Amsterdam is the capital and largest city of the Netherlands. The city is the financial and cultural capital of the Netherlands. Many large Dutch institutions have their headquarters there, and 7 of the world's top 500 companies. The Netherlands is in Western Europe, bordering the North Sea, between Belgium and Germany. The climate is temperate marine with cool summers and mild winters. The official language is Dutch. English, German and French are also widely spoken, especially in cities and main tourist areas. A few polite phrases in Dutch will be appreciated. The main religion is Christianity. The Netherlands has a prosperous and open economy in which the government has reduced its role since the 1980s. Industrial activity is predominantly in food-processing, Financial services, chemicals, petroleum refining, and electrical machinery. Dutch people generally value honesty and decisiveness. An indirect approach may be perceived as devious or untrustworthy. In business the use of first names is not automatic. Expatriate business dress is relatively conservative, comprising dark suits with neutral shirts. The security risk for expatriates in the Netherlands is low. Risks include street crime such as pickpockets and bag-snatching in tourist areas, and the underlying threat terrorism. The currency of Netherlands is the Euro (EUR). Banking is on a par with the rest of Western Europe and North America. Medical facilities are good, however the cost of treatment for expatriates from outside the EU can be high. The population of Amsterdam is 1.4 Million (Urban) (2019 est.), while the inflation rate (CPI) is 2.9% for the Netherlands as at April 2019. Xpatulator Hypothetical Tax for Netherlands is based on the current personal income tax rates which are progressive up to 51.75%.
Cost Of Living
The cost of living for expatriates / professional migrants in In Amsterdam, the cost of each basket, based on local prices, compared to the international average, is categorized follows (Exact cost of living percentages only available in personalised reports): Amsterdam as at 1 April 2019 is very high in comparison to other places in the world. 1) Alcohol (where available) & Tobacco: Low 2) Clothing: Very High 3) Communication: High 4) Education: Average 5) Furniture & Appliances: High 6) Groceries: High 7) Healthcare: Average 8) Household Accommodation: High 9) Miscellaneous: High 10) Personal Care: High 11) Recreation & Culture: Very High 12) Restaurants Meals Out and Hotels: Very High 13) Transport: Very High Amsterdam is for example 25.6% more expensive than Houston TX for groceries, 35.3% more expensive for household costs than Kuala Lumpur, and 125% more expensive for transport costs than Dubai. The hardship premium for Amsterdam for an expat from Perth, is for example 0%, i.e. host location (Amsterdam) premium of 10% minus home (Perth) location premium of 10%. Amsterdam is ranked as a minimal hardship location. Want to know more about cost of living, hardship (quality of living) or expat salary in Amsterdam? Register subscribe to your home location and Amsterdam and run your personalised reports.