Welfare Assets Threshold Calculation in Amsterdam: How It Works
For a welfare benefit in Amsterdam, the municipality looks at your assets and income. If you exceed the welfare assets threshold, you may not be eligible for benefits. This article explains the rules, including local nuances at the Amsterdam District Court (Parnassusweg 220) and Juridisch Loket Amsterdam (Vijzelstraat 77).
What is the Welfare Assets Threshold in Amsterdam?
The welfare assets threshold Amsterdam for 2024 is €30,000 for single persons and €60,000 for cohabiting persons (excluding own home). This national threshold is applied locally by the Municipality of Amsterdam. Only freely disposable assets count after deduction of debts and exemptions. Income also plays a role.
Amsterdam-specific: With the Municipality of Amsterdam, you must submit your assets information within 8 weeks after application. Questions? Contact Juridisch Loket Amsterdam, Vijzelstraat 77.
Which Assets Count in Amsterdam?
Not everything counts. Exempted items in Amsterdam:
- Own home (if you live there, not a second home).
- Business assets (with active participation).
- Annuity/pension (not yet paid out).
- Car: up to €7,500 (single) or €15,000 (cohabiting).
- Grave rights.
Do count: savings, investments (stocks, crypto), second homes, cash, art and antiques.
How Do You Calculate Your Assets for Welfare in Amsterdam?
Total possessions minus debts and exemptions = freely disposable assets.
| Base Assets | Calculation |
|---|---|
| Possessions minus debts | Savings, investments, etc. |
| Exemptions | Deduct own home, car etc. |
| Freely Disposable Assets | Base - exemptions |
Amsterdam Example: Savings €25,000, investments €10,000, car €8,000, own home (exempt). Total freely disposable assets: €43,000. Above €30,000 threshold: no welfare. But for medical expenses, the Municipality of Amsterdam may make an exception.
Legal Basis and Local Authorities
The Participation Act regulates the assets threshold (art. 31). In Amsterdam, the Amsterdam District Court (Parnassusweg 220) handles objections against municipal decisions. First help: Juridisch Loket Amsterdam, Vijzelstraat 77 (free advice).
Procedure in Amsterdam:
- Application with Municipality of Amsterdam.
- Assets test within 8 weeks.
- Rejection? File objection, possibly to Amsterdam District Court.
Tip: Keep proof of expenses. If exceeding, you can get free help for appeal at Juridisch Loket Amsterdam.
Frequently Asked Questions Welfare Amsterdam
Does the Municipality of Amsterdam request bank statements? Yes, last 2 months plus assets tracing up to 24 months back.
What if assets are just above the threshold? Request re-assessment with the municipality or help from Juridisch Loket.