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You are here: Home Finance & Business Pensions & Insurance A guide to retiring in Germany

21/09/2006A guide to retiring in Germany

Germany's famous quality of life attracts many expats who want to retire here. But there are a lot of issues to consider, from health insurance to inheritance tax. We look at what you need to enjoy your retirement in Germany.

When it came time for former US Army soldier and longtime Heidelberger George Hall to retire, there wasn't any question he was going to stay in Germany.

"The good things about retiring in Europe? God, I can think of so many!" he laughs, then lists a few: effortless travel throughout the continent, easy access to genealogy resources (his hobby), the friendly and welcoming German people. And then, of course, there was the small matter of his German wife.

Hall has lived in Germany for nearly 30 years now, and his life here - and the growing list of places he's seen - reads like an advertisement for expatriate retirement. But if retiring to Germany sounds good to you, too, the first question you need to answer is, can you?

Happy to have your money

Luckily, if you're retired, you've already cleared the biggest immigration hurdle: finding work. Since you won't be stealing away a coveted job or depending on your salary to keep yourself, Germany is happy for you to come spend your pension here - provided you have adequate means and health insurance. If you've got that square, your next step depends on whether you're a citizen of an EU country or a third-country national; ie, everybody else.

To settle in Germany, all EU citizens have to do - again, provided they can prove they can keep themselves - is register at their local Einwohnermeldeamt. For Americans, Australians, South Africans and the like, it's a little trickier, at least if you're not married to a German.


Third-country nationals require a residence permit to stay in Germany for longer than three months; to stay for longer than five years, they need a settlement permit. Getting a residence permit takes a little patience and a lot of paperwork, but, if you've met the big two requirements - financial self-sufficiency and adequate health insurance - it's possible, though not guaranteed. Germany usually issues residence permits only for the purposes of employment, study, or rejoining a family member already resident in Germany. Exceptions are allowed for, and made at the discretion of immigration authorities.

 

 Meeting the big two gives you a good chance of getting a residence permit. You can apply for one after you've arrived in Germany. But if you're worried about your chances, it's smart to apply for your residence permit at your nearest German consulate before you come.

You'll need to meet an additional two requirements to get your settlement permit: sufficient knowledge of German, and basic knowledge of German legal and social systems. You apply for both permits at your local Auslaenderbehoerde. (See How to get a residence permit in Germany for more information.) 

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