Since 2020, global travel restrictions have proven to be the primary factor impeding cross-border real estate transactions among Russian-speaking investors, according to Tranio’s latest annual survey.
The inheritance tax is one of the mandatory taxes in Germany for individuals who pay income tax.
Until 2014, the motor vehicle tax in Germany was collected by the tax office (Finanzamt) and is now collected by the customs office (Zollamt). In this article, we will clarify the amount of the vehicle tax levied in Germany and how to calculate and pay it correctly.
The residential complex OXO Apartments is a modern 12-storeyed condominium featuring various apartment layouts and located in Berlin’s Mitte district, the very heart of the city.
Pandion Midtown is a new residential complex in Friedrichshain, a borough in the Friedrichshain-Kreuzberg district.
In 2021, Alex and his family bought three apartments in Athens and applied for residence permits in Greece. Due to the pandemic, the entire purchase process took place remotely, and the Greece borders opened just in time for Alex and his family to travel to Athens to apply for a residence permit. Alex can now travel around the world visa-free and plans to spend his time at the seaside after retirement.
The new residential complex Fox Cube is located in a cosy green area of the Lichtenberg district, eastern Berlin. The residential property prices in Lichtenberg are lower than in the central districts averaging at about €6,200 for new developments, while it takes just 15-20 minutes to get to the city centre.
The residential complex Kiez is a contemporary building in Berlin’s geographical and political centre, Mitte. Kiez has 76 comfortable studios, as well as one- and two-bedroom apartments.
The survey Emerging Trends in Real Estate ranks the city of Berlin as the most stable real estate market in Europe, with 85 percent of Berlin residents renting the apartments they live in.
A cosy six-storeyed residential complex with 35 apartments is located in Gesundbrunnen, a district in central Berlin, Germany. The railway station Bornholmer Strasse of the Berlin S-Bahn is within 8-minute walk from the complex.
The residential complex Handjery is located on the same-named street Handjerystrasse in a quiet and green locality of Friedenau that is well-connected via metro with Berlin’s vibrant and modern city centre.
There are numerous taxes in Germany, many of which are rather peculiar. For example, a rainwater tax. This is a special levy on homeowners comprising a considerable amount of over a hundred euros per year.
Medical services in Germany are believed to be one of the best in the world. The 2020 report by the European Commission looking at the state and performance of healthcare systems in the EU ranked Germany as number four for the quality of medical services.
Investing in foreign real estate can help diversify risk and protect capital. Alexander Volik, analyst at Tranio, explains how investors can benefit from real estate investment.
Dividend tax in Germany (Abgeltungssteuer) is a tax on income from invested capital. Interest on deposits, shares and bonds is taxed as investment income. This tax is equal to income tax and is shown on your tax return along with other taxes paid.