Germany is known for its healthcare system with everyone covered for health insurance, under the statutory health insurance system or as a member of private health insurance. One Expat Explorer participant advises: “Don’t get lured in by private health insurance. The rates will go up with your age. Stick to the public “Krankenkasse” system. There are no pre-existing conditions, no age-related increases and free care for dependents.”
One of the most important actions to remember when you are moving to Germany is to open a German bank account. This is essential for lots of everyday services such as internet provision or renting an apartment. Another Expat Explorer confirms the importance of professional advice: “Make sure to get yourself well informed about the tax classes.”
“We work with a specialist agency to help assignees with the financial requirements involved with a move to Germany,” explains Sarah Huntridge, Global Move Specialist at BTR International. “This includes accessing a bank account and financial services, working with your credit history and liaising with financial organisations to make the process as smooth as possible.”
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