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4. Iceland – 7,8 points

This geologically active country is rich in volcanoes and geysers (Ageyser is a hot spring that erupts water in certain intervals). Thanks to geothermal power Iceland gets its electricity and hot water dirt cheap. There have been occasions where steel has been shipped for processing from Australia or Africa and when finished shipped back to the originating country. Cheap local energy actually makes this cost effective. According to theHuman Development Index, Iceland (together with Norway) is the world’s most developed country. (来源:http://www.EnglishCN.com)

3. Austria – 8,0 points

Austria is the home to the popular energy drink Red Bull. This country is also one of the few in the world, that allows legal voting beginning from age 16. Upon turning 18, all Austrian males have to take part of a 6 month military service. The country has declared itself formally a neutral country or a  “perpetual neutrality” as they say it, but in reality it has taken part of various peacekeeping missions and also took part of the UN sanctions against Iraq. Thanks to the wide use of wind-, solar- and hydropower Austria produces around 80% of its energy from renewable resources. Education is mostly free, with the exception of an average semester fee of 583 dollars (370 eur) in universities. As you probably guessed – student loan debts are not an issue in Austria.

2. Switzerland – 8,1 points

This cheese and chocolate producing land is the world’s 10th richest country. Switzerland’s neutrality helped their banks to raise some serious cash – for decades it was possible to open a bank account without having to identify yourself. Upon opening an account, you were given a special number that anyone could use to deposit or withdraw money. This law was later changed since it attracted illegal money. Switzerland is also one of the top garbage recyclers in the world (66% to 96% recyclable materials recycled). They achieve this by keeping recycling free, but asking money for regular garbage – thus giving people a financial incentive to recycle.

1. Denmark – 8,2 points

Just like Sweden, Denmark is a Nordic welfare state with most of its services free to the citizens. Expect to pay 72% of your money to the government on the highest income tax bracket. According to Wikipedia Denmark has the worlds highest taxes! When buying a car in Denmark one has to pay 25% VAT to the import price of the vehicle and then a 180% registration tax on top. That means when a car sells for $20 000, you have to pay an additional $45 000 as taxes for the government (total of $65 000). That’s why people in Denmark ride bikes or use one of the best public transport systems in the world. Denmark also has 2 autonomous provinces – the Faroe Islands and Greenland. The latter is over 50 times larger than Denmark but has about 100 times less people.

Other notable countries

  • USA – 7.4 points – 17th place
  • Great Britain – 7.1 points – 22nd place
  • France – 6.5 points – 39th place
  • China – 6.3 points – 44th place
  • India – 6.3 points – 45th place
  • Japan – 6.3 points – 46th place

Source:financialjesus.com

 
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