What changes financially when you move to Bolivia?
Tick where your income comes from. You then see which rules Bolivia and the Netherlands apply to your situation: which country may tax you, which schemes exist and how you get insured. With the source, so you can check it yourself.
This applies to everyone who moves. Tick above what applies to you, and the rest will appear.
What the Netherlands doesn't let go of
Which Dutch obligation travels with you?
Your AOW build-up stops when you leave, repairing is possible within one year
Whoever goes to live outside the Netherlands is usually no longer insured for the AOW and the Anw. Each year you're not insured, you later get 2 percent less AOW.
This is about the build-up, not about the payment. What you built up until you left stays. If you leave before your AOW age, each year until that age costs 2 percent. With a voluntary insurance at the SVB you close the gap. For that you have one year from the moment you're no longer insured. That applies to each of a couple separately.
- reduction per uninsured year
- 2% of your AOW
- apply for voluntary insurance
- within 1 year
Your Dutch basic insurance ends when you deregister
Your basic insurance stops on the day you deregister. A new policy only starts once the insurer has accepted you.
Without the CAK there is no Dutch safety net. If you're younger than sixty and put off the question until after the move, an insurer may refuse you or exclude things. So arrange your cover first, and only then take steps you can't reverse. Make sure there's no day between the end date in the Netherlands and your first insured day.
Where this comes from: The list of treaty countries for healthcare (no CAK route) and the fixed emigration rule that the Zvw ends on deregistration.
Read the whole storyThis is not tax advice
These are the rules that apply to your situation. What they add up to is not shown here. With Bolivia it comes down to treaties that aren't there: no tax treaty, a social security treaty from 2005 that never entered into force, and no healthcare treaty. Without a treaty the Netherlands keeps taxing your AOW, your pension and your annuity, and you get no tax credit. By law Bolivia taxes income from a Bolivian source; how that works out for your Dutch income, you have confirmed. Whoever goes alone gets the AOW for married people. And instead of the CAK you have the public healthcare of the SUS from the age of sixty, and a policy of your own before that. Which combination you have decides your net monthly income. Take this list to a tax adviser who knows both countries.
Still deciding between countries? Put the rules of two or three countries side by side
Then actually doing it
Knowing which rules apply is the first half. The second is applying them in time: in the right order, without missing a deadline, and with your documents at hand.
Every step on one list, free
Not ready to start yet? Then you get the departure checklist for Bolivia: every step in order, to print and tick off. With it, five mails in a week and a half about the pitfalls and the real costs. If the rules for Bolivia change, you'll hear about it. After that we ask once where your plans stand, and now and then we send one thing that fits your moment. No newsletter, and you can switch it off at any time.