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Denmark: Tax Liability of US Expat in Denmark:
Hello Ryan,
I am not American but have lived in the US for some years, as well as in Europe, more specifically, the Netherlands. I would be ashamed if Trump becomes the next president-elect. In that case, it is probably best move if you decide to leave the country now! ;-)
I am in a similar shoe as you, and about to accept an offer from a Danish company. I have been in negotiation with them since early January and after several revisions of contract, we have finally come to our agreement. In fact next Tuesday, I will be signing the employment contract in Denmark.
In repsonse to your question concerning the tax, it depends on your personal situation, i.e. are you single or married with children, etc. There are some online website that can help you calculate your earning after tax, but there are in Danish. Just use Google translator to help you with that. Mind you that you will be expecting to pay up to 42% tax from your income. If you have wife and children, you will be able to get some additional tax allowances which can reduce your income tax rate.
As a tip of advise from me, try to negotiate the company to provide you with a free consultation to the company's accountancy firm. I did with mine and she has shown the calculations for me and will help me filling in the tax form for the first year.
If you have any other questions regarding the tax and employment contract negotiation, feel free to ask.
Kind regards,
James.
Denmark: Moving to DK from US:
Hello Poetreegurl,
I am in a similar position as you considering to move to Denmark. Currently I am about to enter negotiating phase with a Danish company, to discuss about salary and relocation packages, etc.
Personally I would not just move to Denmark and find work there. It can be quite a challenge unless you are really skilled what you do and have 10 years of experience to back up. Then company will be thrilled to hire you.
Alternatively, you can also consider to try and find a part time jobs, such as waiteress or English teaching or baby sitting, while searching for the big opportunity. The living costs are extremely expensive compare to the US. I am not sure if you have visited Denmark before, but just imagine if you have to pay double or nearly tribbel the price as to US.
Kind regards,
James.
Denmark: Cost of Living for a young family of 4 in Aarhus Denmark:
Dear fellow Expats and Local Danes
I am about to enter the negotiation process with a company in Aarhus next week. I am doing some research on the cost of living in Denmark for my family (age 4 and 5 months old). and tips for negotiating Danish employment contract. Any information regarding to the cost of living, Danish employment contract negotiation (such as holiday package, pension plan, bonus, 13th month, vacation money, and other secondary benefits) would be useful.
Below I have summarised an estimated cost of living based on information that I have found from forums and other resources on the internet. Please feel free to correct my finding if you think I may have over or under estimated, or if I have missed something.
The estimated prices are based on monthly expenses.
Estimate cost of living for family of 4 in Aarhus:
Rent (4 rooms furnished) - 10,000 DKK
Utilities (electricity, gas, water, garbage) - 2000 DKK
Internet - 300 DKK
Mobile phones - 500 DKK
Media license fee - 200 DKK
Grocery - 7000 DKK
Road tax (medium sized family car) - 300 DKK
Car insurance (all risk) - 500 DKK
Liability insurance - 200 DKK
Fuel - 2000 DKK
Public school (including afterschool) -3000 DKK
Day care - 3000 DKK
Sport clubs for children (football and swimming) - 1000 DKK
Total: 30,000 DKK
Based on my estimate, I would need to make at least 30,000 DKK (after tax) per month in order to get by. This would mean I would need to ask for at least 600,000 DKK per annum as salary. Do you guys think this is a feasible salary range for a senior mechanical engineer with 10+ years of experience.
I appreciate all your input and efforts in helping this discussion.
Kind regards,
Denmark: Newbie:
Hello there,
I saw your post and must say I know how you feel. I too was made redundant in November. But the Dutch law are quite protective to the employees and was quite generous to pay out 8 months of salary as compensation after 10 years of service within the same company.
Now I assume you are living in Denmark, your husband should get something similar from his formal companies. As an aerospace engineer, I think there are plenty of opportunity if you look like places in Germany, Denmark, Holland and even France. What kind of work does he wants? Permanent of contract based? You need to know this for yourself. Search online for job posting, like EuroEngineering job, etc. Plenty of opportunities out there on the market!
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