Original post by Iamsterdam.com @Iamsterdam
As of 2015, a new regulation makes it possible for ambitious entrepreneurs to apply for a temporary residence permit for the Netherlands. The so-called residence permit ‘scheme for start-ups’ affords ambitious entrepreneurs one year to launch an innovative business. A prerequisite is that this start-up must be guided by an experienced mentor (facilitator) that is based in the Netherlands.Scheme for start-ups
The Netherlands has traditionally been a country that welcomes entrepreneurial spirits. After centuries of enterprise and ingenuity, the combination of innovation, trade and entrepreneurship remains a driving force within the nation’s economy and is a key source of economic renewal and job creation. As such, it is recognised that entrepreneurs stimulate economic growth.
Under the scheme for start-ups, new international start-ups launching in the Netherlands will be offered the necessary support to develop into a mature enterprise. This scenario is not only beneficial for the entrepreneur but also creates a solid foundation for job creation and economic growth. Read more about how the Dutch government is supporting ‘Ambitious Entrepreneurship’.
Why start a business in the Netherlands?
The Netherlands is one of the five most competitive economies in the world. It has much to offer foreign entrepreneurs and investors: for example, exceptional road, rail, sea and air infrastructure; digital infrastructure that is world-leading in terms of both speed and reliability; and a broad spectrum of (international) businesses with multilingual and productive employees. And besides the excellent business climate, there is the fantastic quality of life, with the Netherlands setting high standards in (international) education, healthcare and recreation.
Read more about what the Netherlands has to offer international businesses.
How does the ‘scheme for start-ups’ work?
This scheme is aimed at ambitious entrepreneurs arriving from outside of the European Union. The scheme’s associated residence permit entitles the applicant to be a resident of the Netherlands for one year. Within that year, the start-up entrepreneur can create a business based on an innovative product or service under the guidance of an experienced mentor.
After one year, the start-up entrepreneur may have the duration of their residence permit extended on the basis of the Dutch government’s self-employment scheme. In this regard, the start-up entrepreneur must meet the standard requirements applicable to the self-employment scheme. For an overview of these requirements, please read more on the IND’s website.
