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Average yearly wage: €35.000 to €45.000
Average retirement age: 67
Average weekly working hours: 40 hours
Currency: Euro
Managing your finances in Germany
Embarking on a new chapter in Germany as an expat can be both exhilarating and challenging. The country offers a blend of rich history, diverse culture, and abundant opportunities. However, mastering the German financial landscape requires careful planning and expert guidance. At GPI Europe, we specialise in assisting expats like you in managing your finances effectively during your stay in this dynamic nation.
Whether you are moving to Germany for work, study, or retirement, having a well-thought-out financial plan is essential to ensure a comfortable and secure lifestyle. Our team of experienced financial advisors is well-versed in the German financial market and can provide you with tailored advice to meet your specific needs and goals.
At GPI Europe, we understand that each expat’s financial journey is unique. Our personalised approach ensures that we work closely with you to understand your aspirations and financial goals. Whether you’re seeking short-term financial solutions or long-term wealth management, we are dedicated to providing you with the knowledge and resources to make informed decisions and thrive financially during your time in Germany.
Navigating the financial landscape in a new country doesn’t have to be daunting. With GPI Europe as your trusted financial partner, you can embrace the opportunities that Germany has to offer and embark on a successful and rewarding financial journey. Let us be your guide to financial security and prosperity as you settle down and make the most of your time in this remarkable nation.
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We will get in touch with you shortly at pochta@mail.comto arrange a convenient time for our face to face online meeting
Face to face financial advice online
Feel free to arrange a free online consultation with our financial adviser, in the comfort of your own home or place of work.
Interesting facts about Germany
- Technological advancements: Germany is renowned for its engineering prowess and technological innovations, with a strong focus on research and development.
- Beer culture: Germany is famous for its beer and has a long-standing tradition of brewing, with numerous beer festivals held throughout the year.
- Autobahn: Germany is known for its highway system, the Autobahn, which has stretches without speed limits in some areas.
- Green energy: Germany is a global leader in renewable energy, particularly in solar and wind power.
- Christmas markets: Germany’s Christmas markets, known as “Weihnachtsmärkte,” are popular attractions during the holiday season.
Top benefits of living in Germany for expats
1
Strong economy
Germany's stable and robust economy provides ample job opportunities and career advancement for skilled professionals.
2
High quality of life
Germany offers excellent healthcare, education, and social services, contributing to a high standard of living for residents.
3
Efficient infrastructure
The country boasts a well-developed and efficient public transportation system, making it easy to travel within cities and across the country.
4
Cultural diversity
Germany embraces a rich cultural diversity, and many cities host international events, festivals, and expat communities.
5
Work-life balance
Germans value a healthy work-life balance, with regulated working hours and generous vacation days.
German cities to move in
Berlin
As the capital and cultural hub of Germany, Berlin offers a vibrant and diverse lifestyle with a thriving arts scene and a dynamic startup ecosystem. A typical meal costs between 8 and 15 euros per person, with a glass of house wine priced at 3 to 5 euros and an espresso at 2 to 3 euros. The population is approximately 3.7 million.
Munich
Known for its high quality of life and rich history, Munich offers a mix of tradition and modernity, along with picturesque surroundings and excellent job opportunities. The average cost of a meal per person ranges from 10 to 18 euros, with a glass of house wine priced between 3.50 and 5 euros, and an espresso costing 2 to 3 euros. The population is around 1.5 million.
Hamburg
Germany’s second-largest city, Hamburg, is a major economic and cultural center, known for its maritime heritage and picturesque harbor. A typical meal costs between 10 and 18 euros per person, with a glass of house wine priced at 3.50 to 5 euros and an espresso at 2 to 3 euros. The population is approximately 1.8 million.
Frankfurt
As a financial hub, Frankfurt attracts expats in the finance and business sectors. It offers a cosmopolitan atmosphere with a mix of modern skyscrapers and historic architecture. The average cost of a meal per person ranges from 10 to 20 euros, with a glass of house wine priced between 3.50 and 6 euros, and an espresso costing 2 to 3 euros. The population is around 763 thousand.
Düsseldorf
Düsseldorf is a city of fashion, art, and culture, with a strong international community and a lively social scene. A typical meal costs between 10 and 18 euros per person, with a glass of house wine priced at 3.50 to 5 euros and an espresso at 2 to 3 euros. The population is roughly 617 thousand.
Leipzig
Known as the “City of Heroes,” Leipzig combines a rich history with a burgeoning cultural scene, making it an enticing destination for expats seeking a balanced lifestyle. A meal generally costs between 8 and 15 euros per person, with a glass of house wine priced at 3 to 4.50 euros and an espresso at 1.50 to 2.50 euros. The population is estimated at 593 thousand.
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Our guide to taxes in Germany is waiting for you at pochta@mail.com
Guide to taxes in Germany
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