Im sorry for venting, but as an Expat, Im feeling financially pressured in Denmark.
I have accepted a job offer Denmark and I have just realized that I may not save as much money as I though I would. I have a pay limit visa, meaning that its supposed that I would be making a decent salary, but...
47% A-tax on my incone
50% tax on my pension scheme
8% tax of labor market
20% of salary goes to my landlord , rent for expats are more expensive
25% of vat for every product that I acquire
As far as I have been realizing, the "lonely" tax here is very high as well.
I dont study, dont use the public healthcare, dont have kids, dont use public transportation and I wont retire here. Im basically a very lucrative person to the Danish Treasure.
How does a person saves money in Denmark ? Is this the reality of expats, singles and middle class?
Dont get me wrong. This is a dream of a country, but for someone who is not a citzen and intend to go back home one day, life is a little bit difficult...
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The original was posted on /r/denmark by /u/SadBoy-86 at 2024-03-24 16:37:47+00:00.
Ulle82 at 2024-03-24 17:42:44+00:00 ID:
kwd87ym
That says nothing about your situation.
That visa scheme has a minimum, no maximum. I'm very familiar with it as my wife is on it. She makes about a million kroner a year and her net tax comes out to about 40%.
My point is, you are leaving out all information related to you, in a country which has a complicated tax scheme...
Did you get your first salary yet?