Friday, 22 September 2023 18:37

Netherlands: The majority of entrepreneurs are young and have dual nationality

Monday, 08 February 2016

Nearly 23,000 new companies were created in the Netherlands in 2014 by foreign entrepreneurs, mostly of dual national Moroccans and Turks, said Friday 5 february 2016, the Dutch central bureau of Statistics (CBS).

These entrepreneurs, who are foreign nationals or carry dual citizenship, are younger than their counterparts of Dutch origin, says the CBS.

Nearly 70% of them are under 40 years old, against only 50% of native Dutch people.

Figures from the CBS also indicate that 5% of Bulgarians and 4.2% of Romanians settled in the Netherlands started their own businesses.

Furthermore, investments of foreign companies operating in the Netherlands showed a substantial decrease in 2015 compared to the previous year, to 1.9 billion euros, according to the Dutch Foreign Investment Agency (NFIA) .

In 2014, the volume of investments of the 300 foreign companies operating in the Dutch Kingdom exceeded 3 billion Euros, generating some 6,300 jobs, according to the same source.

Hundred fourty new foreign companies have chosen to settle in the Amsterdam area in 2015 which will create nearly 3,000 jobs over the next three years, according to the city council of the city.

The developed infrastructure and simplified tax environment are key factors for the attractiveness of the Netherlands for foreign investments.

With Map&CBS

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