How Much Money Do You Need for the DAFT Visa?

One of the main reasons the DAFT visa is attractive to Americans is its relatively low financial threshold compared to other Dutch residence permits. Still, applicants must meet specific financial requirements to live and work in the Netherlands as self-employed individuals.

If you are planning to move to Amsterdam or Amstelveen, understanding these costs ahead of time helps you prepare and avoid delays.

Minimum Capital Requirement

To qualify for the DAFT visa, US citizens must:

• Register a business in the Netherlands
• Deposit a minimum amount of capital into a Dutch business bank account

The required amount is currently €4,500, which must be available during the application process.

Official source:
https://ind.nl/en/work/self-employed

What the €4,500 Is Used For

This amount is not a fee and does not need to be spent immediately.

It serves as:

• Proof of financial stability
• Start-up capital for your business
• Evidence that you can support yourself

The funds remain accessible for business expenses after approval.

Additional Costs to Budget For

Beyond the minimum deposit, Americans should budget for:

• IND application fee
• Business registration costs (KvK)
• Health insurance
• Housing and living expenses
• Professional services, if using legal or tax advisors

Living costs vary depending on whether you choose Amsterdam or Amstelveen.

Monthly Living Costs in the Netherlands

While there is no official minimum income requirement, you must support yourself during your stay.

Typical monthly expenses may include:

• Rent and utilities
• Health insurance
• Groceries and transportation
• Business-related costs

Flexible accommodation is often preferred during the application phase.

Do You Need to Show Ongoing Income?

Unlike other visas:

• There is no fixed minimum salary requirement
• You must demonstrate active self-employment
• Income expectations are reviewed during renewal

Maintaining proper bookkeeping is important.

Financial Planning Tips for Americans

• Open a Dutch bank account early
• Keep clear financial records
• Budget for at least several months of living expenses
• Consider temporary housing while setting up

Proper planning reduces stress during the DAFT process.

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