alt Hacker NewsIn the Netherlands we return 30% of your taxes in the first 10. So we welcome you as well. We may pay less compared to the USA but we have health care, better work life balance and we all talk English.
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toephu2 • yesterday at 6:32 PM
Isn't the primary tongue of locals in the Netherlands Dutch? Yes you know English, but don't the locals speak Dutch or German to each other?
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the first 10 what? Years? It's actually not like that: https://www.government.nl/topics/income-tax/shortening-30-pe...
From 1 January 2024, expats who meet the conditions receive the following tax benefits:
- 30% tax free for the first 20 months;
- 20% tax free for the next 20 months;
- 10% tax free for the last 20 months.
So that's a tapered reduction over the first 5 years and the amount of money that you gain after tax is between negligeable and insultingly small.
Basically in its current form "The Dutch 30% ruling" is not really worth it, if you want to move to The Netherlands do it for other reasons, and the advertisment of this mechanism feels borderline disingenious in its current form.