Taxes in Germany
The article describes the types of taxes in Germany. The reader will learn what taxes are paid in Germany by individuals, whether there is a progressive tax in Germany, and what percentage of taxes are paid to the treasury by the citizens with high income.
How to open a GmbH in Germany to buy property
If an investor plans on leasing a property, the tax on the rental fees is different if the property is registered to an individual or a legal entity. In this article, Tranio describes the steps to opening a GmbH in Germany as well as its registration and maintenance fees.
Tranio: How we spent 2020
Despite the turbulence experienced by global markets in 2020, we have continued to flourish. In fact, faced with such pandemic-era obstacles as border closures, we quickly adapted and mastered the art of closing deals remotely, all while expanding our partner networks in Greece, Spain, Germany, the United States and other countries.
Property tax in Germany
Foreign nationals pay taxes at the same rates as German residents on property purchases, ownership, lease or alienation.
Buying property in Germany
In Germany, foreign nationals can buy real estate of all types without limits: land plots, residential and commercial properties. Germany is the seller’s market, for which reason it is usually the owner who dictates the terms of the sale and the buyer who pays the agent’s (realtor's) fee.
Permanent residence in Germany: how to get
When you move to Germany on a permanent residence permit, the experiences that you will gain include a steady economy and high living standards, fair wages and excellent healthcare and education. Tranio experts share a checklist for those willing to move to Germany.
Family reunification in Germany
Family reunification (Familienzusammenführung) is one of the most popular grounds for immigration to Germany. The main condition for a permanent residence permit by family reunification in Germany is to have a relative or a spouse/registered partner residing in the country.
Immigration to Germany for Jewish descendants
Jewish descendants coming from the former Soviet Union have the right to immigrate to Germany under the relaxed rules enabled by a special state programme of the German government.
Business immigration to Germany
Business immigration to Germany is supported by the German government’s programme that allows investors and entrepreneurs to obtain a residence permit and find new business opportunities in the country.
Immigration to Germany
Immigrating to Germany offers the chance to improve your standard of living and secure a decent future for your children.
Germany’s aged care sector immune to Covid-19
More than €407bn (US $480.5bn) was spent on healthcare in Germany in 2019, according to the expectations of the Federal Statistical Office (Destatis). In 2018, German healthcare spending accounted for 11.7 per cent of the gross domestic product (GDP), giving Germany the second largest healthcare sector in Europe, after Switzerland.
Property maintenance in Germany
German property maintenance costs include taxes, insurance and utility payments. Average expenses vary between federal states: for instance, in the cities of Mönchengladbach and Wuppertal located in North Rhine-Westphalia, property maintenance is more expensive than in all the other regions.
European limitations on foreign property purchases
In Europe, no law prohibits foreign citizens from buying property but certain countries have put limitations on this right.
Residence permit in Germany
The presence of foreign citizens in Germany is regulated by the Law on residence, employment and integration of foreign citizens in Germany. Buying real estate does not grant foreigners the right to temporary residence.
Mortgage in Germany
Germany has one of the lowest interest rates for mortgage loans in Europe. German banks issue loans to purchase property to residents and foreigners alike. The process takes one month on average and costs about 1% of the loan value.
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