US State ML Assessment
Higher Concern
Criminal Markets (GI Index)
Medium Concern
EU Tax Blacklist
Lower Concern
Offshore Finance Center
Higher Concern
Please note that although the below Summary will give a general outline of the AML risks associated with the jurisdiction, if you are a Regulated entity then you may need to demonstrate that your Jurisdictional AML risk assessment has included a full assessment of the risk elements that have been identified as underpinning overall Country AML risk. To satisfy these requirements, we would recommend that you use our Subscription area.
If you would like a demo of our Subscription area, please reserve a day/time that suits you best using this link, or you may Contact Us for further information.
Anti Money Laundering
FATF Status
Aruba is not on the FATF List of Countries that have been identified as having strategic AML deficiencies.
Sanctions
There are no international sanctions currently in force against this country
Criminality
Rating |
0 (bad) - 100 (good) |
|---|---|
| Transparency International Corruption Index | NA |
| World Bank: Control of Corruption Percentile Rank | 75 |
Economy
Aruba has a small, tourism-dependent economy that has been significantly affected by high public debt and the COVID-19 pandemic, which severely disrupted economic activity. Tourism accounts for approximately 75% of the gross national product, and despite challenges, the island's GDP per capita remains among the highest in the Caribbean, indicating a relatively prosperous economy.
Aruba's investment climate is favorable for foreign investment, particularly in tourism and real estate, supported by a stable political environment as part of the Kingdom of the Netherlands. The government has established free trade zones to stimulate economic activity and attract international business, although challenges such as high public debt and the need for financial supervision persist.
Buy Full Aruba Report
$125 one time payment
- Risk Analysis
- Corruption
- Economy
- Sanctions
- Narcotics
- Executive Summaries
- Investment Climates
- FATF Status
- Compliance
- Key Findings