Finding Banks that Offer Online Banking in English
Dealing with banks is not always easy, and dealing with anything when there is a language barrier makes whatever it is you are dealing with a whole lot more difficult. So, if you are moving to Germany, you may want to do a little bit of research to find which bank is best suited for […]
Using Credit Cards and Other Forms of Payment while Staying in Germany
When traveling, and especially when moving to another country, it is best to know in advance how an individual can spend money upon arrival. There are many options for spending money abroad, however, with the abundance of credit card use in the United States, it is important to understand how well an individual can go […]
American Expats and the IRS in Germany
One thing that Americans need to keep in mind when living and working in Germany is that they are still obligated to file their taxes with the Internal Revenue Service . There is often some confusion when it comes to the filing of taxes to the IRS when coupled with working in a foreign country. […]
Saving for the Future – Private Pension Plans in Germany
For an expatriate living in another country, possibilities for retirement plans may seem difficult or confusing. The best way to solve this is to hire a financial adviser to offer the best options and advice for each individual financial situation. There are many options available to those looking to save money for the future —one […]
German Credit Card Recommendations
In Germany, credit cards are generally less popular than they are in nations such as the United Kingdom and the United States. With the possibility to shop locally as well as on the internet using one’s debit card (linked with Visa or Mastercard) or online wallets such as paypal, the ownership of a credit card isn’t as much […]
Banks and Banking in Germany
The banking system in Germany is more than likely rather similar to what you’re used to. There are many banking options available in Germany, as well as a wide variety of banks available. The process to get a bank account is very simple. Walk in to a bank, set up an appointment if there isn’t a representatives available to […]
German Retirement and Pension
The German Retirement and Pension System is a pay as you go system where fees are deducted from ones monthly income. This falls under the category Rentenversicherung (retirement insurance) and is reduced from your salary by your employer. Proof of your contribution can be seen on your payslip. Employees are usually not notified of this […]
International Money Transfers to and from Germany
International Money Transfers to and from Germany Transferring money Internationally can sometimes be expensive, especially if you are not aware of the hidden charges, exchange rates and fees that you may be subjected to. It may be helpful to find out this information in advance so that when the situation arises you aren’t left dumbfounded […]