LIVING, WORKING, GETING EDUCATION AND HOW TO BUY, SALE PROPERTY IN GERMANY


Germany

is a federal parliamentary republic in western-central Europe. It includes 16 constituent states and covers an area of 357,021 square kilometers (137,847 sq mi) with a largely temperate seasonal climate. Its capital and largest city is Berlin. With 81 million inhabitants, Germany is the most populous member state in the European Union. After the United States, it is the second most popular migration destination in the world. Germany is in Western and Central Europe, with Denmark bordering to the N, Poland and the Czech Republic to the E, Austria to the SE and Switzerland to the SSW, France to the WSW and Luxembourg and Belgium to the W, and the Netherlands to the NW. It lies mostly between latitudes 47° and 55° N and longitudes 5° and 16° E. Germany is also NNW bordered by the North Sea and NNE bordered by the Baltic Sea. Germany is also SSW bordered by the fresh-water Lake Constance, the third largest lake in Central Europe. German territory covers 357,021 km2 (137,847 sq mi), consisting of 349,223 km2(134,836 sq mi) of land and 7,798 km2 (3,011 sq mi) of water. It is the seventh largest country by area in Europe and the 62nd largest in the world. Elevation ranges from the mountains of the Alps (highest point: the Zugspitze at 2,962 meters or 9,718 feet) in the south to the shores of the North Sea in the northwest and the Baltic Sea in the northeast. The forested uplands of central Germany and the lowlands of northern Germany (lowest point: Wilstermarsch at 3.54 meters or 11.6 feet below sea level) are traversed by such major rivers as the Rhine, Danube and Elbe. Significant natural resources include iron ore, coal, potash, timber, lignite, uranium, copper, natural gas, salt, nickel, arable land and water. Most of Germany has a temperate seasonal climate dominated by humid westerly winds. The country is situated in between the oceanic Western European and the continental Eastern European climate. The climate is moderated by the North Atlantic Drift, the northern extension of the Gulf Stream. This warmer water affects the areas bordering the North Sea; consequently in the northwest and the north the climate is oceanic. 

Standard of living

Germany is one of the countries with the highest standard of living in the world. According to the UN’s HDI Index, Germany is one of the most developed countries in the world in terms of life expectancy, degree of literacy and per-capita income. The healthcare system enables comprehensive medical care, whereby the social security systems of the statutory health insurances, care and accident insurance and unemployment support protect people against existential risks.

Business life

Germany has a social market economy with a highly skilled labour force, a large capital stock, a low level of corruption, and a high level of innovation. It is the world's third largest exporter of goods, and has the largest national economy in Europe which is also the world's fourth largest by nominal GDP and the fifth one by PPP.  The service sector contributes approximately 71% of the total GDP (including information technology), industry 28%, and agriculture 1%.[1] The official average national unemployment rate in April 2014 was 6.8%. The unemployment rate published by Eurostat amounts to 4.7% in January 2015, which is the lowest rate of all 28 EU member states.  With 7.1% Germany also has the lowest youth unemployment rate of all EU member states. According to the OECD Germany has one of the highest labour productivity levels in the world. Being home to the modern car, the automotive industry in Germany is regarded as the most competitive and innovative in the world, and is the fourth largest by production in the world. Germany is recognised for its large portion of specialised small and medium enterprises, globally known and followed as the Mittelstand model. Around 1,000 of these companies are global market leaders in their segment and are labeled hidden champions. Germany is the seventh most visited country in the world, with a total of 407.26 million overnights during 2012 Germany is well known for its diverse tourist routes, such as the Romantic Road, the Wine Route, the Castle Road, and the Avenue Road. The German Timber-Frame Road (Deutsche Fachwerkstraße) connects towns with examples of these structures. There are 40 UNESCO World Heritage Sites in Germany, including the old town cores of Regensburg, Bamberg, Lübeck, Quedlinburg, Weimar, Stralsund and Wismar. Germany's most-visited landmarks include i.e. Neuschwanstein Castle, Cologne Cathedral, Berlin Bundestag, Hofbräuhaus Munich, Heidelberg Castle, Dresden Zwinger, Fernsehturm Berlin and Aachen Cathedral. The Europa-Parknear Freiburg is Europe's second most popular theme park resort. .

Education  

Optional kindergarten education is provided for all children between three and six years old, after which school attendance iscompulsory for at least nine years. Secondary education includes three traditional types of schools focused on different academic levels: the Gymnasium enrols the most gifted children and prepares students for university studies; the Realschule for intermediate students lasts six years and the Hauptschule prepares pupils for vocational education. The Gesamtschule (comprehensive school) unifies all secondary education. A system of apprenticeship called Duale Ausbildung (dual education) does not lead to an academic degree. Instead, it allows students in vocational training to learn in a company as well as in a state-run vocational school. This model is highly regarded and reproduced all around the world. Most of the German universities are public institutions, and students have traditionally studied without fee payment. The general requirement for university is the Abitur, a qualification normally based on continuous assessment during the last few years at school and final examinations. However, there are a number of exceptions, depending on the state, the university and the subject. Academic education is open to international students and is increasingly common. In the Academic Ranking of World Universities 2008, six of the top 100 universities in the world, and 18 of the top 200, are in Germany.

Process of buying Property

There are no restrictions for foreign ownership in Germany. The buyer is responsible for paying transfer tax 3.5-6.5%, notary’s feed 1.2-1.5%, registrations fees 0.8-1.2% and agent’s commission 1.5-3%. Totally an amount of 7-13 % has to be calculated. The buying- selling procedures take generally a period of 3 months. Being property owner in Germany doesn’t give the right for a residence permit, but you can apply for a temporary residence permit and you can benefit of the advantages of a visa.