Individual taxation
and community charges
Personal assets tax/ vermogensbelasting
Municipal property tax/ onroerendezaakbelasting
Waste collection charge/ afvalstoffenheffing
Sewerage charge/ rioolheffing
Water authority tax /waterschapsbelasting
Homeowner association fees/ VvE bijdrage
Ground lease/ erfpacht
Personal assets tax
Nonresident individuals are liable to pay tax on their assets in the Netherlands.
For 2023, a flat tax of 32% is levied on the deemed yield of the net assets. As of 2017, the applicable deemed rental yield depends on the value of the assets and they are taxed at progressive rates. For 2022, there is a standard deduction of €50 650 for each individual and for 2023 - €57 000.
Examples personal assets tax 2023
Asset value
Taxfree threshold
Taxable amount
Tax
Effective tax rate
€250 000
€57 000
€193 000
€3 811
1,52 %
Asset value
Taxfree threshold
Taxable amount
Tax
Effective tax rate
€550 000
€57 000
€493 000
€9 734
1,77 %
Examples personal assets tax 2024
Asset value
Taxfree threshold
Taxable amount
Tax
Effective tax rate
€250 000
€57 000
€193 000
€4 197
1,68 %
Asset value
Taxfree threshold
Taxable amount
Tax
Effective tax rate
€550 000
€57 000
€493 000
€10 720
1,95 %
Municipal property tax
This is an annual flat tax levied on the official listed value (WOZ value) of the real estate property. The rates differ by the municipaliy. Municipal Property Tax rates for residences in some cities in 2024:
Amsterdam 0,0462 %
The Hague 0,0545 %
Rotterdam 0,0683 %
Sewerage charges
Waste collection charges
The owners of residential properties, houseboats and business premises pay annual sewerage charges for their connection to the sewer. The fixed rate for home owners in Amsterdam in 2024 is €166,85- per premise.
Tenants or owner-residents pay a waste collection charge (afvalstoffenheffing) for the collection and disposal of household waste. The amount depends on the number of residents in the household.
Waste collection tax in 2024 in Amsterdam
€352 for single-person households;
€469 for multi-person households (two or more people, including babies and children).
Water authority tax
Ground lease fee
The Regional Public Water Authorities charges a water authority tax, which pays maintenance of dykes and running water, water management and water purification. The water tax is levied on the WOZ property value.
Ground lease refers to the rent of the land on which your property is situated. The leaseholder in this case is the municipality. Buying a property the owner signs a lease for the right to use the ground for a certain period of time (timeslot or tijdvak). In a leasehold, the owner pays the leaseholder a ground rent (canon).
Homeowner Association fees
HOA fees have a couple of intended purposes: to keep shared spaces within a community maintained and to create rules that prevent a single homeowner from making a change to their home that lowers everyone’s property values.
What do HOA fees cover?
Insurance. This only includes insurance for damage to areas within the purview of the HOA, such as common spaces or the outside of the building if you live in a condo. You’ll still need an individual insurance policy to cover everything you’re responsible for.
Lawn care. Common areas that require lawn care and gardening will be taken care of by the HOA. Snow removal for shared roads and parking lots may also be included as part of your fees.
Maintenance and repairs. A part of your monthly fees will also be allocated to maintaining and repairing common areas and shared structures. This can include the outside walls and roof of the building (if you’re in a condo), parking lots and neighborhood roads.
Amenities and services. Some HOA communities include access to amenities such as a fitness center for all the residents. The HOA may also provide certain security services. High-end communities have the highest HOA fees, often exceeding a couple of hundred euros per month.
Reserve funds. A portion of the fees you pay will be set aside into the HOA’s reserve, which is a savings account that the association can dip into for unexpected or irregular expenses.
Capital gains
No capital gains tax is levied on the profits realized on the sale of Dutch real estate owned by a nonresident individual unless the nonresident individual is engaged in a trade or business in the Netherlands and the real estate is one of the capital assets of the business.