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Non-EU Citizen looking to buy a house

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Michael
# Posts: Unknown
Last Post: Unknown
Date Joined: 18 Jul, 2013
# 1
11:28 Aug 6th, 2013 [10:28 Aug 6th local time]
Hi there,

I'm an Australian citizen looking into buying a house in Germany. Does anyone have advice on pitfalls I should avoid?

Cheers,

Mikey

EricaTesta
# Posts: 3
Last Post: 03 Sep, 2013
Date Joined: 08 Jul, 2013
# 2
14:24 Sep 3rd, 2013 [13:24 Sep 3rd local time]
Things to be careful about:

Agents - Avoid restrictive exclusivity agreements.

Commissions - These can vary quite dramatically, so make sure to haggle.

Capital Gains Tax - is 25% on any property sold before 10 years of ownership.

Visas - You will need a residence permit to stay for more than three months.

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