Exit tax and Dutch box 3 in 2028: should it worry you when moving to Spain?
Lately, more and more posts have appeared about a so-called exit tax or emigration tax. Some media even suggest that everyone leaving the Netherlands after 2028 will face a hefty tax bill.
But what is really going on? And should it worry you if you want to buy a home on the Costa Blanca or Costa Cálida?
The short answer: usually not. But it is wise to understand what is changing.
What changes from 1 January 2028
From 1 January 2028, the Netherlands plans to switch to a new box 3 system. Instead of taxing a notional (fictitious) return, tax will be based on the actual return on assets: interest, dividends, rental income and, in some cases, capital gains.
Important: at the time of writing, the bill is not yet final, as it is still going through parliament.
What is the "preserving tax claim"?
On emigration, the Netherlands wants to prevent taxation from being permanently lost in certain situations. For specific assets, a so-called preserving tax claim (conserverende aanslag) may arise.
That sounds alarming, but it certainly does not apply to everyone. For most people moving to Spain, this rule probably won't apply. If you mainly hold savings, a home you will live in, and a normal investment portfolio, this arrangement often has no major consequences.
For whom does it matter?
Do you have substantial wealth, several properties, a business or complex investments? Then seek advice in advance from a tax specialist experienced in international tax matters.
Emigration is rarely only about tax
For many of my clients, moving abroad isn't about saving tax at all, but about a better quality of life: more sun, more time outdoors, less rush. The tax rules matter, of course, but they are rarely the main reason.
My advice
Buying a home or emigrating is a big step. When needed, I'm happy to connect you with reliable specialists for tax and legal advice, so you know exactly where you stand.
The box 3 rules and the proposed 2028 changes are not yet final at the time of writing. This article is general information, not tax advice.
