Tag Archives: Living in Austria

What You Need To Know About Living In Vienna

For useful articles and tips on moving to other countries and life as an expat, please like the PSS International Removals Facebook page and follow the Twitter profile.

 

Osamu Kaneko, vienna

Osamu Kaneko, vienna

 

As the capital city of Austria, Vienna is a very popular spot for expats thanks to its thriving quality of living. Ranked first for eight consecutive years running in the Mercer Quality of Living Survey Vienna offers the expat great restaurants, stunning architecture and prominent careers (both the United Nations and OPEC are situated here). There is also a huge number of conferences held in Vienna each year, bringing in some of the 3.7 million tourists each year.

Vienna is Austria’s largest city and is situated close to the borders of the Czech Republic, Slovakia and Hungary. It houses around 1.8 million of the Austrian population and has a thriving economic, cultural and political centre.

If you think Vienna could be the location for you, here are some essential facts and figures.

Language: The national language of Austria is German. The Viennese accent and some vocabulary may be different to that spoken in Germany. You will also be able to speak English here as Austrians learn it at school.

Currency: As in much of Europe the official currency in Vienna is the Euro. For more information on the current exchange rate, see here

Accommodation: Most expats choose to live in rental apartments in Vienna, rather than buy a property here. Renting is fairly straightforward in Vienna but experts recommend using a Real Estate Agent in order to navigate the rental agreements which can be binding. They can also give guidance on which of the 23 districts best suits your needs.

Healthcare: If you are moving to Austria long-term you’ll need to register with one of the public health insurance providers. They do not have an NHS as the UK does. It is the responsibility of the employer to register you with a health insurance provider, and once they’ve done this you will receive an Austrian health card, referred to as an e-card. You’ll need to take this with you when you visit the doctor or hospital. As a member of the EU you’ll also have access to healthcare with your European Health Insurance Card (EHIC).

Employment: With Austria’s unemployment rate standing at over 10.6% there is stiff competition for jobs. Some public sector jobs are being cut but there is an increase in technology and marketing roles for those seeking work. Tourism is big news in Vienna so finding work within these sectors – although much is seasonal – will be easy for most. Find more information here.

Climate: Austria has a very temperate climate with winters (December-January) hitting the -1’s to summer seeing the dizzy heights of 19 degrees. You’ll also find the most rainfall in June and July. During the summer you’ll see nine hours of sunshine in July, but just one in December.

Education: It’s compulsory to send your child to school in Vienna on the September after your child’s sixth birthday. They are required to stay at school for nine years going through primary, secondary and then higher school. Many expats send their children to international schools in Vienna. For a full list, see here.

Transport: The transport system in Vienna is second-to-none. Reliable, clean and cheap experts stress that it’s easier for people to travel around the city on public transport. Buses, trams, trains and subways are all available. Cabs are also on hand and remain reasonable compared to other European cities.

If you are considering a move to Vienna PSS International removals can help. We are a family run company, which has specialised in international removals for over 34 years. We are committed to providing a friendly, professional and stress free overseas move for all our customers. Whether you’re sending a full or part household removal, excess baggage or a vehicle, we will ensure that you receive the highest level of care and attention.

Contact us now for a free estimator’s survey, or simply fill in our online moving or baggage quote form.

Where in the world are you taxed most as an expat?

For useful articles and tips on moving to other countries and life as an expat, please like the PSS International Removals Facebook page and follow the Twitter profile

 

Numbers And Financewww.SeniorLiving.Org

Numbers And Financewww.SeniorLiving.Org

This is according to new research from the Molinari Institute. Each year the Institute works out each country’s Tax Liberation Day. This involves them assessing the tax, social charges and VAT each worker pays to the state compared to what they earn in average. They then work out how many days of that year it will take the person to pay it.

In France, it takes until the 29 July for each worker to pay their due, making them the highest taxers in Europe. The study found that in France 57.67% of the cost of the salary goes to the government. This year France has displaced Belgium, who held last year’s tax crown, with their Tax Liberation Day standing at July 27th. Belgians pay 56.9% of their salary to the government, which is a decrease from 59.47% last year. That said, as the report also points out that an increase in taxes on fuel, electricity and other essential services means that Belgians won’t see a real increase in their income.

Good news in Austria has cut its personal income tax rates in 2015, to save the country’s residents from being the most taxed in Europe, which has a huge impact on their Tax Liberation Day. Austria’s day is now July 19th, an incredible 15 days less than the year before.

In debt ridden Greece, it’s no surprise that their Tax Liberation Day has increased by 24 days since 2010. They currently stand at July 7th, having been at June 13 six years prior. With an increase in tax, and a decrease in salaries, their take home pay has dropped by 20% in the same period.

So where is the good news? Well, their are plenty of countries where living as an expat may be a bonus. Cyprus has the lowest income tax rates, at typically 1.5% of gross salary, making it the country with the lowest Tax Freedom Day. Live there and you will have paid back the tax by March 29th.

Malta (April 18), Ireland (April 30th), UK (May 9) and Bulgaria (May 19th) also top the poll. Countries such as Denmark, Luxembourg, Estonia and Spain follow close behind.

Interestingly, in euros, the report found that gross salaries ranged from 5,049€ (Bulgaria) to 54,560€ (Luxembourg). The average gross salary among the 28 states was 26,594€.

The report’s key findings across Europe included:

1. As a single economic entity, typical workers across the European Union saw their average “real tax rate” dip slightly this year, from 45.2% to 45.0%. Since 2010, this figure has risen by 1.0%, due mostly to VAT increases in 20 of the 28 states.

2. 44.4% of all payroll taxes collected in the EU countries – employer contributions to social security paid on top of gross salaries – are largely invisible to employees.

3. More than half (54.9%) of EU citizens are not in the labour force – a figure that is worsening as Europe’s population grows older : Since 2010, the proportion of Europeans outside the labour force has grown by 1 %.

Living overseas is never an easy decision but if you’re hoping to earn a good salary, it might be worth looking at the list in full to see exactly where your Tax Liberation Day may be. For a full list visit this website.

If you are considering a move abroad PSS International removals can help. We are a family run company and our desire is to ensure your family receives a friendly, professional and stress free overseas move. We have specialised in international removals for over 34 years, so whether you are planning on sending a full or part household removal, excess baggage or a vehicle we recognise the importance of ensuring our customers receive the same level of care and attention that we would expect ourselves.

Contact us now for a free estimator’s survey, or simply fill in our online moving or baggage quote form.