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

Online Banks vs Brick-and-Mortar

The past few years has seen the rise of the online bank, typically the choice of younger generations, online banks such as Monzo, have become increasingly popular and mainstream, now competing with the traditional brick-and-mortar banks. I have been with a brick-and-mortar bank since the age of 15 – my parents took me to open […]

Read More

Brexit Minister Provides Assurances of “Cooler Heads”

Pension fileThe government has provided further reassurance on the future of expat pensions and other financial products and services post-Brexit, with Brexit secretary Dominic Raab dismissing a Department for Exiting the EU technical paper which had appeared to cast their futures into doubt.

During a press conference, Raab had no hesitation in saying that access to expat pensions was little more than “a practical issue that we will be able to resolve”.

Raab’s statements were measured and entirely unflustered by some of the more recent sensationalist pronouncements on the subject. For example, he carefully explained that although a no-deal Brexit would have an inevitable impact on Britain’s contractual arrangements with EU member states, it was extremely unlikely that individual country to country relationships would suffer.

Read More

Select your country

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