My wife and I are US citizens. We retired to Germany (Duesseldorf) in 2008. The process was actually easy for us because we both speak German fluently, we have sufficient assets, and, we have health insurance that is accepted in Germany. I believe that getting residence in Duesseldorf is quite easy because it is such a cosmopolitan city.
Retired from teaching in '99 , age 49, and moved to Germany. With a set pension, and my American teacher's health insurance plan which covered me until Medicare became available at 62, that was in sum total the documentation needed. It was only periodically renewed until my full residency permit was granted. One thing bears mentioning... I absolutely love living here, and am daily thankful for the extraordinarily rich quality of life which I share in. For those interested in coming here, your videos are both exceptionally well done and edifying. Thank you....
I am a US citizen and I would like to retire in Germany, but working or even retiring there is essentially impossible for many Americans because the taxes are so high, particularly on inheritance. But if Germany raises or eliminates the inheritance taxes like Austria did, it could be an option. I hope they do. Otherwise the only option for me is Österreich or die Schweiz.
I retired here but I was working in the UK and commuting back and forth before Brexit and after Brexit. Now I have retired, but they wanted to see all my paperwork pertaining to my UK pension arrangements, ownership of property as well as health insurance. You do not get taxed if your country has a dual tax arrangement such as the UK. Also if your pension is as a result of working for a government it cannot be taxed in Germany it has to be taxed by the the government that employed you.
I have an interesting question. If I were, for example to become a citizen in another EU Country like Ireland, would i then be able to move to Germany easier? Would it be as simple as packing my bags and moving there, like moving to another US state?
Worldwide income for residents of Germany, including all taxable interest, dividends, cap gains, foreign pensions, including US Social Security are used to calculate one's (legal, public) health insurance premium. Staying in the US with Medicare, ~200 Euro a month for Part B vs. ~350 Euro or probably more for (legal, public) living in DE. The rationing, waiting, bureaucracy under the legal public plan is real and of course varies. Private insurance in DE not available for those over a certain age who have not had it before, correct?
Its Time you start making a video on private pension plan and how it can save a lot of taxes at time of retirement compared to broker based investing...I am currently researching on lichestine life my netto plus for EU mobility and diverse ETF choices...