How to Get Rich in Denmark (Unbelievable) 

Then again, if Peter had bought the most expensive property he could finance in 2006, he would have been in deep trouble.

If you sell your primery residance higher than you bought it, it means housing prices have gone up, that 15 million is not really a profit, since all houses are now much more expensive and he needs one. It’s basically inflation, it appears like you profiting, but you are not.

Mario, I love your videos. I'm binging them hehe. Thank you so much.

Greetings from Ukraine, Mario! Thank you for your videos full of useful and interesting information. I watch them with huge pleasure. I hope to get a job in CPH by the end of the year and move there with my family. I wish you good luck, keep doing amazing things!

Hola Mario, muchas gracias por tu video, esta ventaja fiscal es sobre la primera vivienda pero que opinas sobre comprar inmuebles en otros paises de europa, tendria sentido comprar la primera vivienda en Dinamarca y luego en otros paises.

Same in the UK

Very interesting, as I am soon to arrive in Denmark I could not help but wonder about the correct saving strategy. I can see why in a true first world country it would seem less risky to go with the real estate route compared to a third world country like Argentina. If you do not mind, are you aware of real life examples, be it personal or ones that you found online regarding success stories for expats in the danish real estate market? Thanks

Hej! Interesting video. I was just wondering - you say Party Peter is in a better situation than saver Sarah and on paper a millionaire, but does he not also have to have a well paid job to keep up with his loan payments (RealKredit loan)?

Mario I think that this is a very singular and one sided view. I do not doubt that situations like these exist, but I don't think that it can be generalised. The housing market can crash, and it has, and it will again in the future. I agree that real estate is one option, and can be a good one for certain people, but not for wveryone. What if you buy a house for 7 mil in cph and then the housing market crashes and you can't make your payment because you have been fired? What if party peter invested into bitcoin in 2012 and made tens of millions of euros? Or let's not go extreme, he just invested in something that brought him 10% per year, but he has no overheads (replace roof, other costs with house) and he is not stressed if he will be able to make the next payment? No doubt that skat will take a big chunk of his money, but he's quite liquid and stress-free. I am not saying that one is better than the other, because it is clearly not, I am just saying that it can be different for different people

Ciao Mario, thanks a lot for your content. What is the downside of sending money to your (or another) country and investing in index funds there (should the tax system be more appealing than the Danish one)? Could you be prosecuted by SKAT?

You are not considering that Denmark could change the tax law and introduce taxation on those capital gains. The world is changing.

But Peter pays High property tax and if House Price increase only little bit, he gets problem .

Does it makes sense to invest in countries of origin? For example, in Serbia if you invest on period over 10 years you don’t get taxed on capital gains. Thanks.

Just want to say , Argentina campion del Mondo :D !! vamos vamos

But the danish real estate is going down atm

I invest in Monero instead. See you in 10 or years, we will see how well it will age :D

Why do people say the Danish are the happiest people on the planet?

How to get rich video 😂 But love ur content Mario