If you want to emigrate to a lower tax state, then you need to do it carefully.
Research how the tax collection department in Denmark determines if you are or are not tax resident. In order to no longer be considered tax resident you may need to cut all ties with Denmark.
Create a new residency in your new country with taxes you prefer.
It’s not as easy as just leaving and going somewhere else. If you don’t create a new residency somewhere else and you’re just travelling, Denmark will probably still consider you tax resident.
If you have $200,000 then Panama’s Friendly Nations Visa is an option, it gives you permanent residency and so you can become tax resident there. It has good infrastructure (mostly), warm climate (if you like the tropics), good healthcare in Panama City and it’s beautiful. Taxes for foreign earned income are 0.
If you want to emigrate to a lower tax state, then you need to do it carefully.
It’s not as easy as just leaving and going somewhere else. If you don’t create a new residency somewhere else and you’re just travelling, Denmark will probably still consider you tax resident.
If you have $200,000 then Panama’s Friendly Nations Visa is an option, it gives you permanent residency and so you can become tax resident there. It has good infrastructure (mostly), warm climate (if you like the tropics), good healthcare in Panama City and it’s beautiful. Taxes for foreign earned income are 0.