Is it worth to move from California (San Jose) to Amsterdam?

Member since 30 October 2018

ExploreEuropeNew member02 November 2018 04:09:25

https://thetax.nl/?year=2018&startF … ormaluding 13th-month package) is $95000 + 10000 one time sign on bonus. We are eligible for 30% ruling.

We have two young kids. We expect to send one to a childcare and another one stays with me at home.

From my research, we are not eligible for childcare benefit, since my wife is not going to work. We expect to have the following expenses:
~2000 towards rent,
~1500 towards daycare,
~ 300 insurance,
~700 towards food and other necessities

If I calculated correctly, our monthly paycheck should be ~6500
https://thetax.nl/?year=2018&startF … ice=normal

So we should have $2000 left for other things. We also plan to do 1 or 2 train trips a month to other cities or neighboring countries.

Does my math make sense?

Cynic UK/Netherlands Expert

Member since 15 September 2015

CynicUK/Netherlands Expert02 November 2018 10:09:11

8059

Hi - regarding your calculation link to TheTax.nl, you forget to check the Social Security box - these taxes are compulsory in Holland; they reduce your calculation by about 800 euro.

ExploreEurope New member

Member since 30 October 2018

ExploreEuropeNew member06 November 2018 16:20:41

Does the size of a family affect how much taxes you pay? Let say with the same level of income single person or family of four people would pay the same tax?

Cynic UK/Netherlands Expert

Member since 15 September 2015

CynicUK/Netherlands Expert06 November 2018 16:36:12

8059

Hi and welcome back.

Yes, you'd pay the same taxes; you would, however, be entitled to Kinderbijslag; you'd get (p/qtr):

0 to 5 years old 6 to 11 years old 12 to 17 years old
Per child € 202.23 € 245.57 € 288.90

You can read the details at the SVB website; this link will take you there.

Hope this helps.

Cynic
Expat Team

ExploreEurope New member

Member since 30 October 2018

ExploreEuropeNew member06 November 2018 17:29:26

I guess because my wife is not going to work but stay at home with the second child. I won't be eligible for that benefit

Cynic UK/Netherlands Expert

Member since 15 September 2015

CynicUK/Netherlands Expert06 November 2018 17:37:27

8059

I'm pretty sure that you will be eligible; it's an allowance based on the children, single parents get it as well. If it's a deal-breaker, then give them a call, their contact details are contained in that link I gave you.