Tax on AOW Abroad for Rotterdam Residents

AOW benefits remain taxable worldwide in the Netherlands, also for residents of Rotterdam, unless your country of residence has a tax treaty with the Netherlands. In EU countries such as many destinations of Rotterdam pensioners, a withholding tax of 25% often applies, which is creditable in your local tax return. For non-EU countries, you must declare the AOW as foreign income with the Dutch tax authorities. The Netherlands levies a pension tax of 2% via the SVB, in addition to the box 1 levy in your Rotterdam context. For voluntary AOW insurance, you can deduct premiums as a deduction. Avoid double taxation thanks to treaties based on the OECD model. Always keep your SVB annual statements for the tax return. Do you have a low AOW? Then holiday allowance and the individual supplement are tax-free, handy for Rotterdam residents with a modest pension. For partners in Rotterdam, a joint tax return is possible via the Tax and Customs Administration. Upon emigration from Rotterdam: the AOW tax stops after deregistration from the BRP, but check the rules of your new place of residence. Specifically for port city Rotterdam: many seafarers and expats emigrate; contact the Tax and Customs Administration Abroad at +31 55 538 53 85 or visit the Rotterdam tax office at Hofpoort for personal advice. Correct declaration prevents additional assessments and fines up to 300%. Keep track of changes in your situation, such as address changes via the municipality of Rotterdam, for a smooth settlement.