Let's discuss taxation, retirement, and social rights for long-term immigrants in Chile and Norway. These countries offer distinct approaches.
Indeed. For immigrants, Chile and Norway present very different experiences.
In Chile, initial taxation only applies to Chilean-sourced income. However, global income taxation is implemented after a certain period.
Norway, conversely, is known for its high overall tax rates.
Regarding retirement, Chile utilizes a mandatory private pension system (AFP). Norway, in contrast, combines public and private pension schemes.
Correct. Chile's social security provides basic solidarity pensions for those with insufficient contributions, while Norway boasts a comprehensive social security system.
Chile offers access to public healthcare and education, with social support systems continually developing. Norway provides healthcare, education, unemployment benefits, and a wider range of social services.
Therefore, Norway's social safety net is arguably more extensive than Chile's.
In summary, Chile may appeal to those seeking lower initial taxes and a less extensive social welfare system. Norway, despite higher taxes, offers a robust welfare state and comprehensive social benefits.