The 5 Best Ways to Save Money in Denmark

The five easiest and most effective ways ways to lower your costs in Denmark.
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[@MarioScianHQ]

🇩🇰 Cost of Living in Denmark (2022) - All You Need to Know: kzbin.info/www/bejne/mGnTYZJmmsl4n7s

[@srikanthmudragada88]

It is really amazing to see your videos and very informative. Would you also recommend to do your informative videos on expats like us (especially non-EU people) 🙂 ?

[@alainkovacs2007]

Mario, you create amazing content for expats im Dk. I want to say a big Thank You for everything. I watch each and every video you make. This video was in my opinion by far the best in production quality and editing skills. It's amazing how the quality is improving from one video to another. Content-wise, all your videos are packed with great, interesting and incredibly useful content. Keep up the great work! 😉

[@MarioScianHQ]

Thanks so much for the nice message Alain! Much appreciated! Glad you enjoy my content and thank you for the encouraging words!

[@jonathanlacaille36]

Hello Mario, thanks for making these videos. Investing in Denmark is difficult so it's great to hear the experience from another expat. Since you have a child, you could also make a video about Børnsparing, which allows to invest 6000 per year, up to 72,000 per child, for 18 or 21 years. And all profit is tax free!!! Of course that is for your child, but since most people would probably invest in their first appartment, car, education (abroad) etc... that is a great way to invest in your kid for cheap!

[@MarioScianHQ]

It's a good point Jonathan! I don't do this one yet because I hope to be rich in 18 or 21 years (lol). But it's one good deal I should explain as well.

[@annettesommer4398]

@@jonathanlacaille36 please don't forget what the tax-system is about! To help out eachother saving in the big life benefits such as education and healthcare!!! It gets me in the spots when foreigners always talk about avoiding to pay to the community, from which they also benefit 🤔🙄 wish you a merry Christmas 🎄🎅🎁

[@jonathanlacaille36]

@@annettesommer4398 we are talking about a kid’s account and a benefit program set by the state itself. Merry Christmas to you too.

[@BT-kj5dq]

Thank you for useful content!

[@alvinljosa7831]

Actually sales after X mas and in summer are huge often 40-50 percent. Also offer hunting online is usually 10-30 percent cheaper and in shops systematically with apps. In Cph there are many super markets close by. U can save a good 30-40 percent on groceries this way. Shopping in Sweden or Germany when on trips is also a good tip.

[@MarioScianHQ]

Thanks for sharing!

[@samirachiko]

Thanks 🙏 for your all videos! I hope you will make a lot of them. If you can take us to see some shopping outside like supermarket foods or clothes 🙂

[@gilcaronfilho9139]

Great videos Mario! Really helpful stuff even though I leave in Denmark for 6 years now. Would be a pleasure to have a coffee chat with you one day!

[@MarioScianHQ]

Thank for the nice note Gil! I’m glad you like my videos!

[@SimonRaahauge1973]

attention: new custom rule: any package from outside EU will be checked by the customs service at a fee of DKK 135 + taxes due, regardless of value. and there is import taxes on allmost everything coming outside of EU.

[@MarioScianHQ]

It's a bit more complicated than that - if you order from Amazon.com or other big retailers they don't charge you those fees. You just need to pay the VAT of 25% at check out.

[@SimonRaahauge1973]

@@MarioScianHQ amazon have a centre i germany. problem solved for amazon. but the chinese sites still ship from china.

[@joaquinfioretti763]

Hi, thanks for the information! Such a great advisor. How’s the name or link of the app for audios and books?

[@MarioScianHQ]

eReolen

[@sashal7199]

Hello Mario, thank you for the great information that you're sharing. If you will have time in the future, could you make a video about buying and owning a car in Denmark? More specifically a used vehicle. What are the taxes when buying and registering a used 60000 DDK car for example? Insurance and these green and weight taxes. I will of course try to google it myself, but just in case.

[@MarioScianHQ]

I don't have a car so no idea on this yet, the moment I decide to buy one and do the research, sure 😀

[@fernandomarioni]

Great video! Maybe you can do a video showing your apartment in the way we can see how is an apartment normally looks like there

[@MarioScianHQ]

Too much kids mess all the time in mine

[@iTzNiCoOoxD]

Thanks for the concisely put information! One thing I was wondering: Since public transport is so cheap and wide-ranging how feasible is it to buy groceries in Malmö? Further, since you mentioned the supermarket situation in Denmark is not particularly of your liking, is it any better in Malmö?

[@MarioScianHQ]

Sweden is much better but crossing the bridge is quite expensive

[@vijayakumarbalakrishnan6367]

Great video. how do we signup for the library app

[@MarioScianHQ]

ereolen.dk/ - That's the place to go

[@sorinbarbu1637]

Do you think Mario, that still now with the prices gone up so much during COVID, it is still good idea to buy an apartment?

[@MarioScianHQ]

If you're looking into the medium/long term I say yes. Cashflow-wise is a good deal. And I don't expect that the prices would be lower in 5-10 years than they're now. (You never know though :D)

[@vickcba07]

Hi Mario! What do you do in Maersk? And what did you do in Carlsberg? I mean, what is your profession :)

[@MarioScianHQ]

I work in procurement i.e. buying/negotiating big things. Same in Carlsberg before :)

[@itsandernow]

Mario, what happens when you are a gear-head like me who reallly enjoys to have a car? When I buy an Used Danish car from a private individual do I also have to pay VAT and TAX ? I'd buy a 30/40 thousand dkk car that doesn't consume much fuel or pay a high "green tax" annualy. For instance a 2004 volvo V40.

[@MarioScianHQ]

As far as I know you still need to pay all that. But the 150%-ish is the high-end, the rates are lower for cheaper cars. But beyond that I've no clue on cars :D

[@Duffstorama]

The tax is a registration fee, which is only paid when the car has its first license plates. When buying a used car, there is no additional tax. VAT is still a thing, but the advertised price will include it, and I don't think it applies when buying from a private individual. I am not sure if a 2004 Volvo V40 is especially green, but if I read it correctly, the green tax on that model one in 2022 is 2.250, paid twice per year.

[@KathasJourney]

Hi Mario, just connected with you. I am planning to move Denmark with my job at UN in this October, please suggest me few town names, how to get one bed room apartment/house.

[@MarioScianHQ]

You should check all my videos on housing, all that is well covered :)

[@mihailis82]

Mario: Imagine you get a second kid this year.. would you think getting a (good) cargo bike pays off?

[@MarioScianHQ]

Thinking about that 🤔 It depends on the age difference of the kids, etc. But likely is a good long-term solution, just need three big powerful locks or something not to get the bike stolen 😀

[@SimonRaahauge1973]

in small town denmark, renting a flat is muuuch cheaper than in copenhagen.

[@MarioScianHQ]

And also cheaper to buy 😉

[@MaximDL1410]

👏✊

[@lmfdh92]

I wish we still had 2% interest rate to buy properties. No longer the case ;)

[@MarioScianHQ]

I know! I would love that again too

[@kevinrobertson1631]

Is it not the case that you have to be resident as a foreigner for at least 5yrs before you can buy property?

[@MarioScianHQ]

You can buy before 5 years

[@annettesommer4398]

Please don't forget that it's due to our tax-system that you ALSO are able to get a lot of nice stuff for free - like the education, liberary, and healthcare... Please remember that when you make suggestions about how to 'avoid' the high levies and taxes here 😉 you can't have it All 🙄 Otherwise thank you for an informing channel 🤗 And a merry Christmas to you and your family 🎄🎅🎁

[@MarioScianHQ]

haha absolutely -- agree, and while I'm not thrilled that I get 50% of my payslip going in taxes I know what I get out of it :) Thanks for the feedback and merry Christmas to you too!

[@mitnavn78]

And remember we are a happy country with the world higeshts taxex🇩🇰

[@mahdirasouli6005]

Can non eu citizen expats buy house in Denmark or they should live there 5 years before buying a house?

[@MarioScianHQ]

You can buy but need a permission, the real estate lawyers will help you on that

[@bentchristensen3770]

Vi bor ikke alle i København og arbejder for mærsk! Prøv resten af Danmark!!! De fleste steder har brug for en bil!

[@themohmand]

Dude 21k is the salary amount I receive after taxes 😂 but I am a software engineer working in the south so maybe those factor in

[@MarioScianHQ]

As a software engineer you can likely earn more

[@thilinasampath5029]

❤ better of you can speak bit slowly ❤

[@MarioScianHQ]

I speak slower in the newer videos

[@johnpedersen2958]

Its very very easy to avoid the high prices and taxes in Danmark. Just leave the country.