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GaryNumanVevo | 2 months ago

As a US Expat who just purchased a home in Amsterdam it's a hell of a lot better than paying $1.5 mil for a shack in Sunnyvale. We bought the apartment we were living in from our landlord (funny enough because they're going to start charging him extra tax for N+2 rental properties). It's worth it.

For one, they ruled that the wealth tax is against the EU human rights agenda. So they're scrambling to come up with a solution. Even with this tax, the projected weight isn't terrible. For reference my wife and I are CoastFIRE here with ~2mil USD in NW and the tax is marginal compared to our returns.

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tuesdaynight|2 months ago

Aren't you immigrants? I thought expats were temporarily immigrants, but you don't sound as planning to go back to the USA.

GaryNumanVevo|2 months ago

Immigrant yes, although a lot of my American expat friends have been here 5+ years and don't plan to go back any time soon.