My new apartment in Denmark with “summerhouse” status and my new Danish bank accounts.

So today I received the keys to my new small apartment in the area Aarhus Ø in Denmark. It’s a new area they are developing and I think it is cozy. In 2022 I stayed living in Denmark after a heart attack and I stayed longer for the follow up treatment. I needed to open a bank account and called a few banks. They all made it sound very complicated.

I heard about the bank Lunar and downloaded their App. I easily opened an account with them using my digital Danish ID MitID. Afterwards I could transfer the funds that originated from a sale of a property abroad. I had the funds in a personal account abroad that I then closed. They approved my paperwork from the property sale.

It can easily become a chicken and egg thing. But you open the account and then transfer the money. Lunar bank made that process very easy. However Lunar bank says I cannot keep the account if I move back to the Dominican Republic. They only service clients living in the EU. I imagine they don’t want to deal with setting up that extra workflow for a few clients.

I then heard of Revolut and have set up an account with them now to see how they operate. With these banks I haven’t been in a physical bank or dealt with a bank advisor or a bank teller or anything like that. They operate…