Denmark
Day to Day Living in Denmark
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Day-to-day Living in Denmark
Property
The best places to get a good idea of the availability of property to let or buy are in local newspapers and magazines as well as sites on the internet. This way, you will be able to see what type of property is available in each area and the difference in prices, thus helping you decide whether to rent or buy a property.
When renting an apartment you can go through a real estate agent or through a private landlord. You will usually have to pay a deposit as well as a 3 month advance payment on a rental property.
If you are looking to buy a house or an apartment, property real estate agents will provide you with all the information that you need. Property prices vary depending on the area.
In Denmark, a buyer usually takes a mortgage loan in a finance society, which will offer this in exchange for security in the property. Mortgages are granted for up to 80% of the value of the property with repayment in instalments up until 30 years.
Pensions
Pensions are financed through taxes. The entitlement to pensions is not derived from previous income, but on the duration of residence in the country. One is entitled to full rate old-age pension when one is 65 years of age and has lived in Denmark for at least 40 years after the age of 15. If you have lived in Denmark for less than 40 years, your entitlement to a pension is 1/40 of the full rate pension for each year of residence in Denmark between the 15th and 65th year of your life.
Citizens from EU/EEA countries must meet certain obligations in order to be granted their pension. More information on this subject can be found on: www.workindenmark.dk/National_scheme.
Transport
Significant investments have been made in improving transport links between many of the EU countries, making business and trade very accessible.
Denmark has highly developed infrastructure and a good public transport system which is efficient and well organised.
Many people use bicycles as a means of transportation as there are many good bicycle tracks in and around the towns. The car, however, is the predominant means of transportation as it is very easy to drive in Denmark due to the well maintained roads and motorways. It is important to note that Driver's licences issued within the EU/EEA are valid in Denmark.
Cost of living
There is a relatively high cost of living in Denmark. The price of accommodation, food, transport and entertainment is higher than many other European countries. However, wages are also relatively high and with many free services including education and healthcare, living in Denmark can be quite affordable.
Public holidays
January 1st:New Year's Day
Sunday before Easter Sunday:Palm Sunday
Thursday before Easter Sunday:Maundy Thursday
Friday before Easter Sunday:Good Friday
March/April:Easter Sunday
Day after Easter SundayEaster Monday
Forth Friday after Easter:General Prayer Day
Forty days after Easter:Ascension Day
Seven weeks after Easter:Whit Sunday
Seven weeks and one day after Easter:Whit Monday
June 5th:Constitution Day
December 24th:Christmas Eve
December 25th:First day of Christmas
December 26th:Second day of Christmas
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