International wealth brings opportunities, but also challenges. From tax laws to legal complications, estate planning across borders can be complex and time-consuming without the right strategy. Whether it is a holiday home abroad, international investments or family members with different nationalities, a good plan ensures that your assets remain protected and are transferred in the best possible way.
We help you maintain insight and control. With our international expertise and local knowledge, we ensure that your assets are properly structured and that you meet all tax and legal obligations, without unnecessary tax burdens.
We offer clarity in legal and tax structures, so you know which law applies and which tax rules apply. We help you optimise gift and inheritance tax, structure your assets across multiple countries and record choice of law and wills. Thanks to our global network, we work with local experts, so you always have the right knowledge and a solid asset strategy.
International estate planning gives you complete control and security over your assets, wherever in the world your assets are located. It helps minimise legal and tax risks and avoids unexpected complications in asset transfers. It also offers the chance to optimise tax burdens and use your wealth efficiently for future generations. With us as your partner, you benefit from well-structured and optimised assets, reduced tax risks and full compliance with international legislation, backed by local and global expertise.
Please contact our specialists for more information about our services.
Grant Thornton Netherlands is a member of Grant Thornton International Ltd (GTIL), one of the world's largest networks (#7) of independent accounting and advisory firms, with 73,000 professionals in over 150 countries. From eight Dutch offices, more than 700 professionals support our clients with advice and guidance in the fields of accountancy, tax, and (financial) advisory. We deliver world-class expertise in a way that seamlessly aligns with each client's unique situation. We operate from a solid foundation with a flexible and results-driven mindset.
Tax rules for a holiday home abroad vary from country to country and can affect both income tax and wealth tax. In the Netherlands, you have to declare your foreign holiday home in box 3 of income tax, but the country where the home is located often taxes the property or any rental income as well. This can lead to double taxation, which in some cases can be reduced by tax treaties or double taxation relief through the Dutch tax return. In addition, local levies such as property tax or tourist tax may apply. A good tax plan helps avoid unnecessary expenses.
The legal implications of having assets in multiple countries can be complex, especially in inheritance law, matrimonial property law and taxation. Each country has its laws and regulations, which can create ambiguity about which law applies. For example, a will that is legally valid in the Netherlands may not automatically be recognised in another country. In addition, some countries may impose inheritance tax based on the location of assets, while others look at the residence of the heir or deceased. To avoid legal complications, it is wise to seek international legal advice and, where necessary, to record a choice of law in wills or prenuptial agreements.
Double taxation on international assets can be avoided by using tax treaties and domestic regulations. The Netherlands has concluded treaties with many countries to avoid double taxation of assets. Depending on the situation, tax may be credited or an exemption may be granted. With a holiday home abroad, for example, it is often the case that the country where the home is located may levy tax, while the Netherlands offers a reduction in certain cases. Gifts and inheritances are subject to ‘fictional residence’, which allows Dutch citizens to remain subject to Dutch gift and inheritance tax for a period after emigration. Sound international tax planning helps minimise unwanted taxation.