Greenland (part of the Kingdom of Denmark) is in Northern North America, an island between the Arctic Ocean and the North Atlantic Ocean, northeast of Canada. The climate is arctic to subarctic with cool summers and cold winters. The official language is Greenlandic (locally known as Kalaallisut) – an Eskimo-Aleut language – Danish and English. German and French are also spoken, especially in the tourist areas. The main religion is Christianity. The economy of Greenland remains critically dependent on exports of fish, whaling and textiles and substantial support from the Danish Government, which supplies about half of government revenues. The public sector, including publicly-owned enterprises and the municipalities, plays the dominant role in the economy. The people of Greenland are hospitable, however they tend not to be very talkative and do not easily engage in small talk. Expatriate business dress is formal. The security risk for expatriates in Greenland is low. The largest risk for expatriates are the extreme climatic conditions. The currency of Greenland is the Danish Krone (DKK). Banking is on a par with that of Western Europe and North America. Medical facilities are good, however costs of treatment for expatriates from outside the EU can be high. The population of Greenland is 56,500 (2018 est.), while the inflation rate (CPI) is 1% for Greenland as at August 2018. Xpatulator Hypothetical Tax for Greenland is based on the current personal income tax rates which are between 36% and 44%, comprised of Municipality tax, National tax and Joint local municipality tax, depending on the municipality of taxation.
Cost Of Living
The cost of living for expatriates / professional migrants in In Greenland, the cost of each basket, based on local prices, compared to the international average, is categorized follows (Exact cost of living percentages only available in personalised reports): Greenland as at 1 October 2018 is very high in comparison to other places in the world. 1) Alcohol (where available) & Tobacco: Very High 2) Clothing: Very High 3) Communication: Very Low 4) Education: Low 5) Furniture & Appliances: Average 6) Groceries: Very High 7) Healthcare: Low 8) Household Accommodation: Average 9) Miscellaneous: High 10) Personal Care: Average 11) Recreation & Culture: High 12) Restaurants Meals Out and Hotels: Very High 13) Transport: Very High Greenland is for example 40.4% more expensive than USA for groceries, -5.7% cheaper for household costs than UK, and 215.1% more expensive for transport costs than India. The hardship premium for Greenland for an expat from Australia, is for example 10%, i.e. host location (Greenland) premium of 20% minus home (Australia) location premium of 10%. Greenland is ranked as a some hardship location. Want to know more about cost of living, hardship (quality of living) or expat salary in Greenland? Register subscribe to your home location and Greenland and run your personalised reports.