Moving to Denmark: What you need to know? Where to get Danish Krones?
Packing a luggage and buying a plane ticket to Copenhagen is not enough if you are planning to move to Denmark for good and be well-prepared for your relocation. In this article we will explain what are the legal requirements, what documentation you need to prepare and how to set up your financial basics in the country.
Denmark: basic information
Population: 5.8 millions
Area: 43,000 km²
Currency: Danish Krone (DKK)
Official Language: Danish
Biggest cities: Copenhagen, Aarhus, Odense, Aalborg
Weather: Temperate climate with mild winters and cool summers. Mean temperature in January is 1.5 °C, while in August it reaches 17.2 °C on average.
Average salary: $43,000 yearly.
It’s also worth noting that Denmark is known for its high costs of living. The taxes are taking a significant part of your salary.
What you need to do to move to Denmark?
Based on the official guides, there are few things you need to cross off your checklist before moving to the country.
- Apply for residence permit
- Find a Job / Study program
- Find a Home
- Prepare and bring documents
- Start learning Danish
How to get permanent residency permit?
There are different requirements depending on where you are from. Citizens of the EU and EEA do not need any special visas and can easily go to Denmark and start working and living there legally.
Other residents should first find a job, as their employer may fill out the first part of the required documentation for them. There are also special application forms to fill, which you can find on the official immigration website.
Usually a Danish visa cost around $445, which includes a residence and work permit all in one.
If you are a student, applying for a student visa or moving there through a university program or exchange network, may be very convenient.
What is CPR number?
CPR is a civil registration number and every citizen is required to have one in Denmark. It is needed to open a bank account, get health insurance or even borrow a book from a library.
“The CPR number consists of ten digits. The first six digits are your date of birth (day, month and year) while the last four digits provide a unique identification number for all citizens in Denmark. The final four numbers also indicate your gender, ending in even numbers for women and odd numbers for men. You can only obtain a CPR number after you arrive in Denmark.”
To get it, contact your local CPR registration biuro.
Danish Krone - the official currency
So, you’ve moved to your new country and you are about to exchange all of your money into DKK… But how to do this efficiently and what actually are these krones?
Even though Denmark is a part of European Union, they have refused to use Euro, as an official currency. However, Danish Krone’s value is closely connected to EUR.
In stores you may see that the shortcut symbol for them is “kr.”. There are 50, 100, 200, 500, 1000 banknotes. The smallest coin is 50 øre, which is half of a krone. There used to be other øre coins, but they are not used anymore.
100-krone note is sometimes referred to as a “hund”, which means dog, but is a short form of the word “hundrede” (a hundred).
The 500-krone note can be referred to as a “plovmand” (ploughman), because of the previous designs with a man with a plough.
The 1000-krone note can be called a “tudse” (toad), because of the word “tusinde”, which simply translates to a thousand. Alternatively, the note is also sometimes called an “egern” (squirrel) because of the old design including a picture of a squirrel.
Where to exchange your currency to DKK?
If you want to find the best exchange rates for any currency and DKK, you can use our tool, which shows you live conversion rates on all of the available platforms. You can simply check out the top result to get the best rates and avoid any unnecessary markups or fees.
Send money to Denmark
You can also use various remittance services to move money from your overseas account to Denmark. If you are looking for the cheapest transfers use our compare tool, type in how much you need to send to and it will show you the costs on all available money transfer platforms.
Costs of living in Denmark
However, what’s the point of exchanging the money and getting krones if you can’t afford the living there? The table below shows the basic expenses you will face:
|One bedroom monthly rent outside city centre||5,000kr.|
|One bedroom monthly rent in city centre||7,000kr.|
|Regular lunch at a restaurant for two||600kr.|
|1 pint of beer||45kr.|
|Coffee at a café||30kr.|
|Utilities per month||1,220kr.|
|Fitness club membership per month||235kr.|
|A pair of jeans||685kr.|
|One-way ticket on local transport||23kr.|
|One loaf of bread||14kr.|
Open Danish Bank Account
In order to open a bank account in Denmark you need:
- Health insurance card (the “yellow card”) with a special CPR number
- Passport/ID card with photo
- Proof of address
- (A proof of employment may also be handy)
What is Dankort?
There is a special debit card called Dankort, which can only be used in Denmark. It is linked to your bank account and can be very helpful for any everyday payments. You can talk to your bank assistant about the details.
What is a NemKonto?
It is your “official” account, which is used by public authorities to send money to. If you have a few accounts, you need to choose one of them to be your “NemKonto”. They explain that: “Everybody in Denmark must have a NemKonto. Most residents in Denmark receive occasional payments of some kind from public authorities, and it is therefore useful and time-saving to have a NemKonto in order for the public authorities to transfer money directly into your bank account.”
Learn the language
If you are set and done with all of the paperwork and essentials, you can now sit comfortably in your new apartment and start brushing up on your language skills. There are thousands of courses available on the Internet. You can also try some of the popular mobile apps such as Duolingo or Babbel.
Depending on the region you live, there might even be official classes for immigrants held by local authorities or schools. Attend them to learn the language in person and meet your first new friends.