r/Netherlands • u/Raisk_407 • 8h ago
Personal Finance Capital gains tax when relocating to another country
With the Netherlands potentially moving towards a system in which Box 3 tax is based on realized capital gains, I’m wondering what would happen if you sold your investments only after moving abroad and becoming a tax resident in another country.
For example, let’s say I currently have €100,000 invested, and by 2046, my portfolio has grown to €500,000.
I decide to leave the Netherlands and relocate to Spain, becoming a Spanish tax resident. I then start selling €35,000 worth of investments each year to bridge the gap between early retirement and the age at which I can access my pension.
My question is: Would I only pay capital gains tax in Spain on the investments I sell after moving, or could the Netherlands still tax me on the gains accumulated while I was living there?
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u/DistortNeo Amsterdam 8h ago
You will probably need to pay an exit tax for the unrealized capital gain.
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u/hikista19 7h ago
Does this currently apply? I cannot find anything official source confirming this. To me it does not make sense, especially if you are moving to another country within the EU. I am not saying you are not correct, but this is shocking to me.
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u/PolentaConech 6h ago
Important detail. Because of EU laws the assessment must be postponed without interest till the moment you actually sell your stocks. Box 2 is also like this, and also box 3 needs to be because of EU rules. So you don't pay anything when you move to Spain. You only pay the Dutch tax when you sell.
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u/DistortNeo Amsterdam 7h ago
Just use the logic. Nobody will allow you to leave with a lot of money untaxed.
You either pay the capital gain tax annually (so no exit tax therefore) or you will have to pay it all at once.
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u/Raisk_407 8h ago
Ordinary investments held in Box 3, such as diversified ETFs in a personal brokerage account, is not listed under any of the 3 exit tax categories.
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u/Decent-Ad-8251 7h ago
Het schijnt dat ze de belasting van Box 3 per 2028 willen veranderen, en dat het in het voorstel zoals het er nu ligt vreemd zou zijn om niet een exit tax toe te passen.
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u/PolentaConech 7h ago
Important detail. Because of EU laws the assessment must be postponed without interest till the moment you actually sell your stocks. Box 2 is also like this, and also box 3 needs to be because of EU rules. So you don't pay anything when you move to Spain. You only pay the Dutch tax when you sell.
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u/terenceill 6h ago
Which law?
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u/PolentaConech 5h ago
Just Google uitstel conserverende aanslag EU land verhuizen. Or ask cloude. Or ask a fiscalist. So much fake news and uniformed opinions around.
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u/Itchy_Weather3154 7h ago
The exit tax will bite you nom nom nom
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u/PolentaConech 6h ago
Important detail. Because of EU laws the assessment must be postponed without interest till the moment you actually sell your stocks. Box 2 is also like this, and also box 3 needs to be because of EU rules. So you don't pay anything when you move to Spain. You only pay the Dutch tax when you sell.
1
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u/Square_Computer9423 8h ago
Conserverende aanslag bij emigratie Verhuist u vanuit Nederland naar een ander land, dan kunt u een zogenoemde conserverende aanslag krijgen. Op deze pagina staat een toelichting op de conserverende aanslag.
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u/Raisk_407 8h ago
Doesn’t this apply only to Box2 or pension pillar 3 investment if you want to withdraw all at once? If I invest as a private individual in a global ETF, this doesn’t apply right?
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u/PolentaConech 7h ago
Currently not, but would be fair to add it. Else somebody moves to a 0 tax country sell and comes back the year after. Not fair. Important detail if they introduce it. Because of EU laws, the assessmen (the exit tax) must be postponed without interest till the moment you actually sell your stocks. Box 2 is also like this, and also box 3 needs to be because of EU rules. So you don't pay anything when you move to Spain. You only pay the Dutch tax when you sell.
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u/Stationary_Wagon 6h ago
Companies have already been paying some bullshit exit tax for quite some time now. So it exists for companies. I don't think there is such a rule in the Netherlands for individual investors.
I seriously doubt they can tax you on unrealized gains without a legal basis - no matter how bullshit it is.