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.)

  • 3p1demicz@alien.topB
    link
    fedilink
    English
    arrow-up
    1
    ·
    1 year ago

    I think for Europeans to change their tax residency it is not that easy as you would think. I am greatful for CZ🇨🇿, where the services you pay in taxes for are one of the best in 🇪🇺 and yet, the personal income tax is only 15%.

    But hey, if it is that easy to change around tax residency, have a look at CZ. Graet healthcare, affordable living and good tax rate for what you get.

    Also one of the safest countries in EU. But expect a little xenofobia if you are not white, it goes hand in hand with the highest safety.