Residence abroad

You live abroad and want to finance in Germany.

With residence abroad, a different set of banks applies, with different documents and usually a loan-to-value of 60–70%. Which bank takes your case depends on your country of residence. Pick your country — each page is tailored to that situation.

Frequently asked questions

Can I get financing at all with residence abroad?
In many cases yes. Country of residence, proof of income and the property are decisive. Loan-to-value is usually 60–70% and the choice of banks is narrower than for residents.
Which documents do I need?
Proof of income, proof of identity and property documents. With foreign-currency income, conversion evidence is added. We tell you in advance what your bank requires.
Will the bank count my foreign-currency income?
Some do, with a discount. Which bank accepts which currency varies a lot — that is exactly where we come in.
The sentence that decides everything

Residence decides, not citizenship

German nationals living abroad routinely assume that their passport keeps the ordinary rules in place. For a bank it does not. What matters is where you are tax-resident — whether you maintain a residence or habitual abode in Germany within the meaning of §§ 8 and 9 of the German Fiscal Code. If you have given up your German residence, you are subject to limited tax liability (§ 1 (4) EStG). In banking language: a tax non-resident. The passport changes nothing.

It is that status, not your salary, that halves the field of lenders. An engineer earning well in Zurich collects rejections that the same engineer living in Stuttgart would never have received.

Why lenders hesitate

The reasons they rarely state openly

  • Which law applies. Under the Rome I Regulation a consumer habitually resident abroad may in certain cases invoke mandatory protective provisions of that country. The lender then cannot be certain how the contract would be construed in a dispute — and uncertainty is more expensive than default risk.
  • § 505d BGB. If the bank assesses creditworthiness improperly, the borrower may reduce the interest rate to market level and terminate at any time. Foreign income makes a defensible assessment harder — so the exposure to that sanction rises.
  • Foreign currency, § 503 BGB. If the loan is not denominated in the currency of the country where you live, you acquire a statutory right to convert it. The right attaches to the currency of your country of residence, not to the currency of your income — a distinction that is constantly confused and costs applications.
  • The practical layer. Serving documents abroad, identification under anti-money-laundering rules, evidencing the source of equity held offshore, enforcement in the worst case. All solvable — none of it solvable inside an automated application process.

Some lenders do handle this. There are few of them, they do not advertise it, and comparison portals will not find them. That access is what this advice is for.

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