![]() ![]() ![]() If you are thinking about moving there: better go to Germany. If you dont earn 3000-3200 net a month you will be struggling given the fact that renting a room in Amsterdam is 800-1000 EUR a month.Īnd all that misery while the corporates use the country as a black hole for taxes. The banks have a monopoly over the housing market while the government' policies favour investors over locals and working people Its not just that the income tax is high but its also the VAT that you pay for all of the stuff you buy.Īdd to that high energy, fuel and water expenses and also money for a mandatory health insurance, rising transportation costs and sum that up with criminally high rents and you get a picture of how life looks like there. If you earn at least 3k EUR net, then you may be able to afford a studio or 1 bedroom place. In general, if you're at the beginning of your career and really want to live in Amsterdam, you'll need to be ok with sharing a flat (or perhaps having a small studio somewhere around Amsterdam and commute, but finding such a studio won't be easy). Since most companies subsidize or pay fully for public transportation if you live further than 10km from work, many people opt for smaller towns around Amsterdam (but not Haarlem, as it's almost as expensive as Ams in the well connected neighborhoods). ![]() The '1300' apartment withing ring is possible, but it's only the asking price you'll see in the apartment listing- it usually means you need to cover 'servicekosten' and bills yourself- count at least EUR250 per month. It doesn't mean the prices are lower, maybe just a bit in some cases, but still you have a much better chance to find something than in the last couple of years. If you have secured a job and want to move to Ams now it's good time- I've never seen so many apartments available. Ok, it does not pay as much as Dubai or Switzerland pour better than France and UK and living here is beautiful, lots of fun, lots of diversity. I started there as an intern, it was fun but very tough (you change 6 times flat per year.). My advice: Amsterdam is well suited for professionals (not students, not interns) with a master degree working for big companies. Indeed a pint is 5-7 eur, cheaper than Paris. Think that you won t have transportation costs (biking everywhere), going out is cheap in bars and clubs, resturants are pricey but cheaper than London and you have a lot of options. Remaining per month : 1050 eur per month- (this is honestly what i was able to save) Living costs: 1000 eur incl bars and restaurants +30 ruling : 2900 eur (this lasts 5 years as an expat) I was single, rent is about 800 euros a month in a shared flat (it is the jungle to find flats and frustrating but everyone ends up finding), As a single, going out and restaurant every weekend, you need 1000 euros to live, so you still manage to save 500-600 euros per month. I started my first job with 42.5k EUR a year (24 yo), which gives about 2.4k net. ![]() I have been living in Amsterdam for 6 years, I am french. Hopefully this factual information helped your decision. Is living in the EUROZONE a good idea? ABSOLUTELY NOT !!! So everyone is taxed on everything and let's not forget VAT value added tax which is currently at 19% on anything purchased. When any country in Europe signs on to be a member of the eurozone they're automatically locked into a set percentage rate monthly just for using the euro and once a member they are legally bound no matter how badly that countries economy is doing ITS A TRAP.The eurozone must recoup losses of currency value through taxation whether it be through payroll deductions or real-estate taxes.Just renting an apartment or house anywhere within the eurozone tenants are taxed monthly just as the owner of the rental property is taxed heavily. FORTUNATELY Brexit is in full control and yes the pound is still alive and well.The euro has always had a very bad track record and the euro continues on a downward spiral against the USD.Currently the euro value is 81 cents against the dollar.Over the past 6 months the euro has been losing value against the USD. Amsterdam is the capital of the Netherlands obviously.Any investments anywhere within the eurozone wouldn't be wise especially since the UK separated itself from the eurozone trying to monopolize. ![]()
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