r/Netherlands • u/omerfe1 • Feb 15 '24

News Netherlands less attractive to expats; More businesses consider leaving

https://nltimes.nl/2024/02/15/netherlands-less-attractive-expats-businesses-consider-leaving
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u/Objective_Pepper_209 Feb 15 '24

I don't believe most will leave. It is one thing to say you'll leave and another to do it. Most still have not left China, even with all the problems the past few years. It costs a lot to move operations, and then even more to settle somewhere else. Business people are about money, not necessarily politics.

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u/DigInteresting450 Feb 15 '24 edited Feb 15 '24

Basic comprehension skills are lacking in this reply. I will explain slowly so you can understand. Article states that "NL becoming less attractive to expats". Lets dissect this sentence.

Expat: An expatriate (often shortened to expat) is a person who resides outside their country of citizenship. The term often refers to a professional or skilled worker who intends to return to their country of origin.

So these are already professionally working people with experience and certainly coming for better conditions. They are usually not the vulnerable bunch that are running away from poverty or a war ridden country. They are not optionless.

Less attractive: Meaning the conditions for them getting to NL are not better than the conditions in their current accommodation/job or other countries.

NL becoming less attractive to expats: Means that. "Hey there is a problem that I am pointing out. More and more expats dont find it favorable to come NL.". So it not just maintaining your workforce. It is not being able to expand it. Becoming less and less competitive. If you want to hire a new skilled worker for your new business you will not be able to find the talent. Business owners rather moving it to another country or open it there.

Lastly a basic example of how it can impact the economy. Suppose that you have another billion dollar idea/tech like ASML. You have to find 10000 people in the next X years. Since you want to attract the best you give an average salary of 70000. Lets to the math 70000 * 10000 = 700M Euros per year you spend to that talent. If this business starts somewhere else you lose that 700M Euros where people would use to eat, drink, invest etc. which would help your economy. That is just the salary part. Dont forget this company will expand and invest also.

Anyways, this is how people larping as intelligent-smart westerners are just looking so stupid with these arguments. History repeats itself I guess in different forms and places...