All you need to know about studying, working, and living in Germany
If you’ve been following me for a while, you know I’m a huge fan of real estate investing—especially in Germany. Back when we lived there, we didn’t just buy our dream home… we also went on to buy two more investment properties.
If you want to know more about how I became a landlord in Germany, I’ve shared the full story before. Honestly, I loved everything about it.
Two years ago, after our big move from Germany to the U.S., I sat down with my new American tax adviser and asked a seemingly simple question:
“Can I deduct the money I send to support my parents back in Hong Kong on my U.S. tax return?”
He looked at me, paused for a moment, and then said:
“No. Actually… depending on how much you send, you might even trigger a gift tax.”
Wait. What?! Gift tax?
The different tax classes can sound complicated to expats in Germany. What are the different tax classes? What do they mean? Which tax class is the best for your individual situation? Can you really save tax by changing your tax class in Germany? In this article, you will learn everything you need to know about tax classes in Germany.
Are you a freelancer or business owner in Germany? Understanding VAT in Germany (Value Added Tax) is crucial for managing your finances. In this article, I’ll guide you through everything you need to know about VAT in Germany, from the basics to the specifics. So, you can navigate the system with confidence.
Thinking about being self-employed in Germany? This guide will help you navigate the world of self-employment in Germany. We’ll explain the important stuff like how to start, what taxes you’ll face, and everything else you need to know such as pension, insurance, start-up grant, loans, etc.
Having a pet in Germany and wondering if you should have pet insurance? It doesn’t matter if you have a dog, a cat, or a horse. You are at the right place. In this article, you will learn everything about pet insurance in Germany. We will also talk about the best pet insurance provider in Germany. This includes both pet health insurance and pet liability insurance.
Looking for a free credit card in Germany? Check out this comparison of the top 5 free credit cards in Germany, both for travel and for cashback. In this article, you will also find all information about credit card in Germany, including credit card types, different costs, how to choose the best credit card, etc. Continue reading “Free Credit Card in Germany – Top 5 For Travel and Cashback”
In this article, you will find everything you need to know about unemployment benefits (Arbeitslosengeld) in Germany. We will also talk about citizen’s income (Bürgergeld) for those who are unable to finance their living expenses. You will learn about their differences, how much money you can get, the duration of the benefits, and how you can apply for the benefits. Continue reading “Unemployment Benefit in Germany (+ Citizen’s Income) – Application Guide for Expats”
Opening a bank account in Germany can be complicated if you do not speak the German language. In this article, you will find a comparison of the 5 best bank accounts in Germany with English services. Besides, you will also learn about what is needed to open a bank account, how to select a bank, what are the different types of banks and bank accounts in Germany, and more.
The cost of living in Germany has been rising and rising. We can feel the impact whenever we go shopping or fuel our cars. It is getting more and more difficult to save money. In this article, we will talk about the 8 best tips on how you can save money during an inflation time. This is not just about saving money. But also earning money passively.