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Anonymous User
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Best concept you’ve ever seen?
Additional Posts in Salaries in Tech
Is it a nice idea to be close to your employees?
senior sales executive at atp
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I personally would take it, I think the hardest thing to factor in is being away from family.
The big thing to consider, in my opinion, is the impact on retirement funds if you stay long and eventually repatriate. 110k and no social security payments and possibly unusual retirement benefits from company in a country where you don't have to pay for healthcare when you retire? I'm not really sure about how this would work out because I haven't looked into it, but I think it's important to consider. $110k is not a lot to invest in your future. Also make sure that $110k goes as far as you expect in Amsterdam.
I’ve been in Amsterdam a year now. A few things to note.
1. The expat tax breaks (30% rule) have a time limit on them. I’m only staying 2 years and I can’t recall what the limit is, but if you’re planning on permanently staying here the tax breaks eventually end.
2. Healthcare is not as rosy as it seems from the outside. It’s basically Obamacare, you have to pay for it and it’s not fully covered by your taxes. Cheaper than the US, but not free as we initially thought.
3. Work life balance is definitely better, vacations days and the ease to travel everywhere in Europe is so nice. I love being in a walkable city, I was not in one in the US and it’s been a game changer for me.
4. You’ll be fine with that salary, I’m right around there as well. You need to make sure you’d receive the 30% tax break for expats as that makes a huge difference with how progressive their taxes are.
5. One thing to look into is the unrealized capital gains tax. Is an idiotic law just passed, doesn’t start until 2027 and hopefully is reverted or struck down by their courts.
I haven’t regretted a second of it, would definitely recommend
This is a great response. Such a cool opportunity!
Dig deep on the healthcare. Believe many in EU still need to buy supplemental coverage to get more than basic
It sounds like a win to me. No one is winning in North America plus Europe healthcare and education is far superior. I don’t even think if there is a wait time for specialists.
Make sure you research the housing costs there. Last time I was there, it was crazy high.
It depends on your age and goals. It sounds like a nice opportunity if you want to live in Europe for a few years.
If it’s purely financial I think the move is misguided. I also don’t think long term it pays off. The biggest points in favor are worker protections and time off. You also lose your network of friends and family that live nearby which is huge. But it could be a fun temporary situation- I lived in London for a year about 10years ago and it was a great experience but it was known to be temporary.
I moved from the west coast of the US to the Netherlands three years ago. I work in tech. The salaries are half, but the cost of living is quite different. It's quite uncommon for managers and leadership to have a technical background, which can be rather frustrating. I found housing to be difficult to manage initially, but now I am happy to have settled into new construction with no mold (finally... US housing is composting itself) a lot of the older housing here does have some moisture issues. The healthcare is subpar if you actually have any difficult or chronic issues. If you are generally well, then you might not notice. Urgent care doesn't really exist here. It's basically the affordable care act with the national mandate... It's a wholly private system. I feel quite insecure in finding the care I need to manage my multiple, complex, chronic conditions. I've genuinely considered going to Germany. It's a small country without the diversity and striving for excellence that you may have come to enjoy, consciously or unconsciously. Customer service will make you quite sad. And it's not a consumer hellscape, which is great unless you have very, very particular needs for stuff. It's all about trade offs and being reasonably well informed about what you're signing up for. Good luck 👍
Oh I forgot to mention that there is a big push for tech workers who work in English to also have an advanced understanding of Dutch. The nationalism pendulum is swinging back. It might not be as bad in Amsterdam and if you keep the same job without switching, you won't notice. I plan to stay and I am learning, but it takes a long time. It noticeably limited my options during my last job search. It wasn't always like that, even a few years ago I hear.