Why Invest?

Germany is in the heart of Europe and is the ideal location for business and foreign investment. It has a number of advantages over its international rivals.

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Market Report

We forecast that the Property prices in Berlin look set to increase in 2007. Hence 2007 Property Price growth forecast is about 2%.

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Economic Overview

Germany ranks second behind the United States in the service sector. Germany is first in the world and it is also the main exporter of wind turbines. The advancement and merging of the eastern German economy continues to be an expansive long-term process, with annual transfers from west to east amounting to roughly $80 billion.

Visa/Residency Issues

Visa to enter in Germany is required by all, besides nationals of the following countries:

American Samoa, Andorra, Argentina, Bermuda, Bolivia, Brazil, Brunei, Chile, Colombia, Cook Islands, Costa Rica, Croatia, Cyprus, Czech Republic, Ecuador, El Salvador, Estonia, Guam, Guatemala, Honduras, Hungary, Israel, Korea (Rep. of), Latvia, Lithuania, Macau, Malaysia, Mexico, New Caledonia, New Zealand, Nicaragua, Niue, Norway, Panama, Paraguay, Poland, Singapore, Slovak Republic, Slovenia, Uruguay, Vatican City, Venezuela and US Virgin Islands. But they don’t require Visa for stays of 3 months, after this time, they must obtain a Visa.

Visa isn’t required either for passengers who continue their journey by the same or first connecting aircraft; however, it is important check with the Embassy before your trip.

Citizens of EU countries holding a legitimate national ID card just need a passport to enter Germany. But, if you want to take up employment, it is necessary to have a full passport.

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Getting to Germany

An approximate flight time to Berlin from London is 1 hour and 55 minutes.

Fees & Taxes

• The buying fee for agents in Germany varies from Federal country to Federal country slightly. In most federal countries it is 5% plus the VAT.
• Registration fees, these add up to about 0.8 - 1.2%.
• Notary fee is of about 1.5%.
• Land tax is charged in Germany to cover local services and is rated usually below the current market value and would be around 1% of the rateable value. Non-residents are subject to wealth tax on property owned in Germany of around 0.5%.

Germany

Basic Information

Germany Overview

Germany, formally the Federal Republic of Germany, is a country in West-central Europe. It is bordered on the north by the North Sea, Denmark, and the Baltic Sea, on the east by Poland and the Czech Republic, on the south by Austria and Switzerland, and on the west by France, Luxembourg, Belgium and the Netherlands.

Germany is a parliamentary federal republic of sixteen states. The Federal Republic of Germany is a modern great power, and a member state of the United Nations, NATO, the G8 and the G4 nations. Germany is the world's third enormous economy by nominal GDP, the world's largest exporter of goods, and the world's second largest importer of goods. In 2007 it holds the presidency that is held by various people in turn of both the European Council and the G8 summits.

Average Property Prices

Buying Process

• Depending on the size of the investment a thorough research should be undertaken as of the location, first of all.
• In Germany the buyer has to present a so-called irrevocable acceptance of loan financing by a good bank before going to sign the notary contract or if he/she has the cash deposit, to bring proof of the existing funds.
• Review the paper work in detail.
• Once the buyer has reviewed the documentation it is now time for signature of the Deed.
• Next you have to pay the fees and the property is yours.