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Hi, If I am NL tax resident but my dad who never lived in NL / never was tax resident in NL will pass away and I will inherit 'wealth' after him or if he decides to give it to me while he still lives, will I have to pay wealth tax in NL? Ultimately, it would be a gift from a none resident so...

Does anyone know how rich and famous people from NL avoid paying wealth tax in NL? I would be surprised if they willingly pay wealth tax on their millions sometimes billions of euros passed from generation to generation or earned from being football player, celebrity etc. Any ideas?

no one like to pay taxes ;)

The reason is that the 'wealth' is not cash which would work ok to keep it in BV but mix of stocks and crypto.

@FantomOffshore I think they have been talking about changing it by 2025 but now with the court case won by someone I read somewhere they want to do it faster. If the fictional 4% rate they are using now will go away I agree the taxes will only going to go up as they will be based on 'actual'...

hi @johndunham it is 0% if it is given in the first line (father to son, husband to wife etc) it is confirmed. I am polish myself and have many friends etc. who have received gifts from their parents etc. and didn't have to pay tax on it.

Thank you @WIE7 and @FantomOffshore for your answers / advices really much appreciated. What about a solution in which I will gift my wealth to my father who lives in Poland *there is no gift/inherit tax in Poland (0%) *I have left NL last year so I am no NL tax resident (no gift tax) After it...

Hi I was wondering if someone have explore setting up trust in UK to avoid paying box 3 wealth tax in NL? To be more specific I used to live in NL till 2021 and I was covered by 30% ruling (didn't have to declare worldwide assets and pay taxes on them). I left NL in Dec 2021 and I am...

If you only want to avoid capital tax gains Netherlands is the country for you.

Can you elaborate? So if I get it right you say that you can get Dubai Residence Visa through forming a Company in Dubai and the Dubai Residence Visa will allow you to open bank account in Dubai which you can use as you pleased correct? To open bank account you need to be in person in Dubai...

Really valuable inputs thanks for that.... very much appreciated. So I am left with 2 options (1) Pay 1.5-2% wealth tax every year and stay in NL or (2) Fu&* off from NL and maybe sell small portion before I do that to have nice cash flow either from renting out property or dividend paying stocks

no problem thanks for all previous comments / thoughts really helpful

Another mental challange :) I paid in €1m in crypto into BV it appreciates in value over time I got €2m in BTC now and I benefited as I avoided wealth tax (if I would keep it as private person) Now 1-2-3-5 years later I decided to sell €1m of BTC (out of €2m that BV holds) and BV...

That is interesting to know.

So basically I would get 650k (out of €1m profit) into my pocket - would I have to pay income tax on it as well as individual? So hypothetically I am putting €1m into BV and next year it is €2m I want to cash out I pay €430k in taxes for that keeping it as individual €1m goes up to...

(1) I believe it will go a lot more in the next 10-20 years (that is my time horizon) so don't won't to get out from this 'bus' (2) I might sell a little selling everything would create another problem where to invest the cash from sale (I am not a big spender and don't care about showing off...

I am considering f... of from NL by end of the year but than there is nowhere in Europe really where you can go and sell BTC without paying capital tax gains... yes there are Dubai's of this world, Monaco etc. but I am not ultra rich to live in these places

(1) I didn't know that the dividend taxes are tax deductible that is new to me - need to read more about it and talk with my accountant - thanks for the tip (2) I use Celsius and 2 other CEFI solutions to earn yield on my BTC (I only risk like 10-15% of my total stack) (3) My friend opened BV...

I agree Dutch Tax man is experienced in those kind of things vs. Poland or Estonian Tax man :) So for asset like BTC (if you have decent amount) you would rather hold it as private person not in BV - that would be your advice? (of course not financial advice bla bla bla) :)

The only challange is that if you have e.g €2m in BTC and pay 'let's say 1.5% wealth tax on it' you will need €30k to cover this tax bill. If you don't have cash flow to cover it you will have to sell your assets (BTC in this case) to cover the tax bill. It is different if you would have...