What does it mean to be an “investor”? How do you qualify?

If you are going to apply with an investment company for a loan, you need to have the intention to grow as an investor. So you need proof to be able to purchase a new house within 3 years from the moment that you apply for the first loan. You can do this with savings for example that are still available after the first purchase. You can also prove this with the cash flow that you will have in the coming 3 years and be able to save enough for your next purchase.

Can non-Dutch/EU citizens purchase a property for rental purposes in the Netherlands or are there restrictions?

You do need to have an EU passport or residence permit. Because you are also going to pay box 3 wealth tax, you need a social security number. You can also apply for this if you are not living in the Netherlands.

Is there a difference for investors/landlords who are registered in The Netherlands versus those who are registered abroad?

If you are going to purchase a property in the Netherlands as an individual and you are not living in the Netherlands, your nationality is important to the lender. The moment you have a Dutch passport and live in Europe it is possible to get a mortgage. Of course, there are some exceptions.

Are there any landlords protesting against these new rental regulations, like with the Box 3 taxes being now reconsidered by the Belastingdienst?

The current Box 3 system will change. The Supreme Court has ruled that the current system is not in line with European guidelines. The government is therefore busy making new rules for the current system. This will be announced later. The goal is to have a new system by 2027.

Are you paying Box 3 wealth tax over rental income?

No, for this moment rental income isn’t taxed. Your assets are taxed in Box 3.

If we buy a second house, do we get taxed for 6,04% each year?

For now, the return on investment for the asset that you own is calculated at 6,04%. What the rate will be next year will be determined by the tax authorities. In the end, you will be taxed for 36% of the return of investment.

Can you give an example with calculations for an investment on a house, for example, 400k EUR worth? What will be the annual taxes that the landlord will have to pay?

The box 3 tax does not only depend on the house. Depends on all the assets that you have and the debts. So this is different for each individual. We can help you calculate this.

The 2-year rental model is abolished, right? Any other way to rent for shorter periods?

There are a number of exceptions to this. Groups to whom the exception will apply are students, Orphans and dependents, Divorced parents, etc. You can check this online with the government.

https://www.rijksoverheid.nl/actueel/nieuws/2024/02/02/uitzonderingen-verbod-op-tijdelijke-huurcontracten-naar-beide-kamers

How do I know if the new property, that I am buying for rental purposes, is allowed to be rented by the municipality?

This you can find on the website of the specific municipality. This is called ‘Opkoopbescherming’ in Dutch.

Does having 186 points means it will come under social housing?

Up to 186 points the rent is regulated. Use this website to get an idea of how many points your property scores and how much rent can be charged may be charged.

https://www.huurcommissie.nl/huurcommissie-helpt/huurprijscheck

Are there professional services that check your property and give it an official score? Or does the landlord score the house themselves?

There are professional services that will check the score for the property. The moment that you purchase a property and apply for a mortgage, you also need an evaluation report. The appraiser is going to check the score.

What will be the effect on the rental market for smaller Amsterdam properties with these new rental regulations?

On the website of huurcommissie.nl you can check the points for the apartment. Hereby the link:

https://www.huurcommissie.nl/onderwerpen/rent-check

What happens if 2 people buy a house together to rent it out, but one of them already owns a house in the NL and the other doesn’t?

If you are an investor and apply to an investment company, it doesn’t matter. They will just look at the property to rent out and whether it is a good investment. At the time the funding will be applied for with a regular lender, the mortgage on the current home will also be included in a reasonable assessment. The entire situation of both persons will have to be reasonable.

Do I pay a 10,4% transfer tax if I buy a new house that is yet to be built for rental purposes?

No, transfer tax does not apply in that case. However, it is good to check with the contractor if it is allowed to rent out the house. This is different for every project.

I buy a new home to live in myself and keep my own home to rent out. Do I then pay 2% transfer tax for the new home?

Yes.

I want to move to a bigger home and want to keep my current home. Do I pay a 10,4% transfer tax for the new house that I am living in myself?

No, for the house that you are going to purchase to live in yourself you will pay 2% transfer tax.

What if I would like to buy a house, live in the house and rent only a part of the house (room?)

This is possible with some mortgage providers. In that case, you will not apply for a rental mortgage, but a mortgage to live in the house yourself. Still, the monthly costs need to be reasonable on your income and the mortgage provider is not willing to finance 100% of the value. So you do need to invest some personal money in purchasing the house.

I have a house without a mortgage that I’m renting out. Can I take a mortgage on this asset to refinance another investment in a house to rent out?

Yes, this is a possibility.

Is it a good idea to invest in a shell house, which needs some repair or modification? And then, after construction work, sell it within 1-2 years? Will it also save transfer tax?

If you will sell the house within 6 months you can save the transfer tax. Mortgage providers are not financing properties that you are not going to live in yourself or going to rent out.

Are individuals allowed to buy commercial property? Do any of the new limitations apply to commercial properties like small shops?

You are allowed to purchase commercial property as an individual. You do not need to have your own company for this. The rental regulation, like the social and mid sector, is not applicable for commercial properties.

What is the transfer tax for buying a second property? Is there a difference in transfer tax if I live in the second property or rent it out? Is there a minimum required length of time living in the second property to pay less tax?

You currently pay a 10,4% transfer tax for the property that you are going to purchase for rental purposes. If you are going to purchase another property and you will move into it yourself you will pay a 2% transfer tax. At the time you go to the notary for the transfer, you will have to declare what you will use the property for. Based on that, the notary will determine the percentage of transfer tax. If you are going to move into the property yourself and also rent it out within a considerable period of time, there is no fixed period in which the transfer tax will be adjusted.

Which banks provide mortgage for the purpose of buying to rent?

There are a number of them. Examples are Dynamic, NIBC and Woonfonds. Banks such as ABN AMRO, Obvion and BLG have an option to convert the current mortgage to a rental mortgage.

Will landlords have to pay Box 3 tax on current WOZ value + gross rental income (minus mortgage, calculated at 2.47% rather than the actual real amount)? This could result in paying thousands of euros more in tax than one would receive in rent.

On the website of TaxSavers, which we are cooperating with, there is a description of the calculation of the current Box 3 system. Here you can find the link: