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Can a foreigner get a mortgage in Germany?
There are no restrictions on foreigners purchasing German real estate, regardless of whether or not their country of origin is a part of the EU. German residents can borrow up to 80\% of the property value. Non-residents can be limited to approximately 55–60\% of the assessed value.
What are the benefits of EU Blue Card?
What Can You Do With as an EU Blue Card Holder?
- Equal work and salary conditions to national citizens,
- Free movement throughout EU,
- Social rights, including education, economic, cultural, human, health rights,
- Family reunification and.
- Permanent-residency rights.
Can a foreigner get a loan in Germany?
Yes, as a foreigner, you are able to get a personal loan in Germany when you fulfill the following requirements: Older than 18 years. Resident in Germany. Able to show regular and sufficient income.
Can EU citizen buy property in Germany?
There is no restriction on foreigners buying property in Germany, no matter whether they live in Germany or elsewhere. You can, therefore, buy property as a non-resident with the expressed purpose of renting it out, or you can choose to rent out your own home if you move away from Germany.
Can I work anywhere in the EU with blue card?
In general, the Blue Card is valid in all European Union member states, except Denmark, Ireland, and the UK. If the employment contract has a term of fewer than four years, the Blue Card is issued for the duration of the employment contract plus three months.
Is it hard to get a loan in Germany?
Germany is a credit conservative country and does not offer credit loan easily unless you meet some basic requirements. Therefore, in order to obtain a credit loan in Germany from a bank, you will have to meet at least the following requirements: A good SCHUFA score., i.e good credit rating.
Can I buy a house in Germany with blue card?
The answer is yes, you can get a mortgage in Germany with a blue card. Proof of a solid income: if you are a Blue Card holder, you can already prove this by definition. Equity for closing costs: these fees can be to up to 12\% of the property purchase price.
Can I buy a property in Germany with blue card?
There are no restrictions for non-Germans purchasing property. It does not matter whether you are an expat, a blue card holder, an EU citizen or non-EU citizen. If you live and work in Germany, you can borrow up to 100\% of the property price.
Do non-EU citizens need a blue card to enter Germany?
Yes. The journey into Germany complies with the general entry rules. Therefore, a citizen of a non-EU-country needs to apply for the EU blue card before his entry into Germany.
How long can you stay in the EU with a blue card?
EU Blue Card holders are allowed to go back to their home countries or other non-EU states for a maximum of 12 consecutive months without losing the EU Blue Card ownership. You can apply for the permanent residency permit after 33 months of working in the first hosting state, or 21 months if B1 language level knowledge is achieved.
How to apply for a blue card in the Netherlands?
A copy of the degree together with the IDW evaluation report must be submitted with the EU Blue Card application. The degree has to be evaluated prior to filing the EU Blue Card application. Foreigners graduated at a Dutch university can submit only copy of their diploma. The applicant must have a passport.
When can foreign citizens apply for permanent residence in Germany?
Foreigners who own the EU blue card can apply for permanent residence after 33 months. If they have German language knowledge at level B1 then they can apply earlier after 21 months (19a, passage 6, law of residence).