Why do so many US professionals relocate to the Netherlands?
One major reason is the Netherlands 30% ruling, a tax incentive designed to attract highly skilled international workers.
In this clip from Passport To Wealth™, Kaitlin Krozel, CPA explains how the Dutch government created the 30% ruling to make the Netherlands more competitive for global talent working in multinational companies, technology, finance, and research.
Here is how the 30% ruling works for qualifying employees relocating to the Netherlands:
• Up to 30% of gross salary may be tax free
• Designed for highly skilled migrants hired from abroad
• Originally lasted up to 10 years
• Currently limited to 5 years under updated rules
Considering the Netherlands has a top tax rate of 49.5%, this incentive can make a significant difference for US expats evaluating relocation opportunities in Europe.
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Moving to the Netherlands? This Tax Break Could Save You Thousands
