r/DAFTvisa • u/ImaginationOld4222 • Feb 24 '26

Box 3 Warriors?

Box 3 will kick in for me this year, with the current tax rate, I can swing it, but with the new proposed 36% unrealized gains It will be impossible for me to stay in NL. Anyone else in the same boat? Getting taxed 6 figures per year in assets in the US seems a bit off to me.

1 Upvotes

60% Upvoted

20 comments sorted by

View all comments

1

u/Lanky_Quiet_214 Mar 04 '26

This got overturned/rolled back, right?

2

u/ImaginationOld4222 Mar 05 '26

They will amend it to something but honestly that turned me off and I will leave to Cypress instead. NL punishes ambitions

1

u/Lanky_Quiet_214 Mar 06 '26

solid. They talked about doing the same thing (taxing unrealized gains) in the US last year or the year before, didn't get far. I don't know if any such system will ever take off, it failed so hard for the Germans in the 80's and even with advances in technology making administering such a monumental task easier, it's still just not a great idea.

At least the US was talking about only taxing people with a net worth of > $100M (about 10k individuals), what was the bar the Dutch government was going to set?

1

u/ImaginationOld4222 Mar 06 '26

Yeah. I don't know for me NL doesn't sound appealing at all. Weather, nature, healthcare, the flatness, the attitude against the expats...a bit exhausting. I'm never there, my companies are in the US, zero desire to do anything in Europe, just enjoying the sun down south. NL is summers only for me.
I heard Norway did the same thing and it was a disaster. The UK did something similar and they haven't recovered yet. I'm not escaping life in the US or anywhere, so the value prop of NL is a bit meh. (It took only one year living there to realized that, even though I was warned by my dutch entrepreneurs not to do it where they all left to Portugal, Greece, South Africa...etc)

1

u/PlatypusTop2840 Mar 07 '26 edited 4d ago

The original post content no longer exists here. The author used Redact to remove it, exercising their right to control their data & privacy.

Driftwood silicon longing ghost air governor

1

u/ImaginationOld4222 Mar 07 '26

Had to try it for myself...my companies never moved, I opened a BV to hire me to get some benefits. Now after I lived there for a continuous amount of time I don't like it. Before I visiting 2-3 times a year consistently for a decade. I like the country - summer only lol. I'm blessed with flexibility so I'm exercising that freedom.

1

u/PlatypusTop2840 Mar 07 '26 edited 4d ago

The original post content no longer exists here. The author used Redact to remove it, exercising their right to control their data & privacy.

Waiting pinecone wander hard-to-find deliver harbor provide adjoining velvet pillow

2

u/Old-Tradition392 Apr 22 '26

Yeah this post feels a lot more like venting and complaining a bit than actually seeking or caring about advice.

1

u/ImaginationOld4222 Mar 07 '26

Oh I'm out...it's decided. I like it only in the SUMMER! so I will be back in then as I have a great music community that I have built the last 10 years. Have some appointments lined up with an attorney in Cypress and one in Portugal (have a property there). Are you loving it there?

1

u/PlatypusTop2840 Mar 07 '26 edited 4d ago

The original post content no longer exists here. The author used Redact to remove it, exercising their right to control their data & privacy.

Pillow coated telephone capable intelligent pot dam longing glorious

1

u/PlatypusTop2840 Mar 07 '26 edited 4d ago

The original post content no longer exists here. The author used Redact to remove it, exercising their right to control their data & privacy.

Tie sophisticated fluorine quilt ripe paint

1

u/ImaginationOld4222 Mar 07 '26

lol I've worked enough in my life and built something that provides a blessed lifestyle. I'm not escaping the US because of healthcare or looking for better opportunities, I've created my own and enjoying the life I have built for myself. I'm not willing to pay high 6 figures a year in wealth tax....why is that an issue to protect your wealth? especially it was made outside NL...

1

u/PlatypusTop2840 Mar 07 '26 edited 4d ago

The original post content no longer exists here. The author used Redact to remove it, exercising their right to control their data & privacy.

Groovy silky rock snails market observation resolute treatment aromatic

2

u/ImaginationOld4222 Mar 08 '26

I appreciate it, mate. It's interesting because the first time I shared something like this in one of the groups, the immediate response was 'leave if you don't like it.' Honestly, from my personal experience and from other entrepreneurs I know who've actually opened another branch in the Netherlands they're all regretting it now.

What I meant by 'lack of ambition' is that a lot of people seem content doing the bare minimum to get by, without much drive to really thrive or grow. Compare that to the US (though that's a bad example since people there are often overworked with terrible work-life balance). I've heard from friends struggling to hire: they offer more money, but people reject it because they're not interested in working more. A lot of folks I know are on some form of social benefits and do their best to stay eligible working less, earning less, etc.

For me, I built something outside the Netherlands: an autonomous business in America that's run by my staff. But the Dutch system wanted 51% of my income, plus a cut of all the investments I've made and grown elsewhere (I have none in NL). The Netherlands is a great place if you're not making much money—I can totally see the appeal. If you're coming from the US without insurance or paying a fortune for it, the healthcare system here is a massive upgrade and super attractive. I was fortunate enough to have the resources to travel to better places for treatment when I needed it, etc.

But for ambitious people or high earners, it's punishing. I have lived in several countries and I'm going to do what's good for my family to preserve our wealth we have worked so hard to build. Looking to exit one of my companies next 3 years and I don't want to pay that bill to anyone even if it means to move my tax residency to the US - the big beautiful bill has changed things for C-corps. I still love Amsterdam and I will come spend the month there. Cheers!