Are you living in Germany without these important insurance covers?

 

Germany clearly leads the world when it comes to number of insurance covers per head. A typical person in Germany has on an average 6 different types of insurance covers.  Living in Germany without some important insurances can be very expensive in case things go wrong!

There is insurance cover available in Germany for anything you can imagine – from personal liability to a cover for your drone flying hobby! Some insurances like your health insurance and car liability insurance are compulsory in Germany, and others are quite important although not compulsory. Are you living in Germany without these important insurance covers? (more…)

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7 most important things to know before buying property in Germany

My own house under construction

In the past few years there has been an increasing trend in Indians buying apartments and houses in Germany. Germany is currently one of the best countries to live in Europe. Given the current economic situation and downward interest rates, buying property in Germany makes perfect sense from a long term perspective.

Buying property in Germany may sound like a difficult endeavour, considering numerous different aspect of the process you have to manage. On top of this, going through and trying to understand infinite number of documents written in formal German can quickly become cumbersome. However, it is very much possible to be an owner of your dream home in Germany. Certain amount of efforts and planning is needed to make sure everything goes smooth. (more…)

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