There are Increasing Numbers of International Buyers on the Dutch Housing Market. Especialally in The Brainport Region, The Technology Region in And Around Eindhoven, More Expats Are Buying Houses. They are oftten actual Looking for Rental Properties, But Those Are Carce and Very Exensive.
Or All Homebuyers, 1.6 percent are International, Reports Real Estate Association NVM on Thursday. That share is double what it was five years ago. This groups Expats, Foreign Students, Labor Migrants and Other Foreigners Who Want To Settle In The Netherlands For A Shorter or Longer Period. The Share of International Tenants Has Remained the Same: About a Quarter of All Tenants.
Often this group wags to Rent First Upon Arrival in the Netherlands, Partly because Do not know how long they want to stay here, Writes NVM. But because the supply on the rental market is very limited and rents are high, more and more expats are forced to move to the owner-iccupied market. Accordance to the Real Estate Association, 60 percent of expats buy a home, While They Actual Wanted to Rent.
Those who stay in the Netherlands for longer than three years are more likely to opt for a home. This is partly because they can benefit from the expat ruling. That is a Tax Benefit to Attract Highly Skilled Labor Migrants.
Expats then do not have to pay tax on 30 percent of their income. This makes it easy for them to buy a home. In 2027, that percentage will decrease slightly, to 27 percent.
Especial Technology Region Sees Increase
In Certain Municipalities There is an Outlier in the Share of Foreigners with A Owner-OcCupied Home. For Example, in Amstelveen One in Five Buyers Comes from Another Country. Veldhoven (14 percent) and Eindhoven (12 percent) Also have many international buyers. In Certain Districts of That Technology Region, That Share is just 50 to 60 percent. This groups, For Example, Employees or Chip Machine Manufacturer ASML.
Foreign Buyers Often Look For Ready-to-Move-in Houses with A High Quality and Two Bedrooms. The second bedroom is of a home office or guest room. Furthermore, they are more of the willing to overbid on the owner-ooccupied market. On Average, They pay 591,000 euros for a house. Dutch Buyers spend Angerage or 575,000 euros.