A new Dutch wealth tax targeting assets in “Box 3” is prompting concerns about a potential brain drain within the country’s technology sector. International artificial intelligence specialists and other tech professionals are reportedly considering relocating to countries with more favorable tax regimes, specifically London and Berlin. Critics argue the tax makes the Netherlands less competitive for attracting and retaining skilled workers. The new levy is perceived as a deterioration of the fiscal climate for high-earning individuals. This shift could negatively impact the growth and innovation of the Dutch tech industry. Industry leaders warn the tax policy risks hindering the Netherlands’ position as a tech hub. The government has not yet responded to these specific concerns.