Questions tagged [germany]
to be used for any question within the geographical region of Germany
317
questions
17
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5
answers
7k
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Is my investment safe if the broker/bank I'm using goes into insolvency?
I'm using Scalable Capital as my broker. Once I buy ETFs through them, if Scalable Capital (or the bank they are partnered with) goes into insolvency, is my investment safe? I'm wondering if I should ...
- 335
0
votes
1
answer
200
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if my capital gain is less than 801 euros per year, then do I have to file any taxes?
In Germany, there is what is called a capital gains allowence of 801 Euro per year, so if I make less than 801 in profit by selling a share, etc. or getting dividends, then I don't have to pay any ...
- 373
1
vote
1
answer
330
views
What is the difference of buying Coca-Cola shares from the NYSE vs Xetra?
What is the difference of buying Coca-Cola shares from the NYSE vs Xetra?
I understand that the NYSE is in USD and Xetra is in EUR but the question here is about risks, dividends, and any other ...
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1
vote
2
answers
209
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Starting investing in the UK or German stock market?
I am a German citizen but living and working in the UK.
Starting my new job came with a higher financial benefit and stock options. I have never invested before but also don't want to waste this ...
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2
votes
2
answers
244
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What is the gift tax rate in Germany if I give my cousins money?
I would like to give a large amount of cash, about $75,000, to a cousin in Germany. What tax rate would they have for such a gift?
- 21
3
votes
1
answer
120
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Rough estimate of salary as freelancer equivalent to permanent [closed]
I have always worked as a permanent employee, but with so many companies working fully remote I am considering switching jobs. The thing is that most of the companies I am looking at are based in ...
- 131
3
votes
0
answers
81
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Living in France & working remotely in Germany - Tax class
I am working remotely from France for a German university.
The HR department is claiming they need to put me in class VI.
They say that since I am a remote worker (I have a normal public sector ...
- 131
0
votes
0
answers
103
views
Is a tax deduction possible for tuition fees in Germany?
If I already have a degree, and then pursue a second degree in an unrelated field, do the tuition fees lower my taxable income? What does it depend on? For example, assume that in 2022 I have an ...
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3
votes
0
answers
76
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Selling apartment, what taxes do I have to pay?
If I understand the tax laws in Germany correctly, it is as follows:
Case 1: If I owned the apartment at least 10 years I don't have to pay taxes if I sell at a higher price than I bought it.
Case 2: ...
- 635
0
votes
2
answers
166
views
Tax for two fulltime jobs in the US and Germany for a non-US non-European citizen
I am a non-US + non-European citizen who is doing a postdoc in the US (under the J1 visa), in parallel, I have a full-time job (remote) in Germany. What will happen to my tax, shall I pay any extra ...
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1
vote
1
answer
75
views
Strange call options price in Germany?
Disclaimer: I'm a beginner in the options world, didn't do any trades yet, just researching.
Today I looked at call options prices for BMW. On HSBC site I found this call option with expiration date ...
2
votes
0
answers
125
views
DHL Notification - Receive package without ordering [duplicate]
Today, I receive a notification from DHL that a company named Brand Addition Gmbh Hagen, that they have sent me a package. I have neither heard of the company, nor ordered anything from them. I also ...
- 21
0
votes
3
answers
163
views
Must I to pay a 2% commission if I invest in a mutual fund via an online broker?
If I invest in mutual funds via one of the online brokers; such as Interactive Brokers, Fidelity, Vanguard, etc.; do I need to pay a 2% commission to the exchange in which the shares are bought? If so,...
- 373
1
vote
4
answers
943
views
Put option - exercise when it expires but don't have enough money to buy stocks to sell
Ok, so here is my plan. I wanted to buy put options which will sell Tesla stock at Strike price 900 Euro in June, 2021. The price for an option is 2.3 Euro and I will buy 1000 options (total cost to ...
- 145
1
vote
1
answer
86
views
Bank account in Germany for non-EU-residents?
I am a Brazilian student with a German PhD contract scheduled to start on April 1st, but due to the COVID pandemic which is significantly bad in Brazil, the local German consulate cancelled all visa ...
3
votes
0
answers
83
views
Bringing life savings from KSA to Germany
I recently moved to Germany and my partner is planning to join me in a couple of months.
We used to work in KSA and have a sum of money greater than 10 000 euros saved up from our work back in KSA.
I ...
1
vote
2
answers
300
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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2
votes
6
answers
352
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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4
votes
3
answers
914
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 ...
- 143
1
vote
0
answers
40
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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3
votes
1
answer
63
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 ...
- 131
1
vote
1
answer
152
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+ ...
- 145
1
vote
2
answers
144
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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 ...
1
vote
0
answers
78
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 ...
- 133
5
votes
1
answer
339
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 ...
- 171
3
votes
0
answers
77
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 ...
- 131
1
vote
0
answers
47
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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1
vote
1
answer
83
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 ...
- 782
1
vote
1
answer
51
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 ...
- 293
7
votes
2
answers
1k
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 ...
- 183
1
vote
1
answer
127
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, &...
6
votes
1
answer
1k
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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1
vote
2
answers
439
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 ...
- 11
4
votes
1
answer
1k
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 &...
- 141
2
votes
1
answer
145
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 ...
- 161
1
vote
0
answers
76
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 ...
- 133
0
votes
2
answers
120
views
Is an issuer risk free financial product secure if the bank holding it goes under?
When purchasing ETFs or other financial products, I only choose finance products that are "issuer risk free", which means that in case the institution that sells these products goes broke I ...
11
votes
6
answers
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 ...
- 119
12
votes
1
answer
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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1
vote
1
answer
143
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 ...
- 141
0
votes
1
answer
263
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 ...
- 145
3
votes
1
answer
92
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 ...
- 141
7
votes
2
answers
3k
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 ...
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6
votes
1
answer
293
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 ...
- 205
3
votes
1
answer
4k
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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1
vote
1
answer
162
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?
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3
votes
1
answer
114
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 ...
- 33
0
votes
1
answer
332
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 ...
- 1
1
vote
0
answers
198
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 ...
- 152
0
votes
0
answers
71
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
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