alt Hacker NewsThe Netherlands is taking action against the brain drain by rapidly importing highly skilled migrants through various tax lowering schemes in the first five years of living here.
However plenty of those people leave after that period. Especially with the upcoming 36% unrealized capital gains tax on all your savings and investments.
Feels a bit like ISPs giving discounts to new customers only.
Replies
johanyc • yesterday at 10:09 PM
> brain drain
Where are they draining to?
Izikiel43 • yesterday at 8:15 PM
> 36% unrealized capital gains tax
This sounds like the Netherlands speed running their way out of investments. If a country I was living in proposed this, I would be leaving ASAP, or getting some heavy financial engineering done.
This is misleading. It's actually taxing 36% of _assumed gains_ of say 5% on all assets. So if you have $1M in savings, you'll end up paying 1.8% or $18K/annum, regardless of the actual investment return. I can see it would be painful during down years, but most of the time it would be ok.