Countries with lower taxes and a better quality of living?
I’m currently stuck in Denmark, and it feels like I’m in a never ending financial tug of war with the government, saying goodbye to 50% of my hard earned cash each month. Add a 25% VAT on everything and throw in some hefty taxes on utilities, electricity etc, and you’ve got a situation that has me questioning if this is the life I signed up for.
Living in a place where the cold weather feels like an extra tax on happiness, I’m craving a change.
I’m all about individualism, self-sufficiency, and independence. So here’s the big question: Where in the world are you guys finding that sweet spot between low taxes and a great quality of life?
As I contemplate my escape plan, Cyprus, Portugal, and Dubai are on my radar. I dream of living in a country where taxes don’t feel like daylight robbery. But, and it’s a big ‘but,’ my online income isn’t quite flexing its muscles enough for a move to the streets of Dubai just yet.
So, where are you residing? What’s the tax scene like in your corner of the world? Are you doing a happy dance every payday, or are you, like me, wistfully staring at your bank statement, wondering where all your money went?
And let’s not forget the living conditions. On a scale of 1 to 10, how would you rate your overall quality of life?
I’m not just asking for my benefit, this is a collective quest for a better lifestyle.
Your input is greatly appreciated!
(Just to be crystal clear, I’m not fishing for a lecture on why I should be grateful for my current Danish situation or any unrelated personal opinions. If your input doesn’t contribute constructively, save it for another time.)
And you live in Denmark, one of the most progressive countries and you enjoy free education, healthcare and an amazing public system and public amenities. Get a grip sir.
Stockholm Syndrome
I think this would be Copenhagen syndrome.
“Free education”… you seem to be part of the problem.
Yeah, who likes an educated populace? Much better to be around a bunch of dumb dumbs.
All those with shorter education who pay very high taxes so that spoiled middle class kids can study gender studies and look down on them.
The government has begun cutting into universities now, due to waaaaay too many danish (women) having useless educations.
I think their point is that it’s not really free if you pay a lot of taxes.
Yeah maybe try to thing more than for 2 seconds about what I wrote and you might realize that schooling funded from money stolen by government is not the only or the best way to educate those who want to be educated.
OP is allowed to have an opinion on his/her situation in life
The grass is always greener.
Better to have the money available and then contract the services you need
But not everyone does. The poor would be permanently stuck.
Let’s imagine you make 100k a year. You pay 50% in taxes, and then maybe 3k a month for rent food and whatever. You have 14k left for savings and investments. If you work for 45 more years, you might have a million saved up! Now you can enjoy retirement at 70!
Alternatively, you move to (Dubai, Cyprus, Bulgaria, etc) and pay 10% in taxes. Your rent is also probably a lot less. Now you are saving 60k a year. Your savings just quadrupled! In 15 years, you will have a million dollars invested, and you can retire at 40!
It’s clear to me that taxation is theft, and is a system for wage enslavement nowadays. They will take every penny they can, and waste it on enormous ineffeciency. Many countries offer reasonable, competitive tax rates, with good QoL, roads, health care, etc. The biggest lie we’ve been told is that paying half your salary is fair, necessary, or the moral thing to do