🇳🇱 Amsterdam · EUR salary guide
Is €20,000 enough in Amsterdam?
A full breakdown of whether €20,000/month covers the cost of living in Amsterdam — including take-home pay after tax, monthly costs, your savings rate, and how long until financial independence.
💡 At a 73% savings rate, you could reach financial independence in approximately 7 years — retiring with a portfolio of €1,050,000 covering all your Amsterdam costs indefinitely at a 4% withdrawal rate. DEGIRO (founded in Amsterdam) is popular. No capital gains tax on equity investments under box 3 rules.
Key facts about Amsterdam
The 30% ruling for qualifying expats dramatically reduces income tax. No capital gains tax on equities makes ETF investing particularly attractive.
Tax situation
Income tax up to 49.5%. 30% ruling allows qualifying expats to receive 30% of salary tax-free.
Best investment accounts
DEGIRO (founded in Amsterdam) is popular. No capital gains tax on equity investments under box 3 rules.
Your path to financial independence in Amsterdam
FIRE number for AmsterdamBased on average costs of €3500/month, your financial independence number is €1,050,000 — the portfolio that covers your costs indefinitely at a 4% annual withdrawal.