Living and working in Germany offers expats a wealth of opportunities — from strong career prospects to a high standard of living — but it also brings financial complexities that require expert planning. Navigating the German tax system, social security contributions, and cross-border wealth management can be challenging, particularly for UK or international professionals with assets and income spread across multiple jurisdictions.
Tax and Residency Considerations
Germany taxes residents on their worldwide income, meaning expats who stay long-term may be liable for German tax on all earnings. Understanding your tax residency status is essential, as are double taxation treaties that prevent you from being taxed twice on the same income. Structuring your income, investments, and pension contributions efficiently can significantly reduce your overall tax burden.
Retirement and Pension Planning
Expats often hold UK, EU, or international pension schemes that need careful coordination. Transferring pensions into a suitable structure, such as a QROPS (Qualifying Recognised Overseas Pension Scheme), may provide tax advantages and currency flexibility. Tailored retirement planning ensures you’re saving effectively within the German system while maintaining global tax efficiency.
Investment and Wealth Management
Germany offers a stable investment environment, but local taxation of capital gains and dividends can be high. Working with an international financial adviser helps you build a diversified, tax-efficient portfolio that aligns with your risk appetite and long-term goals — whether you plan to remain in Germany or relocate in future.
Insurance and Protection
Health insurance is mandatory for residents, and expats must choose between state and private cover depending on their income and employment type. Beyond this, life and income protection insurance can help safeguard your family’s financial stability.
Estate and Inheritance Planning
Germany’s inheritance tax regime applies to worldwide assets, with rates varying by relationship and asset value. Cross-border estate planning — using trusts, wills, or life insurance — can help you protect your legacy and reduce tax exposure for your heirs.
Expertise tailored to your needs
At Blacktower FM, we specialize in providing comprehensive wealth management services, retirement planning, and investment solutions specifically designed for UK and US nationals living overseas. Our team of seasoned professionals is here to assist you in achieving your financial goals.
A global leader in financial advisory
With over 35 years of experience, Blacktower FM has established itself as a trusted name in the industry. Our commitment to providing independent advice and tailored solutions sets us apart from the competition. We take pride in our ability to understand your unique financial situation and help you navigate through complex international markets.
Your local and global partner
Whether you are a local resident or an expat living in Europe, we are dedicated to offering holistic financial planning advice that aligns with your specific needs. With our extensive knowledge of local regulations and international markets, we can provide you with the guidance you need to secure your financial future.
Your aspirations, our priority
At Blacktower FM, we prioritize understanding your financial aspirations. We take the time to listen and gain a thorough understanding of your goals so that we can tailor our advice and solutions accordingly. You can trust us to be with you every step of the way as you work towards achieving financial success.