Binks Overseas

Scandinavia traditionally refers to three countries: Norway, Sweden, and Denmark. This region is known for its stunning natural landscapes, including fjords, forests, and mountains, as well as its rich history. Working in Scandinavia provides opportunities for professional development alongside a high quality of life. Known for its strong emphasis on work-life balance, many Scandinavian countries prioritise employee well-being, often providing generous vacation time, and flexible working hours. Explore the key benefits of working in each country below:

Denmark

• Robust welfare system, providing access to free healthcare and education
• Generous vacation policies, including a minimum of five weeks off per year
• "Expat Tax Scheme" designed to attract skilled professionals from abroad by offering favourable tax conditions and support for skilled workers in high-demand fields. Under this scheme, eligible employees can benefit from a flat tax rate of 27% on their income for up to five years, significantly lower than the standard progressive tax rates.

Norway

• Norway is well-known in the labour market for its strong trade unions, favourable worker rights, and high salaries
• One of the highest employment rates in Europe, with around 70% of the Norwegian population engaged in work
• Norway has a strong focus on sustainable practices
• Extensive ocean areas (six times greater than its land area!) - meaning key industries include oil & gas, fishing, renewable energy, maritime & shipping trade

Sweden

• Many Candidates can apply for the SINK Tax regime, meaning for the first 183 days the tax rate is applied at a 25% flat rate
• Benefit from a lower rate of Employers Social Insurance as Binks are a non-resident company - only 19.8% tax rather than 31.42%
• Sweden offers a 'job seeker' VISA that allows VISA nationals to access the Swedish job market before they have secured a job offer Quick and easy to set up as a freelancer - Binks Overseas can help with that!

Given all this, it’s no wonder these countries often rank among the "best places to work." If you’re thinking about a job in Scandinavia and need help navigating tax-related matters, contact Binks Overseas today at www.binksoverseas.com.