How middle-class Indians bought multiple homes in

#BuyhomeinEurope #buyingahomeineurope2022 #HouseinNetherland #BoughtHomeinEurope #buyingahomeineurope #buyingahouseabroad #Multiplehomes #homesinEurope
#buyingahomeineuropecity
#buyingahomeineuropefromindia #Buyinghomeinminimuminvestment
So we completed one month of our KZbin channel today and to show our gratitude to our viewers, we have come up with one of the most requested topics, HOW WE #BOUGHTMULTIPLES HOUSES IN The #NETHERLANDS.
In this video, we share our story, of how we managed to buy multiple houses in Europe with zero starting money. We share our journey about how it went, various technical points, and what it all it took for us to come this far. We would like to share the story with other Indians of how to create wealth abroad with little or no initial investment
What strategies we used, what challenges we faced, and what mistakes we did could be useful to you when you are on your journey of Homebuying in the NETHERLANDS.
Our both houses are with own land and are in Amstelveen, next to Amsterdam.
Love,
Nidhi and Daven
Disclaimer: This video is purely for entertainment purposes and we don't provide any investment advise.
The music in this video is from:
Wheel Of Karma by Audionautix is licensed under a Creative Commons Attribution 4.0 license. creativecommons.org/licenses/...
Artist: audionautix.com/

[@dipakbhamre]

Very good information. Of course no show off

[@MrHedayath]

Mashallah may Allah bless you and your family with happiness and prosperity.

[@hhhgupta]

Awesome. Very nice content. Keep it up guys

[@namasteamsterdam6958]

Thanks Hitesh! We are glad you found it useful

[@pratikshyarath1325]

Hello both great informative content 🙂 if you guys have any recommendations for kitchen renovators would also help.

[@devengandhi6004]

Great :) Providing valuable information :) Really Thanks to Daven & Nidhi

[@namasteamsterdam6958]

Glad you liked it Deven bhai!

[@ravinderyadav1]

Nice information. Very helpful for rookie like us..

[@namasteamsterdam6958]

Happy to help Ravinder!

[@mysuruhollandexpress]

Great content Daven and Nidhi❤

[@namasteamsterdam6958]

Thank you very much Sri and Rupesh!

[@ashwanivats8842]

Content of your videos are very crisp and crunchy, just perfect 👍

[@namasteamsterdam6958]

Feels super good to hear that you are liking it. Thank you very much for your support!

[@jimmywadhwane]

Very Good

[@pritijain3547]

Very informative..... I had seen Yr old school related vdo n about Yr choice for Yr kids. Could you make one vdo related to International school system and housing issue w.r.t the current highly population in The NL?

[@neerukhurana7732]

Superb Daven! 👏👏

[@namasteamsterdam6958]

Thank you very much Neeru! Aa jao kabhi aap Europe road trip par chalenge!

[@gurkiratsingh5165]

Loved it 💙

[@namasteamsterdam6958]

Thank you very much!

[@syedfarruk4584]

Struggle bohat ke aap ne magar aap bata nahi sakay magar maine mehsoos kar liya ke aap loago ne bohat kaam kiya aor yaha tak pounchay

[@neelmuhuri]

informative video thanks do we get tax exemptions benefits if we buy house??

[@PhilospherKing]

Sahi hai.. Accha property mai kama liya Property there is rising fast.. Poore west mai yehi scene hai

[@vikasthakar6405]

Mere pass paise hai. Mujhe settle hona hai . can I buy direct house without any PR ? Any terms and conditions ?

[@tajinderbedi8284]

Nice info Devan and Nidhi

[@namasteamsterdam6958]

Thanks Tajinder paaji

[@drbhaviify]

Can Indian from India buy land in neither lands for investment purposes? I wanna invest as a vacation home.

[@kirtisloveformusic6434]

Thanks so much for this video, I would like to approach you guys personally if possible

[@gulammuhiuddin889]

How much minimum amount I get home in Netherlands 1 bedroom apartment

[@focusboxmedia5471]

It is good that you guys brought this discussion/idea out on the KZbin and opened a channel where you can advise our Indians to buy housing properties. Now,does your rent income on 1st house compensate the cost of financing the 2nd houseI ? including the expenses you incur to rent out the property, property taxes on 1st house, notary charges of the second house ,taxes and brokerage if any for the 2nd house.I mean, for example ,if I had to buy a bigger(2nd) house I would had simply sold my older house and live in the new house almost mortgage free or lesser mortgage and with 'new' furniture and lavish interior. And with the rest of the money saved with my regular monthly/periodic income I would had invested in personal pension or may have worked less and have less stressful life. Further, what would you do with this accumulated wealth at the end of your retirement life in The Netherlands. I hear that excess wealth in the Netherlands is taxed,. Or, if you both would be going back to India then what would be your strategy with this accumulated wealth ?

[@namasteamsterdam6958]

Hi Focus box media, thanks for writing in a detailed comment. First of all to be clear, the channel is not for only property discussion and we are not advising anyone to buy or not to buy properties. We neither have intent or authority to do that. We regularly face this question and simply shared our journey. Like everything else in life, there are many ways of dealing with a situation and this is how we dealt with it. We currently have no plans to leave NL and don’t count that as a scenario so we prefer steady passive income.

[@focusboxmedia5471]

@@namasteamsterdam6958 I found your post in Indians in Netherlands FB group, there your text suggesting as you are helping or advising people to buy house by sharing your journey. But any if its not the case then I have miss understood your post on FB. My question in summary was, does your rent on 1st house take care of the expenses and mortgage repayment of the first and the second house in the present time. Thanks

[@namasteamsterdam6958]

Hi, No worries...Social media is all complex and easy to misunderstand. The simple answer to your question is NO but I find that to be an unfair expectation as well. I think one needs to analyse individually about various components here as per own situations to the right calculation and decision making like what part of each mortgage is real expense (principal vs Interest). What is your strategy/economical view short term, long term. How do you place buying house in your overall investment strategy. The list is long but I think you get the idea. For us, we focused on impact to our real monthly expenditure and cashflow sustainability. Happy to have a call for longer discussion if that helps!

[@Rgsharma0912]

Good info! Next time good to provide info on buy to late mortgage for renting a house..

[@namasteamsterdam6958]

Hi Ravi! Glad you liked it and yes a great idea. Will cover this for sure soon

[@ashish9992]

Hi, have three questions: 1. On average what is the interest rate on mortgages? 2. What's the yearly/CAGR appreciation on properties in the last 5 years? 3. whats the income eligibility for a mortgage loan?

[@namasteamsterdam6958]

Hi Ashish, thanks for watching the video and subscribing to the channel. we will share interest rates in one of the upcoming videos along with our winning strategies. Income eligibility is directly related to the value of the property you want to buy. Best is to approach a mortgage advisor, they do it for free. If you need references, let me know on the LinkedIn message. CAGR question is too personal detail and we don’t feel comfortable sharing on the public platform. Hope you understand. Good luck with your home buying journey!

[@amit8908]

Hi both, really very impressive video extreme unique topic on which you are making videos. As per i am from New Delhi, India me working as a Manager in a Real Estate firm here i have so many clients who are interested to invest in real estate in Netherlands, so if u people don't mind how can i start the things from here i need your help. I also like visit Netherlands to explore & understand things more clearly.

[@pritijain3547]

Also please do clarify, if kids can continue in an International English school even after getting Dutch citizenship in 5-7 yrs? Thanks again.

[@namasteamsterdam6958]

Yes they can

[@prakasha4180]

Would be great if you can include subtitle in english next time, thanks!

[@namasteamsterdam6958]

Sure, thats a good idea...we did to one of the other video (2nd hand Shops in NL) earlier but was not sure how useful it was. Thanks for the feedback!

[@SaudiGangStar]

The title in English and the content isn’t 😢

[@mortezapouladi9380]

Thanks but I wish I had this video to be in English.

[@RaviGinoya]

Could you please also share what interest rate did you get for each house mortgage and for how long period it is fixed?

[@namasteamsterdam6958]

Hi Ravi, yes, very valid question. Will share in the next video. We were planning to cover that in the first video itself but it became too long. Thanks for watching and writing in. Feels satisfying to see we could be some help!

[@IreneChibs]

Please activate the English subtitles

[@novatraders8472]

Thanks for your Nice video Tell me monthly Instalments kitni teh

[@namasteamsterdam6958]

EMIs depend on a lot of things, mortgage amount, interest rate etc so does not make sense to use that info from someone else. Think you need to calculate for yourself based on your conditions. There are a lot of online tools available for this. Good luck ‘

[@Stromewithskin]

Dutch house main siri bohot narrow hoti hai 😢

[@onlee5331]

Without passport or PR can anyone buy house?? I am a master's student coming from Bangladesh with my wife. Can I also try for buying house while studying?

[@namasteamsterdam6958]

Yes, you don’t need to have a Dutch passport or PR to buy a house in NL. You would need to provide sufficient income sourced in case you want to go for mortgage with banks. Good luck with everything!

[@onlee5331]

@@namasteamsterdam6958 Another thing, will this property help us to get pr later in NL?

[@shwethahallad2415]

This video is very much required for new comers @nl

[@namasteamsterdam6958]

Hi Shwetha, indeed. That’s what we felt. We will be glad if even one person can benefit from our journey.

[@hcv1648]

Khali pocket ke sath- how can someone say such a lie specially when everyone knows how contractual work happens... kuch v...

[@eclecticme7]

NL is so expensive..u earned money as everyone earns...ppl in USA earn a lot more then you..infact ppl in NL save nothing...

[@tayyabzeeshankiani3394]

Netherlands is much much much better then america and top 10 happiest country in the world america is not😂

[@eclecticme7]

@@tayyabzeeshankiani3394 because US is huge and population is diverse. Compare with specific pockets in US specially where Indians live or there are lots of companies - people are lot more happy, earn more and have a better quality of life. Also no racism in US. Dutch might be happy in NL but Indians are mostly unwelcomes, looked down upon, differentiated based on language they speak and color of their skin. Dutch are so full of themselves. Americans are a lot more friendly. Also salaries are better in India nowadays. Europe to India se bhi peeche hai. High tax you are left with anything. Go check some facts and then talk. Most Indians in NL do sub standard jobs of testing etc as Ducth dont want to do them. Indians in US have risen to become CEOs because USA values intelligence and hardwork while NL looks at color of your skin, language you speak etc - they keep Indian at lower level jobs and never let them rise. Most Indians live are subservient to the locals living there.

[@govindachawlaom]

What about your parents? Left them alone in India in miserable condition? Did you ever ask them how they feel about you not taking care of them in this old age? What about feeling lonely and not having any relatives brother sister around ? (Friends are only formality here). What about culture which is non existant? May be show both sides of living abroad and make a video on these topics as well.

[@namasteamsterdam6958]

Hi Govinda, our parents are extremely proud of our achievements. They are not alone or miserable in India as we both have more siblings. They keep visiting us regularly as well and in fact have build their own social circle in Netherlands. But you indeed have a valid point, this could be true for some people. Our intent is not to promote idea of moving to overseas rather to help existing Indian community here (the one which has already taken the decision to be here) with our best experiences. We are open to cover any topics that can be relevant to the community. If you want we can talk separately and May be do a video together on your concerns? Happy to help!

[@govindachawlaom]

My first point is true for many people here who come from India (I personally met many of them). I appreciate your progress and congratulations for that. Also glad to hear that you have strong family background which is a support mechanism that not everyone has. My only concern is that, when middle class people back in India see these videos they only see one side and are willing to leave everything behind to copy such succcess.

[@namasteamsterdam6958]

I think we all make choices in all life based on our situations on all our life matters. Every side of life has two coins. The video does not say that you can do this only in Netherlands or outside india. It’s a concept that worked for us and can be applied anywhere in the world. Your concerns are legit and I said earlier more than happy to raise your points in a separate video. I have sent you a friend request on Facebook. Feel free to accept and we can coordinate further. Happy to see you sharing common interests of helping the community!

[@anshuarora2539]

Hi govinda, i appreciate your concern toward them , but but but they also come to big cities, towns to leave their parentes behind to brighten up the future of their kids and for standard of living. you surname is chawla so i am assuming you are a punjabi right and you know how big is for specially for punjabi family that their kids are doing good in abroad making money and property. So its a cycle our parentes leave their family for us and we leave them for our childrens. Your point is correct but majorly parentes are happy and often visit to us.Ofcourse we all have siblings who lives in india and visit often and plus one in a year we visit them and they came to us.