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Dutch CEO Issues Alert: Closed-Minded Individuals Driving Away Dutch Entrepreneurs

Dutch entrepreneur Ali Niknam transformed Bunq into a major neobank in Europe. However, he expresses concerns that the Dutch government may be discouraging business growth among entrepreneurs.

Dutch business leaders, led by Bunq CEO, voice concern about Dutch entrepreneurial landscape...
Dutch business leaders, led by Bunq CEO, voice concern about Dutch entrepreneurial landscape becoming less welcoming due to closed-minded attitudes.

Dutch CEO Issues Alert: Closed-Minded Individuals Driving Away Dutch Entrepreneurs

In a concerning development, a growing number of Dutch entrepreneurs and large companies are contemplating relocating abroad. According to recent surveys, nearly one in five Dutch entrepreneurs are considering relocating, up from nearly one in eight in 2023. This trend is even more pronounced among large companies, with 24% now considering moves abroad, nearly double the share from the previous year [1].

The reasons behind this high relocation interest are multifaceted. Entrepreneurs and companies are often seeking new market opportunities, looking beyond the Netherlands for higher demand, less competition, or more favorable customer bases internationally. Expanding into countries with strong economies, open trade policies, or emerging industries offers growth potential that may be limited domestically [1].

Another factor driving this trend is the search for better living conditions. Although the Netherlands is known for its good infrastructure and a strong balance between work and private life, some entrepreneurs and companies seek locations offering even better quality of life, healthcare, or education, motivating relocation decisions [1][3].

Immigration and visa restrictions also play a significant role. The Netherlands has a strict points-based system for self-employed residence permits, with a high rejection rate (up to 90%) unless entrepreneurs have specific endorsements or meet high criteria. This regulatory complexity can deter some entrepreneurs or push companies to pursue jurisdictions with easier immigration or talent acquisition processes [2].

The cost and regulatory environment could also be influencing companies’ decisions to relocate to more business-friendly countries offering attractive incentives, lower costs, or more flexibility. However, these factors were not explicitly detailed in the provided sources.

The general trend of professionals and entrepreneurs moving across borders for better opportunities, visa options, and improved lifestyle, observed among Americans moving to Europe, also applies to Dutch entrepreneurs and companies evaluating their strategic locations [3][4].

Peter Wennink, the former CEO of ASML, the largest company in the Netherlands, has warned about the potential loss of access to skilled workers due to the country's hardening stance on migrants. Tech firms have raised similar concerns, citing over-regulation and a bad climate for tech businesses as reasons for considering relocation [5].

Despite these challenges, Ali Niknam, the founder and CEO of Bunq, a neobank that has become one of Europe's biggest, remains upbeat about the future for tech businesses in the Netherlands. Niknam, who will be speaking at a conference in Amsterdam on June 20, believes that the tide can turn by encouraging the "silent majority" who value openness and diversity to speak up [6].

Niknam's concerns about the business mindset in the Netherlands are shared by many. He cites risk-aversion, growing insularity, and hostility to ambition as factors driving talent overseas. Despite its problems, Niknam remains optimistic about the country's talent pool. He believes that changing the attitude and mindset is what will make a difference [7].

The tech ecosystem in the Baltics is admired for its optimism, openness, and rapid growth, offering a potential model for the Netherlands to emulate [8]. The our website newsletter provides the most important tech news each week, keeping readers informed about the latest developments in the industry.

[1] Source 1 [2] Source 2 [3] Source 3 [4] Source 4 [5] Source 5 [6] Source 6 [7] Source 7 [8] Source 8

Note: The our website Conference and the agenda are also tagged with the terms our website Conference and startups. A special offer for a 30% discount on tickets for the conference is available using the code our websiteXMEDIA2025 at the checkout.

  1. The search for a better lifestyle, including quality of life, healthcare, and education, is among the factors driving Dutch entrepreneurs and companies to consider relocating abroad.
  2. In the realm of technology, tech firms in the Netherlands have expressed concerns about over-regulation and a less-than-ideal business climate, leading some to contemplating moving their operations to more tech-friendly countries.

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