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The US-Iran War: What It Means for Your Wallet in Germany

On 28 February 2026, the US and Israel launched joint airstrikes on Iran. Iran retaliated by blocking the Strait of Hormuz, attacking Gulf energy infrastructure, and sending drone strikes across […]

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Save Taxes on Severance Pay in Germany

Severance pay (Abfindung) is not subject to social security contributions. But it is subject to income tax. As you get the whole severance pay in a single month alongside your

Ukraine War Casualties Reach 1.8 Million After Four Years

Ukraine War Casualties Reach 1.8 Million After Four Years

On 24 February 2022, Russia launched a full-scale invasion of Ukraine. Four years later, combined Russian and Ukrainian losses are reported to be as high as 1.8 million. The Centre for

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No More Paperwork to Get Kindergeld

The German government has drafted a law to automatically pay the child’s benefit (Kindergeld) into your bank account. You no longer have to apply for it. The new law for

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Become Eligible for Parental Allowance in Germany

Germany’s parental allowance (Elterngeld) is one of the most valuable financial benefits for new parents. But not every parent qualifies. If your income is too high, you lose your entitlement

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Tax Saving Tip For Spouses

What Is the Ehegattenschaukel? The Ehegattenschaukel (spousal swing) is a tax-saving arrangement. In this, you sell your rental property to your partner/spouse. Your partner restarts the property depreciation at the

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New Rental Reform to Fight High Rents in Germany

The rents in Germany are increasing consistently. This is good news for investors. However, for tenants, it has become very tough to find an affordable place to rent. How to

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Preventive Medical Check-Ups in Germany

Your public health insurance covers the following preventive medical checkups. Best dental insurance in Germany -> You get further gender-specific medical examinations (G-BA). Preventive medical checkups for women in Germany

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