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.)
Dubai probably still the best deal since it’s 0% and you can establish tax residency within 3 months, then travel the rest of the year (that’s what I do).
Yeah but then you have to live in a city which is actively being built on the back of slaves.
Yea being ‘self sufficient’ is an illusion
There aren’t many other cities like Dubai nowadays though, which are ACTIVELY being built on the backs of slaves.
just a bunch that passively exist after actively being built on the back of slaves.
You don’t know what the word “actively” means.
this one doesn’t makes sense. I even used your shit grammar.
My grammar is perfect but nice try.
The irony of you making a grammatical mistake in this comment is too delicious btw 🤣
back at you!
You mean almost like any other huge city?
That were built in your lifetime?
Do you speak arabic? Would like to learn more since I am in same situation as OP and would like to get away from paying so much taxes
What about the additional costs ? Accounting, license, office, housing. Are those necessary and affordable?
Would say so. Certainly makes sense in my income bracket.