A no-deal Brexit will cost the Dutch government billions

If things don’t go to plan tomorrow with the UK government vote on the Brexit deal, then a no-deal Brexit (hard Brexit) will cost the Dutch government 2.3 billion euros (NOS). These statistics have come from the Court of Audit. And that’s not the only money that will be lost…

Why will Brexit cost the Netherlands so much money?

Well, this extra money will be due to customs and other inspections that will need to take place, as the UK will not be part of the customs union. This is expected to cost a further 700 million euros for security, staff and customs inspections. A no deal means that not only will the Dutch and other EU countries have to spend more, but it will cost the UK billions too.

However, that’s not all the money that will be lost. 1.6 billion euros will go to the EU as an additional payment as the UK has left. In 2026, this will increase to 2.5 – 3 million.

…Literally.

If a deal is accepted, then the Netherlands will be fine until the transition period is over in 2020. This gives everyone plenty of time to prepare.

Many countries, including the Netherlands are already preparing for a no deal Brexit, as with only 3 months to go, no actual deal has officially been confirmed yet. Businesses need to prepare in advance in order to try and curb any inevitable delays.

In typical DutchReview terms: What a f**king mess.

This article has already covered how Brexit is going to be bad for the Netherlands (and we have another one here). All hope is not lost, here is how Brexit may be good for the Netherlands.

What do you think about Brexit and how it will affect the Netherlands? Or any other Brexit rants you need to get off your chest? Let us know in the comments!

Emma Brown
Emma Brown
A familiar face at DutchRevew. Emma arrived in Holland in 2016 for a few weeks, fell in love with the place and never left. Here she rekindled her love of writing and travelling. Now you'll find her eating stroopwafels in the DutchReview office since 2017.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Related posts

Latest posts

7 ways a realtor will sell your Dutch home as fast as possible

So you found yourself a Dutch home, loved it, lived in it, and now it’s time to part ways. How can you sell it...

Make New York Dutch again: Netherlands lays claim to old territory

The souring of Dutch-US relations since the election of Donald Trump has finally hit a breaking point. The Dutch have decided to enforce old...

19 best things to do in Utrecht in 2025

The Dom Tower, the Miffy museum, and the inner city's sunken canals — there are tons of things to do in Utrecht. With beautiful...

It's happening

Upcoming events