With the new ‘residence permit for essential start-up personnel’, a growing start-up can hire up to 5 non-EU staff
By Thomas Ansell
The Dutch government is throwing its weight behind making the Netherlands better for start-ups, launching a new IND residence permit so that a new business can hire up to 5 talented non-EU staff members.
The new permit means that a start-up can hire someone and get them a residence/work permit at a lower salary level (2,497 euros) than before. This is the same salary required for a company to hire someone during their ‘search year’ permit, and means that if a fledgling business finds the perfect staff member that has a non-EU nationality, they can hire them.
Any new hire will have to be offered stock options, too, giving the new employee participation in the company’s overall strategy. Applications will be partially assessed by the RVO (Dutch Enterprise Agency), who will say if a company is an innovative start-up, and if the role fits the proposed hire.
Full details are available on the IND website. The IWCN is also available to help with questions about formalities, starting a business in the Netherlands, and feeling at home in the North!
Photo by Cytonn Photography on Unsplash