Effective January 1, 2024, the Netherlands’ residence permit for foreign investors will no longer be available.
- The residence permit is valid for a maximum of three years, and the Immigration and Naturalisation Service (IND) can extend this period by up to five years.
- Holders of the residence permit for foreign investors may work in the Netherlands without a work permit (TWV).
While the investor permit is still available, applicants must invest a minimum of EUR1,250,000 in an innovative company based in the Netherlands; or in a fund that, according to the Ministry of Economic Affairs, falls within the SEED regulation; or in a participation fund or contractual partnership that invests in a company in the Netherlands. Investing in real estate for private occupation is excluded.
The investment must be deposited into a bank account of a Dutch or EU Member State bank supervised by De Nederlandsche Bank (DNB); and have added value for the Dutch economy, as assessed by the Netherlands Enterprise Agency (RVO).
Erickson Insights
Erickson Immigration Group will continue to monitor developments and share updates as more news is available. Please contact your employer or EIG attorney if you have questions about anything we’re reporting above or case-specific questions.