Questions tagged [germany]

to be used for any question within the geographical region of Germany

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0answers
60 views

cashier check and interest rate

I see news that in Germany banks are asking people to take the money to other banks and need to pay bank negative interest to keep money. A co-worker pointed a strategy that we can possible use in USA,...
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6answers
214 views

Why do credit unions in Germany charge a monthly fee (Kreditvereine Kostenloses Girokonto)?

I recently moved to Germany, and I was shocked to discover that almost all of the credit unions (Kreditvereine) and banks here charge a fee just for me to give them my money. Why? Background: I'm from ...
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3answers
165 views

Are distributing ETFs always better than accumulating ones?

I am trying to decide between investing in a distributing ETF or an accumulating ETF and to me the distributing ETF seems clearly to be the better option. Since so many people invest also in ...
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0answers
27 views

how does the taxation works if contract is from Spain and you are working in Germany

I am a resident in Germany and will have a contract from Spain. My work location will still be in Germany. Which country should I pay my taxes? How can this be arranged by payroll?
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1answer
40 views

Protect “Riesterrente”-retirement account from downside of liquidation

My mom has a german retirement portfolio called "Riester-Rente". Portfolio is mix of bonds and an international fund (DE0008491051). Long explanation: As part of legal compliance, they need ...
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1answer
66 views

Suggestion for my ETF portfolio to invest in Germany?

Below are my 3 ETFs to invest in Germany via Trade Republic as I will need to pay tax here (first 800 Euro is tax exemption). This is my first time ever to invest in stocks and I will hold it for 5+ ...
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2answers
111 views

Investing in Germany

I am an international student and I have an interest in stock markets.I work part time at McDonalds so my tax class is 1. If I were to start another job then I would have to keep one of my income to ...
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0answers
38 views

Will I pay tax in Germany on money sent to me by my friend who lives in the US?

A friend wants to send me money as a gift to help me with a few of my plans, my friend lives in the US, and I live in Germany (Berlin). Will I have to pay any tax on this money? Do I need to declare ...
4
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1answer
95 views

Is there a financial product similar to an annuity in Germany?

I'm trying to figure out how to buy an annuity in Germany. Specifically, I'm interested in a fixed immediate life annuity. That is, a product that would offer a fixed payout every month for the ...
3
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0answers
51 views

Paying aliments: how to consider debt from divorce itself?

It seems I may be divorced in Germany and I want to get my calculations right. I have a house worth 150k€. I have paid 50k€ before marriage. I have paid 100k€ during marriage. Remaining debt is ...
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0answers
36 views

How can a Mutual Fund that is not an ETF be traded on an exchange?

Have a look at https://www.onvista.de/fonds/DJE-Zins-Dividende-PA-EUR-Fonds-LU0553164731. It is the information page for a regular fund ("mutual fund"), not an ETF. Nevertheless, it has a ...
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1answer
59 views

How is income tax residency determined for person staying in multiple jurisdictions in a year

Suppose I stayed in multiple countries in a year for significant durations ( say 3 months each in 4 nations) and further assume that double taxation avoidance treaties are in place so how does one ...
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1answer
38 views

Which type of organization should I choose to register in Germany to minify taxes for a non-profit software products

I'm (being a resident of Germany) going to introduce a software foundation - keep in mind though that I'm using term "software foundation" in a non-legal sense; and actually the goal of this ...
5
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2answers
436 views

Invest in Vanguard Index Funds (from Germany)

I am planning to invest in Vanguard Index Funds while living/working in Germany, but only interested in specific ones (see below). But I cannot seem to find them via brokers that I usually do my ...
1
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1answer
62 views

Gifting money to non-relative (Germany to UK)

I am considering helping out someone I know with living expenses in the UK (so it would be gifting money from Germany to UK). This person is not a part of my family. One thing I have to consider is, &...
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0answers
25 views

Taxation question: German Citizen enrolled in Swiss University working remotely from Berlin as RA

I would be super happy to learn how I would be taxed given my circumstances. I will be starting a Research Assistant job at my university in Geneva, Switzerland. Starting in January, I will move back ...
4
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1answer
374 views

I saw the place and have a signed agreement, might this still be scam?

Note: This is happening in Germany so the relevant document is in German. Translations to English are my own. TLDR: After visiting a place the landlord and I signed a document "Protokoll des ...
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2answers
380 views

How do locals in Germany finance their lifestyle seemingly above their salary levels? [closed]

I am foreigner in Germany, and I have noticed that my neighbours seemed to have no problems financing very expensive lifestyle, which I doubt can be afforded by salary alone. My question is: Is there ...
4
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1answer
646 views

How is second income (full-time + freelance) taxed in Germany?

Hello ☀️ I am looking for some advice with some tax/finances questions. I am a software engineer, employed full time in Germany. I’m from the UK (EU citizen with no visa concerns, for now…). I earn &...
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0answers
20 views

Is foreign (EU) educational expense tax deductible for income in Germany?

I am a non-EU and I obtained a Masters degree in the Netherlands. And there was tuition fees involved. Now I will start working in Germany. Will the tuition expense in Netherlands be considered tax ...
1
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1answer
106 views

Long-term stock investment spanning multiple generations

Is there any financial product that would allow someone to invest a sum X (once or maybe add funds periodically) in a single stock, an ETF or similar for a minimum period of time, say 100 years? I'm ...
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0answers
69 views

Will I pay tax on selling the stock purchase plan I was granted by my employer in Germany?

Let's say an employer offers an stock purchase plan of 100EUR contribution from NET monthly salary of the employee across a quarter, that will be 300EUR total. Now let's say the employee at the end of ...
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0answers
33 views

Tax residency for Indian student in Germany and US

I am a citizen of India and I studied in Germany for three years (Sep 2017 to Aug 2020) before moving immediately to the US in Aug 2020 to start a doctorate program. Is my country of tax residency ...
11
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6answers
3k views

Negative p.a. rate for a 12-month loan

I ran across this offer (German) which basically promises me 1000 euros for free (or rather, they give me an additional 4 euros), and as far as the given offer shows, there are no further costs or ...
11
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1answer
3k views

Why is the price of hydrogen (H2) in Germany fixed at 9.50 EUR per kg?

In Germany there are only a few H2 gas stations. Why do they all have the same price? Why is the free market disabled here? Which law is responsible and why was it created?
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1answer
132 views

Tax-free dividends because of double payment?

I have just received a dividend of 0.11 $, from which 15% withholding tax was deducted. On the same day I received a dividend of 3,40$ from the same company, but without paying withholding tax. (for 3 ...
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1answer
120 views

When does the tax occur when selling ETF in Germany?

For example, I'm living in Germany and want to buy ETFs from Ing bank. If I buy an ETF for 10 Euro, then later I sell it for 15 Euro (but didn't withdraw the money out of the bank). At that time, does ...
2
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1answer
36 views

Tax implications of the interest earned in India

I have some questions regarding tax implications of the income in India from the following sources. NRE Account (FD and Savings) NRO Account (FD and Savings) Mutual Funds Interest in NRE account is ...
6
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2answers
677 views

What happens if you don't pay your credit card debt in Germany?

Thanks to COVID-19 I've lost my job, and I spent my money right and left very stupidly, and now I am in credit card debt of €3000. The bank blocked my account due to nonpayment for 3 months, and today ...
6
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1answer
267 views

What kind of insurance do I need for my little house in a garden?

There is a small house located in my orchard in Germany. The orchard contains mostly fruit trees and is situated in a landscape protection area. The house has two stories and is built of stone, but it ...
3
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1answer
1k views

How to cash a US check in Germany?

I am an Berlin based artist and I was going to participate in an event in the US in March. Due Covid-19 the festival got cancelled but the organization sent me a US check from the JP Morgan & ...
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1answer
140 views

Can a country that I live & pay taxes learn & know that I also pay taxes in another country?

I am a Turkish national, pay taxes in Turkey, but also if live & work & pay taxes in a Germany, can the German government know & learn that I also pay taxes to Turkey?
3
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1answer
99 views

What does “Listed Only” mean on German financial platforms?

When I'm looking at EFS, Funds and Stocks in the German market I alway see (and always only in English, surrounded by German words) "Listed Only" on all these exchanges. What do they mean? What is ...
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1answer
269 views

Can you legally keep topping up a pre-paid card with a credit card on a monthly basis to borrow money while earning points?

Having 2 credit cards, one of which is pre-paid, can someone keep topping up the pre-paid card with the other on a monthly basis therefore earning points? I am asking because in this way you can ...
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0answers
108 views

Buying Vanguard Total World Stock ETF in Germany via Flatex

I would like to invest in ETFs via an online broker in Germany (I use Flatex). I would like to buy an ETF tracking the MSCI World Index. The two main options I am considering are Vanguard Total World ...
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0answers
62 views

why is it always advisable to file taxes at the end of the fiscal year?

For a student living in Germany and having only income a tax-free scholarship, why is it always advisable to file taxes at the end of the fiscal year, as suggested by this answer
1
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1answer
170 views

Can I keep a German Bank account as non-resident

Last year (2019) I(non-european) did an exchange in Aachen, Germany (for 1 year) and had to open a bank account in Germany. I left it open on purpose when I left (around October) because I had an ...
3
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1answer
64 views

How much do I need to pay as taxes for this investment? How to calculate it?

I am relatively new to both investing and doing your taxes in Germany. I have read many articles, none of which were official documents because I couldn't find them (also I don't know German). But I ...
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1answer
46 views

Where is the fiscal resident of international students receiving scholarship

I am a citizen of Turkey, and I am studying in Germany while receiving a scholarship from the German government. Where is my fiscal residence?, i.e where is my tax-residency? Edit: I have no other ...
3
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1answer
93 views

Can public scholarship holders in Germany invest in stock market without losing their scholarship?

In Germany, if a person (a German national or not) receives a public scholarship (i.e funded by the government), they cannot earn more than 400Euros addition to the money they are getting from the ...
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2answers
55 views

German taxes while working in two different countries in 1 year

So in 2019 I spent 6 months working in Germany, moved out, and then spent 6 months working in Thailand (completely different companies). My family lives in Germany long-term, I have most of my stuff ...
1
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1answer
120 views

How safe are those online brokers and what to look for?

I am relatively new to the investment world. I know enough about economics & finance and I have bought & sold government bonds through my bank before. I am moving to a new country (Germany) ...
1
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1answer
127 views

Want to buy an american stock (Tesla) but I'm in Germany, which exchange should I go through for the best tax treatment?

I am a resident of Germany. Should I buy stocks on the Nasdaq or the German electronic exchange Xetra from a tax point of view?
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3answers
244 views

How to Compare Stock Exchanges?

Its not clear to me from a tax perspective (or other) which stock exchange I should buy from. For example; stock X may be available to buy on NDQ, FRA, or XET. What are the criteria for deciding from ...
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5answers
406 views

How to best make 100k EUR from 20k EUR within in 18 months [closed]

We will need around 100000 EUR by the end of 2021. We are willing to invest 20000 EUR. So how would we quintuple our funds within 18 months? We are aware that this is a high-risk undertaking and that ...
1
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1answer
54 views

When to declare a yearly bonus in Germany

I have been working for most of the past year in Germany as an EU national in a medium sized IT company, last January I was paid a yearly bonus in brutto corresponding to the previous fiscal year. I ...
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1answer
97 views

How much does a financial advisor charge in NRW, Germany?

I am 24 yrs old, software engineer working in Germany. I was able to save major chunk of my earnings and i am interested in investing the savings. I am interested in Real estate along with certain ETF'...
0
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1answer
88 views

Waiting for a refund that was approved 4 months ago. Company stalling and not getting back to me. Can I charge them interest on the sum they owe me?

As the title says, I booked a ticket with an airline (Condor Air) August, 2019. On December, 2019, I was granted a refund because their parent company went bankrupt and the airline stopped operating ...
2
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1answer
1k views

How/Where to open account for buying ETFs in Germany for beginners?

I'm from 3rd world country in Asia and have been living in Germany for a year and I want to invest some money (few thousands Europe as total and few hundred per month) to what called ETFs (exchange ...
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0answers
43 views

How is Deutsche Bank's vermögung service ROBIN?

I have been searching for different possibilities to invest in the markets for long term holding and trading. I do not intend to do leverage based trading and working with leveraged ETF's is not in my ...

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