Let's discuss taxation, retirement, and social rights for long-term immigrants in the Netherlands and Pakistan.
Excellent. This is crucial for anyone considering a long-term move.
In the Netherlands, there's a progressive tax system. The "30% ruling" offers tax benefits for highly skilled migrants.
In Pakistan, the tax system is also progressive, but collection can be less efficient due to a large informal economy.
Regarding retirement, the Netherlands offers the AOW state pension (requiring typically 50 years of residency for full benefits) and common occupational pensions.
Pakistan's Employees' Old-Age Benefits Institution (EOBI) provides a state pension, but coverage is less comprehensive, particularly for those in the informal sector.
The Netherlands boasts a strong social safety net, including mandatory health insurance, unemployment benefits, child benefits, and housing allowances.
Pakistan's social safety net is developing. Public healthcare varies in quality and accessibility, and unemployment benefits are less widespread.
These differences are significant. Understanding them is vital for long-term immigrants. Thorough research is key, as individual circumstances vary.
Precisely. In the Netherlands, benefits often depend on tax and social security contributions. In Pakistan, it's more linked to formal employment and specific government programs.