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Expatica is updating its popular Survival Guide to help you navigate Germany's leading cities. In our new city essentials section we set out all you need to know about forging a new life in Germany and its financial capital Frankfurt.On this page:
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Frankfurt's skyline reveals ambitions to rival London and New York |
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Frankfurt is one of Germany's economic powerhouse regions and likes to think of itself as "Mainhattan", an allusion to its skyscrapers and its location on the river Main. About 600,000 people work in Frankfurt, but like in Manhattan, most of them don't actually live there.
Some two thirds of the Frankfurt workforce choose to commute to the city, either because they prefer the suburbs and their higher quality of life, or because they can't find or afford an apartment in the city.
The latter holds true for a lot of people: Frankfurt has one of the severest housing shortages in the country, especially concerning inexpensive family housing and up-scale apartments in popular neighborhoods.
Despite the construction of some 2,500 apartments every year, Frankfurt's demand for housing is not even close to being met.
Those newly-built units, though, are very sought after and can be found mainly in Riedberg, the West and East Harbor, Rebstockpark and Friedberger Warte. Financially out of reach for many are the leafy neighborhoods of Westend, the Holzhausen Quarter, the Poets' Quarter (Dichterviertel), and the Diplomatenviertel, all located north of downtown and home to scores of consulates and executives' mansions.
Our expert Steven Grover delves into the murky waters of French healthcare for expats and asks how recent changes affect them?
Tax and estate planning figure prominently in the list of priorities of many financially secure expatriate residents of France.
From Gaelic clubs to Canadian Alumni organisations, there is bound to be an English-speaking club for you in France.
This is what you need to consider when making an early choice between purchasing or renting accommodation in France.
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