Leo, let's discuss taxation, retirement, and social rights for long-term immigrants in Japan and the Netherlands.
Let's do it. I'm ready to compare Japan and the Netherlands.
Japan has a comprehensive system. Once you're a resident, you're generally taxed on your worldwide income.
The Netherlands also taxes worldwide income for residents, but tax treaties help avoid double taxation.
Good to know. What about retirement? Can long-term residents retire comfortably?
In Japan, there's the National Pension (kokumin nenkin) and Employees’ Pension Insurance (kosei nenkin). Contributions determine pension benefits.
And if someone leaves Japan after contributing?
In some cases, a lump-sum withdrawal is possible.
What about the Netherlands?
The Netherlands has a state pension (AOW) and often supplementary pensions from employers.
Besides pensions, what other social rights are available? Healthcare, unemployment benefits?
Japan has universal healthcare; the Netherlands has mandatory health insurance. Both countries offer unemployment insurance, but eligibility and benefits vary. Japan's unemployment insurance is more challenging to qualify for. Netherlands' benefits are generally more generous.
So, both countries support long-term immigrants, but navigating the systems requires effort.
Precisely. Understanding your rights and responsibilities is crucial. Seeking expert advice is recommended.
Excellent advice. Thanks for the clear explanation.
My pleasure.