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.)
Mexico is not far off from being a libertarian dream. Of course you’re trading freedom for security, but I believe those to be mutually exclusive.
It really is a beautiful country with beautiful people. And you can live anywhere from a high tech penthouse in a modern city to a shack in the jungle.
If you live in a big city you pay more taxes and higher prices in exchange for better infrastructure. Also laws and rules are more likely to be enforced, which can be seen as a good thing or a bad thing.
If you live in a rural area there is not really any enforcement of laws other than murder unless you are involved in drug or human trafficking, which for me is perfect. Where I live few people have drivers licenses or tags on their cars and motorcycles. Most businesses pay their employees cash to avoid taxes. No building permits or engineering documentation to build or add to your house.
It’s pretty great.