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AROUND THE BRANCHES: Living and Working in the Netherlands

Register and apply

You will need to be registered on the Personal Records Database (BRP) at your local town hall or you may not receive the necessary IND residency correspondence. Importantly, the same process will apply to all UK nationals who move to the Netherlands during the transition period.

An application for residence documents can be made online and costs €58 for adults (€31 for anyone under 18). If you receive a temporary residence document, this will be valid for 5 years; a permanent residence permit is valid for 10 years. You will need a Dutch bank account to make your IND application. This is because the online payment system iDEAL requires this of all users.

What about your EU citizen document?

It is important to remember that your EU citizen document (EU duurzaam verblijf) will no longer be valid after Brexit. The exception is if you have a Dutch passport or another EU passport in addition to your UK passport – visit your local town hall to make sure you have your EU citizenship registered as your main nationality.

UK nationals with privileged status

The residence rights of UK nationals with privileged status will be unaffected by Brexit. This is because international conventions dictate that the employees of embassies, consulates and other international organisations who have been afforded diplomat status can remain in the Netherlands without additional documentation – the same is true of their families. As such, if you enjoy privileged status you will not need to submit an application for residence.

If you enjoy privileged status and have been invited to apply to the IND, you should contact your local town hall to ensure that your PROBAS notification has been registered – be sure to bring along your Ministry of Foreign Affairs identity card.

UK nationals who are temporarily outside of the Netherlands

If you are registered with the BRP but are temporarily living abroad, you should register to receive emails from the Dutch government. You will then receive a digital invitation letter to apply. Register online by clicking here.

Stay updated

All UK expats in the Netherlands should sign up to receive digital communications from the Dutch government regarding residence and other important issues. You can do this here.

Blacktower FM in the Netherlands

While you take care of your residency rights, Blacktower can take care of your wealth management plans, helping you to make sure that your retirement plans align with your goals, and that your investments are sufficiently diversified to enjoy the best chance of future prosperity.

For more information about us and our services, contact us today to discover the Blacktower difference. We are here to help with lots of knowledge about life in the Netherlands as well as our financial advice offering.

This communication is for informational purposes only and is not intended to constitute, and should not be construed as, investment advice, investment recommendations or investment research. You should seek advice from a professional adviser before embarking on any financial planning activity. Whilst every effort has been made to ensure the information contained in this communication is correct, we are not responsible for any errors or omissions.

Other News

Premier FX collapse – What to do next for customers

Portugal Flag and EurosThe collapse of foreign exchange company Premier FX in the Algarve has caused shockwaves throughout the expat investor community in Portugal, with many customers now confused as to where they go from this point.

The death of founder Peter Rextrew on June 16 appears to have precipitated financial meltdown for the firm and on the 13 August administrators were appointed.

Customers who have their expat regular savings in Portugal tied up with the forex company and anyone who has sent money to the firm, should now provide as much information as possible to the administrators.

Read More

Expats with regular savings encouraged by new buy-to-let offerings

Terraced HousesGood news for UK expats with regular savings; lenders are introducing more buy-to-let mortgages specially designed to provide for the needs and circumstances of British expats. Until now there has been a shortage of viable deals, despite the fact that demand has been, and continues to be, strong.

Surprisingly, it is not expats from traditional destinations such as France and Spain who are likely to be the main customers of the buy-to-let deals. The United Arab Emirates and Dubai are reported to be the major markets for UK expat buy-to-let mortgages.

However, the mortgages will not be available to all expats. For example, expats resident in Australia, South Africa, Kenya and 89 other countries will be ineligible to borrow from the main provider, Skipton, and as such will have to look elsewhere before using their expat regular savings to make a buy-to-let investment.

Read More

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