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Dutch tax on your assets in France

Living in the Netherlands and still own property, savings or investments in France? You have to declare them in Box 3. The Netherlands–France tax treaty stops you paying twice on property, but savings and investments stay taxable here. Here's how it works, and a calculator to see what it means for you.

Property in France

A house, flat or land in France counts in your Box 3 wealth at its value on 1 January. Under the treaty France may tax that property, and the Netherlands exempts the share of Box 3 tax that falls on it.

So you usually pay no Dutch tax on it, but you still have to declare it. It also counts when the tax-free allowance is spread over your assets, so your other wealth can be taxed slightly more.

Bank accounts and investments in France

Savings, deposits, shares and funds in France stay taxable in Dutch Box 3, just like assets here. The Netherlands is your country of residence and keeps the right to tax them.

If France withheld tax on interest or dividends, it's credited against the Dutch tax on that slice, up to that Dutch tax and the rate the treaty allows.

Converting and declaring

Convert amounts to euros at the exchange rate on 1 January of the tax year. Keep a year-end statement from the bank or broker and a valuation of any property.

Many countries automatically share account information with the Belastingdienst. If you left foreign assets out in earlier years, correcting it voluntarily usually means a lower fine than if the Belastingdienst finds it first.

Money from family in France

Gifts from parents or relatives living in France are not subject to Dutch gift tax, unless the giver is a Dutch national who left the Netherlands less than 10 years ago. From the next 1 January the money does count in your Box 3.

What France itself taxes

  • Taxe foncière stays payable on French property, and a second home still pays taxe d'habitation (it was abolished for main homes only). Rent from French property is taxed in France as a non-resident.
  • On selling French property you pay French capital gains tax and social charges, reduced the longer you have owned it, settled through the notaire at completion.

Your accounts and products in France

  • A Livret A and other French savings books count as savings in Box 3; their tax-free status in France does not carry over. An assurance-vie counts as investments at its surrender value on 1 January.
  • A French PER (retirement savings plan) is generally treated as a pension right; withdrawals while you live here are taxed in the Netherlands.

Common situations

  • Inheriting from parents who lived in France: there is no Dutch inheritance tax when the person who died lived abroad (unless they were a Dutch national who left the Netherlands less than 10 years before). What you inherit counts in your Box 3 from the next 1 January.
  • A holiday home in France: Box 3 relief applies, and France taxes it through taxe foncière and taxe d'habitation every year.

Worked example (2026)

You live in the Netherlands, single, with € 40.000 in a Dutch savings account. In France you own a home in Lyon worth € 200.000 and € 35.000 in an assurance-vie.

Box 3 tax on everything€ 4.125
Treaty relief for the home− € 3.388
Box 3 tax you pay€ 737

The home still raises the tax a little: it counts when the tax-free allowance is spread over everything you own. The tax France levies on the home itself comes on top. Sources: belastingdienst.nl, impots.gouv.fr.

Keep calculating

General information based on Dutch treaty practice for Box 3. Your own situation may differ; have foreign assets checked by an adviser if in doubt.