Own a German rental property or interested in investing in one? Would you like to learn more about the property tax deductions available to help reduce your rental income tax in Germany? Whether you’re a German resident or nonresident, it’s important to understand the various rental property expenses you may be able to deduct to reduce your tax liability.
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Complete guide to buying property in Germany as a non-resident
Dreaming of owning a slice of Germany’s real estate pie?
Buying property in Germany as a foreigner can be a smart investment opportunity, but it’s important to understand the tax implications and potential challenges of owning real estate abroad.
Renowned for its stable economy, strong legal system, and commitment to quality living, buying property in Germany as a foreigner is a secure and reliable investment, and you can benefit from rising house prices.
Whether it’s a cozy Berlin apartment, a charming Bavarian villa, or an industrial space in Frankfurt, the German property market beckons. But if you’re not a resident, how do you navigate the ins and outs of this enticing market?
With every twist and turn in international property tax policy, global real estate investors are reshaping their strategies, hunting for the next big win.
This guide explains what you need to know about buying property in Germany as a non-resident.
If you are a non-resident in Germany and you own rental property, we can help with tax compliance.
Our team is specifically focused on ensuring the property owner’s tax obligations are all addressed both in Germany and at home. You can request a no-obligation consultation with a tax expert.
Key Takeaways:
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Foreigners can freely buy property in Germany.
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Expect 10–12% additional costs beyond purchase price.
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Property prices in 2024: €4,741/m² (median), higher in major cities.
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No citizenship granted via property ownership.
The secrets to successful furnished holiday letting in the UK
A furnished holiday let (FHL) is an attractive investment option for many landlords.
They offer flexibility, strong short-term income potential, and, until recently, favourable tax treatment.
But to succeed in this sector, it’s important to understand the rules, stay on top of upcoming changes, and ensure your property is legally compliant and efficiently run.
Continue reading →Property tax in Germany – Everything you need to know
As a non-resident German property owner, you are obliged to file a German tax return by the 31st of July of the year after you earned the income. Non-residents are subject to a personal levy on income derived from their German property.
The UK Rent a Room Scheme – what do non-resident landlords need to know?
UK Property Tax: Everything you need to know
In today’s globalized world, the United Kingdom remains a sought-after destination for property investment, drawing both residents and non-residents.
As property values continue to rise, the intricacies of UK property tax become increasingly significant.
Property ownership in the United Kingdom is a substantial investment, with far-reaching implications.
This article delves into the complexities of UK property tax and tax on rental property, offering a clear and concise guide to help you navigate the tax landscape and make informed decisions about your property investments. Continue reading →
Own a rental property in France? We created this ultimate French tax guide just for you!
If you are contemplating the acquisition of real estate in France, grasping the intricacies of property tax in France becomes crucial.
Understanding international property tax regulations is important for anyone investing in assets abroad.
In this article, you will discover essential information about property tax in France for non-residents and tax returns applicable to real estate investments and answer the question: “How much is property tax in France?”.
Continue reading →
What does the Polish Deal (New Polish Order) mean for non-resident property owners?
This article was reviewed by a tax advisor.
The Polish Deal (also known as the New Polish Order) was introduced on 1 July 2022, though some of the regulations will not take effect until 1 January 2023. In this guide, you will find everything you need to know as an overseas landlord with property in Poland about the Polish Deal.
What is the Polish Deal?
Rental income tax in Hungary – What you need to know
If you are a foreigner who owns a rental house or an apartment in Hungary, and you are earning a profit, you are required to file a rental income tax return to the Hungarian tax office by 20 May 2024.
Polish property tax – Everything you need to know
Poland has become an increasingly popular destination for foreign property investors in recent years, thanks to its stable economy, attractive real estate prices, and growing rental market.
If you’re an expat who is considering an investment in Polish property, it’s essential to understand the income tax in Poland for foreigners which can be complex and differ from other countries.
In this article, we will provide a comprehensive overview of the real estate tax in Poland, covering the various taxes and fees that property owners need to be aware of. By the end of this guide, you will have a comprehensive understanding of personal income tax in Poland, allowing you to make informed decisions when investing in Polish property.