You can expect more money in 2025
The German government has reacted to the high inflation by increasing allowances and subsidies in different areas.
Here is an overview
Child benefits (Kindergeld)
- The child benefits (Kindergeld) will increase by 5€ per month to 255€* in 2025. So, parents of minor children can expect 60€ more per annum per child in 2025.
Child allowance (Kinderfreibetrag)
- The child allowance (Kinderfreibetrag) will increase to 9600€* for married couples in 2025. It is 9312 € in 2024.
- The government is also planning to increase the child allowance to 9540€* (married couples) retroactively for 2024.
Tax-Free allowance
- The tax-free allowance will increase by 300€ to 12,084€* in 2025.
- The German government is also planning to increase the 2024 tax-free allowance retroactively. The proposal is to increase the sum by 180€ to 11,784€*. It's currently 11,600€. If the proposal is accepted, you'll recieve a higher salary in Dec. 2024. It'll include the tax refund for all the previous months of 2024.
*The increases have been planned but have not yet been approved.
Visualization of the week
Based on our recent survey, 22% of the 2600 participants left or are thinking of leaving Germany due to the language. For 14%, integration is the biggest reason to leave Germany.
Settling into a new country with a different language is tough. As an expat myself, I can relate to the challenges many face. This is why we created GermanPedia - to offer expats access to all the tools and knowledge in English that the locals have.
What are we working on in GermanPedia?
We are on a journey to offer expats access to all the tools and knowledge that the locals have in English. It's a long path and a lot to cover.
Here are the highlights of the new projects we are currently working on.
Public health insurance cost calculator
This tool will help you calculate the cost of your current public health insurance and compare it with the cheapest health insurance providers in Germany.
Here are some screenshots of the tool (not yet live)
Ebooks and video courses
Another project that we are actively working on is creating ebooks and video courses covering various topics, such as insurance, tax, rent, culture, etc. We are partnering with experts in various fields to offer the best information to expats.
New on GermanPedia
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Dos and Don'ts in Germany
Every country has its cultural norms. Knowing them can make integrating with the locals less painful. Moreover, just knowing them can be fun. So, we gathered all the dos and don'ts in Germany.
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Benefits that only private health insurance offers
Germany offers two types of health insurance. Which health insurance is better for whom is an emotional topic and a complex one to answer. However, for those who seek the best medical coverage, private health insurance is the only answer.
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Tools
Health insurance
Rental
Courses
Others
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Missed or looking for the previous newsletters
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Freebies
Check out our shop to download freebies like rental contracts, checklists, books, etc. We created several free products to make settling in Germany easy for you.
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Expats guide to buying a house in Germany
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German healthcare demystified
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German healthcare demystified for students
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Deals for you
Ask an expert
Important types of insurance you should have in Germany
Personal Finance
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Free trading accounts
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Tax Software
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Free Checking account
NOTE: Investing involves the risk of loss Fixed account for 12 months (Festgeld)
- Up to 3.56% interest.
- Check offers from different providers here*.
Tagesgeld account for 6 months
- Up to 3.77% interest.
- Check offers from different providers here*.
Personal loan
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Tools
Health insurance
Rental
Courses
Others
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Enjoying this newsletter, guides, and tools! 🥳
Share your love ❤️
It helps others find GermanPedia.
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Missed or looking for the previous newsletters
If you are new or deleted the old newsletter, don't worry. You can access the previous newsletters here.
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Disclaimer
The information provided here is based on our own experience and in-depth research. The content might be inaccurate. It should not be considered financial, insurance, tax, legal, or any kind of advice.
We are not certified brokers or consultants. Always do your research and contact certified professionals before making any decision.
We finance our extensive work via affiliate links. Thus, some or all of the links in the post might be affiliate links.
We get money if you click on such a link or conclude a contract with the provider without costing you a cent extra.
Investment involves risk of losing money.
All links marked with the "*" are affiliate links.
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