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.
memamimohaha at 2024-03-24 18:58:14+00:00 ID:
kwdl0x6
Of course, but obviously significantly less well-off and financially comfortable than in most other countries where income taxes are much lower.
It is not a political opinion just a fact. Things change when you start using the public services, for instance when you have kids (hence the significant interest from Londoners/UK in moving to Denmark due to lower child care costs) or as a student.
unginvester at 2024-03-24 19:06:27+00:00 ID:
kwdme5d
Lol we need children so some ppl can Pay for when u get old. Getting children isnt a profit game for a family where a single person get to save all the expens on children. I have My own apartment 15 min from copenhagen. Have a car. And dont really need anything. With an average income. Do u expect working 25 hours a week and weekly vacation as single?