Netherlands Relocation: What You Need to Know
Posted by: Morgan Beaumont, Director, Client Services, Netherlands
Relocating to the Netherlands? Check out our latest MarketWatch on the Netherlands which looks at the country’s rental market trends, popular expatriate neighbourhoods in major cities and best practices for international assignees. This MarketWatch focuses on Amsterdam, but also looks at The Hague, Rotterdam, Utrecht and Eindhoven.
Amsterdam Rental Market
The rental market in Amsterdam is very fast moving, with a supply-demand imbalance continuing to push rental rates up. As properties can be taken very quickly, assignees need to approach the home search with a degree of flexibility. Having a list of criteria that’s too strict will make it quite challenging to source a suitable property.
Once accommodation has been found, assignees need to have all the necessary funds and paperwork to secure the lease as soon as possible. To avoid delays, companies should also make sure that they make funds available to assignees before the home search trip begins.
Rental Markets Across the Netherlands
The rental market in the Netherlands is divided into social housing and free sector housing, with the latter the only option for international assignees looking to rent. This year, it has been found that rents just above the rent-controlled sector are rapidly increasing, which is making it difficult for both locals and expats to find affordable housing. Companies need to be mindful of this when setting housing allowances, as it could have a big impact on the quality of accommodation that assignees can afford.
For more information, please read Cartus’ Netherlands MarketWatch and view our Resource Hub for information on other major locations worldwide. For more best practices, be sure to watch our video on relocating to the Netherlands.