FAQ

What does being “well-insured” really mean when it comes to obtaining mandatory health insurance in Germany? The cost and coverage of an insurance policy, as well as its suitability for your personal situation while living as an expat in Germany, may be the only apparent determining factors for whether or not you made the right choice in healthcare. However, there are several other equally important aspects that determine whether you made the best choice for health insurance – or merely a good one.

In Germany the law is significantly different than in other countries as there is no limit on the damage has to be compensated if the person is announced to be responsible for an accident. That’s the reason that almost every German person has private liability insurance.Have you ever considered any of the following could happen to you? Or have happened already?

The absence from work due to sickness over a longer period of time, can have drastic impact on the financial situation of insured persons. Self-employed persons with private health insurance do not get continued wages or coverage when having to stop work due to illness. In order to protect against the loss of income due to illnesses for a longer period of time, self-employed and freelancers should take out a private daily sickness allowance insurance. 

The German pension system is regarded highly among other pension systems worldwide. However, due to an ageing population, the German government has introduced several reforms since 2002 in order to maintain its long-term efficiency. These reforms include increases in the retirement age and reducing maximum state pension payments, among others.

Germany, known for its economic prowess, rich culture, and efficient infrastructure, is an attractive destination for expatriates seeking new opportunities. However, along with the allure of living and working in this European powerhouse, expats often have questions about tax regulations in Germany. In this comprehensive guide, we will navigate the complex landscape of expat taxation in Germany for the year 2024.

Moving to Berlin, Germany is a very exciting, yet challenging experience. The whole move in itself may be stressful, however, one of the largest challenges is that you will be arriving in an unkown location, in which you have to start a new life in. Most of the time, ample research and knowledge about the location, makes it easier to integrate and get used to your new way of life!