Viewing a single comment thread. View all comments

DeathStarVet t1_jacc90s wrote

Soooooo... We're all moving to Denmark, correct?

11

mrscript_lt OP t1_jaccnxf wrote

This does not say anything about price level itself :)

19

DeathStarVet t1_jaccqb7 wrote

Ahhhhhhhh dammit.

But won't it make a good investment?

2

mrscript_lt OP t1_jacd1xo wrote

Denmark is great country, indeed. But I have no clue if it makes a good Real estate investment :) Hungary was good investment 5Y ago. Who knows what next 5Y will bring. :) past isn't always good predictor of the future.

17

SigerMakkerMeget t1_jacp5fm wrote

Not yet. Prices here are still at a historic high point, and next year there are tax reforms coming that WILL increase taxes on most apartments and houses in attractive areas

2

Razjuul t1_jadpt8z wrote

I'm pretty sure you can't buy real estate in Denmark unless you are a citizen or have lived there for over 5 years or something along those lines.

1

PolemicFox t1_jae4fbs wrote

You can buy real estate here if you live here permanently, regardless of how long you've been here.

But in general you can't invest in real estate here from abroad.

2

Razjuul t1_jaeyar5 wrote

This is what it says on the ministry's site, so yah you right not citizenship but permanent residency

"To be able to purchase property in Denmark you are required to have either a permanent residence in Denmark or have lived in Denmark for a consecutive period of five years. The permission is obtained from the Danish Ministry of Justice."

1

Michael90_Denmark t1_jaceinp wrote

Housing is quite expensive here. 300-400k Euros for a 2 room 60sq apartment. 600k if you want to be in the city center.

But besides that we have a high salaries, and life is generally very good here. Healthcare and education is provided freely through taxes. Childcare is subsidized, and get a childcare check for each child you have. Students get paid to study when they are above 18 years old. Those things should be the main things that should draw you to Denmark.

7

PolemicFox t1_jae3zxc wrote

Only reason it's on decline is that price levels were getting ridiculous.

1