living in germany
Banks and Insurance
In Germany, many financial transactions are carried out without the need for cash. For cashless payments, current accounts are used. With a current account it is possible to carry out all payment transactions. Pay money to the account For example by transfer or cash income and charge amounts on account, for example, by cash withdrawals and charge amounts on account, direct debit payments, permanent payment orders. The main purpose of the current account is the payment of bills and current expenses such as rent, electricity. Salaries are also transferred directly to a checking account. Thus. It is advisable to open an account in a bank, especially if you work.
Check with the bank of your choice if you wish to open a bank account to find out about the conditions and costs, as these can vary a lot. Also ask what documents you need to present to open the account. CreditFrequently the banks offer credits for large acquisitions. In such cases, the bank usually demands the payment of interest for the money lending, which can be high. Think about it very well before signing a loan. Keep in mind that you may have to pay the credit for many years and that your income may also vary. Inform of all the details, check the seriousness of the offer and compare several possibilities.
It is convenient to know: Seek professional help when you notice that you can not continue paying a loan. In all the big cities of advice for debtors. Employees of adult immigration counseling services can also help you. CREDIT IN DISCOVERY If you have a checking account, your bank will grant you, often a short credit, also known as a current account or overdraft. . By means of which, you can spend more money than you have available in the account, up to a certain limit. This guarantees flexibility for short-term expenses, but the interest can be much higher than a normal credit. Therefore, it is advisable to use these credits only if you need small amounts of money for a short time. You can search for information online: www.verbraucherzentrale.de Compulsory Social SecurityThe German social security system is a legal social insurance scheme that offers effective financial protection against life risks and their consequences, such as illness, unemployment, age and dependence. It seeks to guarantee each individual a stable standard of living, provides help and takes care of retirement pension, when people reach the end of their working life.
Social security is a compulsory insurance. Half of the compulsory social security fee is paid by the employer. The other half is paid by the workers through automatic retention of the corresponding amount of their salary. There are two exceptions for medical insurance, workers pay a little more than employers, but in return, employers pay the full amount to accident insurance. Through these quotas, you acquire the right to obtain benefits from the different areas of social security. The contribution to social security depends mainly on income. However, for medical insurance and pensions, the rule is applied that the quota does not continue to increase after a certain level of income, a maximum limit of the social security contribution. For more information on the Internet www.bmas.de www.deutsche-sozialversicherung.de Insurance and PensionIn principle, workers are covered by mandatory pension insurance. This insurance provides them with economic coverage in old age. As a general rule, until 2012, you received a retirement pension from the age of 65, and from that year the retirement age will be gradually increased to 67 years. As of 2029, this retirement age limit will apply to all those born after 1964. However, there will also be exceptions, for example, for those who have been paying for a particularly long time in pension insurance. Pension insurance also helps you if you limit your ability to work in the course of your working life, that is, if you can not work more because of an illness or disability or you can do it partially or if you become widow or orphan.
It is important to know that the retirement pension of a legal nature is lower than the income received during the working life. To maintain your standard of living during old age, it is advisable to supplement the compulsory retirement pension insurance with another type of private pension insurance. For more information online: www.deutsche-rentenversicherung.de www.verbraucherzentrale.de Health InsuranceCompulsory medical insurance provides assistance to you and your family in case of illness. Additionally, this insurance assumes the payment of many of the costs of health prevention, such as visiting the dentist, for example. Pay for habilitation treatments and cover the costs of birth of your children. If because of an illness you can not work for a long time and because of them you do not receive a salary from your employer, the health insurance pays you a sickness benefit in compensation (krankengeld)
For workers insurance is mandatory up to a certain level of income, general or special annual compensation limit. From this limit you can choose between belonging to the average compulsory insurance or private health insurance. You must choose between one of these two provisions. It is not possible to completely dispense with health insurance coverage. It is important to know that if you are a self-employed person you can also choose between being insured with compulsory medical insurance or with private insurance. However, private health insurances frequently present differences in their prices and services. Find out exactly and compare several offers. Employees of counseling services for adult immigrants could also help you. For more information online: www.bundesgesundheitministerium.de www.verbrauchersentrale.de www.vzbv.de www.vdek.com |
TEMARY:
LIVING IN GERMANY ENTER IN GERMANY Demands on immigration matters. Application process About the regulation of conyge LEARN GERMAN Integration Course German course Orientation Course Integration Certificate German for professional purposes INFORMATION AND ORIENTATION Advice for adults Advice for immigrant youth Special programs and individualized advice Attention to the citizen, federal immigration office Internet as a source of information RESIDENCE AND NATURALIZATION Office for people belonging to the European Union Office for people not coming from the European Union Repatriated Germans Right of residence Types of residence Naturalization WORK AND PROFESSION Homologation of titles Professional orientation, employment placement Job application Continuing professional training Creation of a company and work on its own. Housing LIVING PLACE Housing search Housing Office Moving process State aid social housing Rentals and lease law CHILDREN AND FAMILY Pregnancy and protection of motherhood Parental permission Parental benefit Subsidy for childcare Family benefit for dependent child Options for child care Dispute and crisis family violence SCHOOL, PROFESSIONAL EDUCATION AND UNIVERSITY STUDIES Education system Types of School Special educational support program Vocational training Requirements to access university studies Adult education HEALTH AND PRECAUTION Care in case of illness or accident Care in your mother tongue Medical secret Preventive medical exams and vaccines Health prevention and childhood vaccination Sexually transmitted diseases assistance Assistance in case of addictions and drug use Assistance for disabled people INSURANCE AND BANKS Financial transactions credits Mandatory social security Pension insurance Health insurance Dependency insurance Accident insurance Unemployment insurance Insurance for people and goods |
|
Promote FREE your business with us
This website content unpaid advertisements.
Contact us. |