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Expat Advice: Financial Issues in Copenhagen, Denmark

Submitted by ResearchTeam

What is the name of the city or town that you are reporting on?

Copenhagen

Which banks do you use? If you have a local account, which bank do you use? How do you like it? Do you also have an account in your home country? Which bank? Do they charge for ATM withdrawals? Do they charge a lot for international wire transfers? How has it been working with them from abroad? Do you use a special international wire transfer service? Do you use an online bank? If so, tell us about them.

Before retiring in Copenhagen, expats should be aware of the cost of living, which is higher than in many other countries. They should also research the healthcare system and the availability of medical services. Additionally, expats should familiarize themselves with the local language, Danish, as it is the official language of the country. It is also important to research the visa and residency requirements for expats, as well as the tax system. Finally, expats should consider the climate in Copenhagen, which is generally mild but can be quite cold in the winter months.

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Traveling Mailbox serves thousands of travelers, expats, digital nomads, businesses, individuals and others in over 47 Countries by scanning their postal mail so they can view it online anywhere in the world. They provide customer service 7 days a week so if you need assistance, it is just a phone call away. Traveling Mailbox works with Evernote, Bill.com and Dropbox. And, there are Traveling Mailbox apps available for iOS and Android devices.
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