No transfer tax for Expat starters up to 35 years old

From 2021, home buyers under the age of 35 will not have to pay a one-off transfer tax.

In the first three months, this exemption is independent of the price of the house.

From April 1, 2021, the scheme only applies to houses up to € 400,000. So on a house of € 300,000 that saves € 6,000.

The conditions for the starters exemption for transfer tax at a glance

The buyer must meet a number of conditions to make use of the transfer tax exemption.

  • The purchaser is of legal age (18) and under 35 years of age.
  • The buyer buys a house.
  • The buyer has not previously received the start-up exemption for transfer tax and declares this in writing.
  • The buyer will live in the house himself (the so-called main residence criterion). To this end, the buyer fills in the Statement of Transfer Tax Starter Exemption.
  • The home is not more expensive than € 400,000 if the transfer is after March 31, 2021 (until that date, this home value limit does not apply).

Exemption applies to the transfer of a home from 1 January 2021

The moment of transfer at the notary is decisive, not the moment of signing the purchase agreement. The exemption applies if the transfer of a house takes place at a civil-law notary on or after 1 January 2021. In addition, the exemption from 1 April 2021 only applies to houses of € 400,000 or less.

No transfer tax for starters up to 35 years old

No transfer tax for starters up to 35 years old

Read more about it on rijksoverheid.nl (Dutch government)

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