Contact

News & Insights

Brits Urged to Take Up German Citizenship

Furthermore, a spokesperson with the group said that even individuals who think they are not eligible should make enquiries, given that the process is only likely to become harder in the future. As it stands, to qualify for German citizenship an applicant must have lived for at least eight years in the country, speak the language, have no criminal record and, crucially, be able to pass a citizenship test.

However, if a person has been in Germany for fewer than eight years, but has strong ties with the country and is married or in a long-term relationship with a German citizen, there may be some leeway when it comes to the otherwise strict rules.

“We’ve been exchanging a lot of information on how to become a German citizen, what the requirements are and encouraging people to take up this option,” said the spokesperson.

According to Germany’s Federal Office of Statistics, last year 7,493 British people achieved German citizenship – a record number – 162% more than in 2016; a rise experts believe is directly attributable to concerns around Brexit.

Blacktower Financial Management

Blacktower Financial Management operates from numerous locations across Europe, including Germany. We specialise in all areas of expat wealth management and financial advice including assistance with SIPP and QROPS expat transfers and dealing with Brexit.

For more information about how we can help you successfully manage your wealth in Germany and the ramifications of becoming, or not becoming a Germany citizen, contact our financial services team in Germany today.

This communication is for informational purposes only and is not intended to constitute, and should not be construed as, investment advice, investment recommendations or investment research. You should seek advice from a professional adviser before embarking on any financial planning activity. Whilst every effort has been made to ensure the information contained in this communication is correct, we are not responsible for any errors or omissions.

Other News

Expat Healthcare in Spain

Medical tools and equipmentNow that the UK has left the European Union, healthcare for expats in Spain (or any other EU country for that matter) remains a question for many. We’re taking a closer look at the situation, to help you understand what might change and how this could affect your expat finances, and your general wealth management in Spain.

Receiving expert financial advice in Spain should be a priority for anyone currently living as an expat in Spain, especially for anyone expecting to need healthcare in Spain, and also for those who plan to make the move now that Brexit has occured.

Read More

The ‘wheres’ and the whys of UK expats in Europe

As we hurtle towards the EU referendum and are being deluged with information about the whys and wherefores of Brexit or Bremain, Blacktower takes a look at what matters to us: the UK expats whose futures, whatever the outcome of the vote, are very much determined by the quality of their expat financial advice.

Just how many British expats are there in Europe?

Well, data published by the Office of National Statistics shows – although not completely reliably, we feel – that there are around 1.2 million British expats within the EU (some estimates put this figure as high as 2 million).

The vast majority of these live in tried, tested and sun-drenched destinations such as Spain and France. But before you start thinking that expats just move away purely in search of a sunnier climate, think again; the third most popular destination is Ireland (150 days of rainfall a year compared to the UK’s 133).

Read More

Select your country

Please select your country of residence so we can provide you with the most relevant information: