What changes financially when you move to Guyana?
Tick where your income comes from. You then see which rules Guyana 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.
Which country may tax
Which part of your income may your new country of residence tax?
After more than 183 days you're a resident of Guyana
If you live in Guyana permanently, or are there more than 183 days in the year, you're resident there for tax. Guyana taxes income from Guyana or elsewhere.
The law puts it like this: taxed is income "derived from Guyana or elsewhere, and whether received in Guyana or not". Whoever isn't ordinarily resident in Guyana or isn't domiciled there pays on income from abroad only for the part received in Guyana. Without a treaty the same income can thus be taxed in two countries.
- resident
- after more than 183 days in the year
What the Netherlands doesn't let go of
Which Dutch obligation travels with you?
Your AOW build-up stops on departure, repair 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 the payment. What you built up until your departure stays. If you leave before your AOW age, each year until that age costs 2 percent. With 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 on deregistration
Your basic insurance stops on the day you deregister. Your new policy only starts once the insurer has accepted you.
Without the CAK there's no safety net. If you put off the insurance question until after the move, an insurer can refuse you or exclude things. So arrange your cover first, and only then take steps you can't undo. Make sure there isn't a 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 Guyana it comes down to three treaties that don't exist: no tax treaty, no social security treaty and no healthcare treaty. Without a tax treaty the Netherlands keeps taxing your AOW, your pension and your annuity, and you get no tax credit. Guyana taxes you as a resident after more than 183 days in the year. The law names "pensions" in one sentence with benefits for government staff; how far that exemption reaches is unclear. The GRA writes "pension may not be taxable". Have it confirmed in writing before you leave. Whoever goes alone gets the AOW for married people. And instead of the CAK you need a policy of your own. 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 Guyana: 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 Guyana 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.