Germany Country Guide

Germany covers just less than 360,000 km2 and has a population of around 82,500 people. Its capital city is Berlin and the country uses the Euro as its currency. Germany is in the UTC+1 / CET time zone and uses the +49 international dialing code.

Why Choose Germany?

German Climate

Though it can see higher rainfall levels and cooler summers in its milder Northern regions, Germany is generally moderate. Germany's coldest alpine regions are in the South. Overall, temperatures of around 30oC can sometimes be reached.

Highlights

With an abundance of rich cultural heritage, Germany stands proud at the centre of Europe and serves well as a resourceful powerhouse of industry and economics. From its ancient castles, modern day city life, alpine regions and enticing beers and wines that are often celebrated with Septembers ‘Oktoberfest', Germany certainly is an all important country.

Access Germany

After Heathrow, Frankfurt airport is widely considered as being Europe's busiest and main destination for incoming flights, though Germanys other airports do invaluably service the country too, attracting regular budget flights that stray from the more popular routes. Eurotunnel can get you within 3 hours of the German border, so although Germany is accessible via road, air, rail and sea, the choice of taking your car (along with relevant documentation) is also open.

Relocation to Germany

Aside from non-citizen employment seekers who won't be granted social or financial assistance, Europeans looking to relocate to Germany are simply unrestricted and the only requirement asked of anyone is that they register within a certain time.

Invest in Germany

Despite the paperwork, the German purchase process is fairly straightforward and is generally undertaken thoroughly by an impartial notary; however, independent local lawyers and their services are highly recommended. Remember too that land tax applies to local services and any German property owned in by non-residents will be liable to 0.5% wealth tax. Apartments attract monthly maintenance fees or ‘Hausgeld'. It's true that only 42% of Germans own their homes and do prefer to rent. Assertive investors are anticipating strengthened financial returns to follow the forthcoming world cup proceedings, boosting what some perceive as being a somewhat unrealized market.

German Property Hot-spots

Property Berlin

Overseas investors from around the globe particularly focus on Berlin and its many ‘state treasures' that can feature bunkers, TV towers and anything in-between. The state once owned at least half of Berlin property, before choosing to auction it on Berlin's recently active property market.

Property Munich

Property in predominantly undeveloped Munich is highly sought after, owing to its escalating business facilities and tourism appeal. It commands some of Germanys highest rental costs which are expected to stay that way for the foreseeable future.

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