Key takeaways This is how you do it What is a private loan agreement in Germany? Lending money to a relative or friend is considered a private loan in Germany. Usually, you don’t draft a loan agreement when lending money to family or friends. However...

Key takeaways This is how you do it What is occupational disability insurance in Germany (Berufsunfähigkeitversicherung)? Occupational disability insurance pays you a monthly pension if you cannot work anymore due to health reasons. Don’t confuse it...

Key takeaways This is how you do it Health insurance after retirement in Germany The German health insurance system offers special status to people who reach retirement age. The status is called health insurance for retirees or Krankenversicherung de...

Key takeaways This is how you do it Relationship: Main tenant and Landlord What is considered subletting an apartment in Germany? When you, as a tenant, rent out part or all of your rented apartment or house to someone, it is considered subletting (U...

Key takeaways This is how you do it What is a rental deposit (Kaution)? When you rent a property in Germany, the landlord asks you to deposit a certain amount as security. This amount is the landlord’s financial security against damage to the rental...

Key takeaways This is how you do it Can landlords increase your rent in Germany? Yes, the landlords have the right to increase your rent in Germany. However, there is a cap on how much rent the landlord can increase. This cap varies depending on your...

Key takeaways This is how you do it What is covered in public health insurance? German public health insurance, also known as statutory health insurance, is rated one of the best in the world. It covers all medically necessary and economical treatmen...

Key takeaways This is how you do it Best public health insurance for expats in Germany We find TK to be the best public health insurance company for expats in Germany. If you can speak German, HKK is also a good option.  TK and HKK both are one of th...

Public health insurance coverage is not comprehensive in many areas, such as dental, nursing care, travel, etc. So, locals get supplementary insurance policies to cover the gaps. That’s not the case for privately insured individuals, as they can deci...

Key takeaways Types of banks in Germany There are two types of banks in Germany. Here are some main differences between the traditional banks and fintechs. Traditional banks Fintechs Physical branches ✅ No physical branches Fees High fees ✅ Low to...