Netherlands Economical

Economical
• Global financial crisis (laenud) has influenced the Netherlands GDP as any other country and therefore in year 2009 the GDP was negative at -4%. GDP in 2010 will stay positive around 1% and in 2011 the economical environment is (kiirlaenud) expected to stabilize well.
• The Netherlands tax burden is one of the highest in Europe around 58,2% of the GDP. The tax burden is considered to be one of the threats which may (creditos) hurt the competitiveness.
• Inflation in the Netherlands was -1,2% in 2009, which is low indicator, but obvious considering the financial crises. The inflation in 2010 is considered to be 0,8% and in 2011 around 1,0%.
• The employment rate had risen up to 5,9% (lainaa) of the total population by the end of 2009. The figure has slightly improved in 2010 and compared to other European countries it is considered good. People have jobs and it is possible for them to apply for housing loans.
• The economical crisis has hurt the general money market and banks. The banks are giving out loans less and the conditions for receiving a housing loan have tightened. (payday loan) Therefore selling property could be an issue while less people are able or appropriate for getting the loan.
• In 2009 the private consumption fell over 3% compared to 2008. In the middle of 2010 the private (prestamos) consumption has stabilised.
• In 2009 the private consumers took  loans for 9,7 billion euros. The figure is 1,2 billions of euros less than in 2008, which shows that people are spending less money, spending less money on luxury items and banks have tightened the loan conditions. (sms laen)
• A survey by World Economic Forum has placed the Netherlands for competitiveness on high 10th place. Main threats for hurting the Netherlands competitiveness are population’s aging and high (liising) tax burden.

Netherlands Political Social

Political

• The Netherlands is considered to be a stable country. (Kiirlaen) Even thought this is the case the elections in 2011 may bring along new political plans which can influence economical and political conditions (taxes raise, new taxes maybe established, etc.)
• As a member of European (Prestamos) Union the Netherlands’ regulations are more or less the same as in Estonia.
• Real Estate taxes – changes in conditions are (Laenud) possible in future, therefore hurting the project.
• Wealth tax – (Creditos) changes in conditions or rates are possible in future

Social

·         Target group of (Laina) home loans starts from people aged 25 and above. The Netherlands population age groups will stay the same level as in 2010 for next 10 years

·         The Netherlands population will increase by 1 million during next 40 years and therefore

·         The average salaries for buying (Payday Loans) our wooden houses are considered very good and therefore people have the possibility to acquire such properties.

Netherlands Techno Legal Environ

Technological

·         The Netherlands is one of (Laen) the greatest competitiveness and innovation favouring countries and therefore new communication channels and using of new technologies can be expected.

·         Direct foreign investments in the Netherlands in 2007 were: 673 billion US dollars (6^th largest in the world) which is indication (Kiirlaen) that new workplaces will be made and also new technologies will be invented.

·         The Netherlands Internet usage is one of the highest in Europe and therefore gives our company (Prestamos) good possibility for reaching our customers via Internet.

Legal

·         The legal system can be (SMS Laen)considered bureaucratic and therefore issues could arise from many fields regarding our development project.

·         Legal costs in the Netherlands are high.

·         The Netherlands is known for its regulations and therefore the legal groundwork must be excellent before our project.

Environmental

·         Our company (Laina) would provide eco-friendly wooden houses and therefore the project is environmentally harmless.

·         Our company would provide the right-now building environment a good solution, the area would be cleaned and greenness established.

Environmental subsidies (Payday Loans) are offered by governments, which will give us an opportunity to use some part of the money for our project environment (planting trees; making the project building area extremely nice) (Creditos)