How does rich Dutch people protect their wealth?

[Mr Gus]

You don't have to pay tax‌ on assets besides real estate located in the Netherlands and substantial interest in a Dutch‍ company.

 

[mikestachurski]

Is that confirmed? So there will be two new taxes replacing the current 'low⁠ ish' wealth tax?

 

[Mr Gus]

Well it is planned.. But unsure if technically‍ possible to implement for the tax authorities.

 

[mikestachurski]

Thanks in theory one of the 'recommendations' is to‍ keep part of the wealth in crypto on your own cold storage out of the⁠ radar of NL tax authorities... the only challange is to off-ramp it into fiat in⁤ the future... I am pretty sure if 1m euro would appear from nowhere on ABN⁣ AMRO that would be a red flag for the bank and NL tax authorities and⁢ raised some questions.....