Germans abroad · EU

Euro mortgage with a residence elsewhere in the EU

Netherlands, Austria, Italy, Spain, France — the simplest cross-border constellations for Germans abroad. Euro, no currency risk, an established circle of banks. This is a non resident mortgage case — financed from Germany, not against it.

In short

In short

Is financing a German property simpler with an EU residence?

Yes. With a residence in the EU and euro income, considerably more banks will finance than with third countries or a foreign currency.

Foreign-currency income and the banks that accept it →

Which EU residences are the most straightforward?

The Netherlands and Austria — euro income, no currency question and a large circle of banks. The loan-to-value range is 60–100 % in every EU country of residence, depending on income type and creditworthiness; the difference between countries is the circle of banks, not the range.

Market reference values

Market reference values, Germany

2.00 %ECB key rate
3.5–3.9 %10-yr mortgage rate (effective)
€100,000KfW home ownership (124)
€150,000KfW climate-friendly new build (297/298)

Market reference values for Germany, as of 06/2026 — not offers; terms depend on creditworthiness and the property. KfW funding modules depend on the project and on owner-occupation, with eligibility assessed case by case. Sources: Deutsche Bundesbank (MFI interest-rate statistics), KfW, Dr. Klein.

Which EU residences are simplest for a German mortgage?

Those inside the euro area. The Netherlands, Austria, Italy, Spain and France are the most straightforward constellations for Germans abroad. The reason is structural rather than administrative: income and loan share one currency, so there is no exchange-rate discount. What remains is an established circle of lenders that handles residence abroad as a routine matter. The loan-to-value runs at 60 to 100 % in every EU country of residence, depending on income type and credit standing; what differs is the size of the lender pool — large for the Netherlands and Austria, medium for Italy, Spain, Portugal, France, Belgium and Luxembourg.

A frequent case runs the other way round: you are moving to Spain or Italy for the quality of life but want to keep German investment property as ongoing income, or add to it. That combination needs the German financing and the local tax position coordinated from the start — the loan is straightforward, the sequence is what needs planning.

Countries

EU residences by how many banks lend there

Netherlands

Established · EUR

No currency question. Loan-to-value 60–100 %. Large circle of banks.

Austria

Very similar to NL

EUR, established. Loan-to-value 60–100 %. Cross-border commuter constellations too.

Italy

EUR, workable

A medium circle of banks. Loan-to-value 60–100 %.

Spain · Portugal

German citizens resident in ES/PT too

Loan-to-value 60–100 %. Tip: for investments in Spain itself → sister site perini.es.

France · Belgium · Luxembourg

EUR · circle of banks available

Loan-to-value 60–100 %.

DK · SE · PL

EU foreign currency (DKK, SEK, PLN)

A smaller circle of banks (6 to 10 banks) that accept these currencies. Loan-to-value 60–100 %.

In practice

How an application works with an EU residence

01

Proof of residence

Registration certificate, tenancy agreement or proof of ownership from the EU country.

02

Proof of income

Payslips or tax assessments from the EU country, in the original language + EN/DE.

03

Proof of equity

Bank statements; may be in EUR from an EU bank.

04

Notary appointment in Germany

Travelling in person is easy (EU free movement), or a power of attorney.

Special case

Germans abroad moving to Spain or Italy

A common constellation: you are planning a move to Spain or Italy for the quality of life — but you want to keep German investment properties as ongoing income, or buy new ones. I coordinate both:

  • Financing a German investment property while still liable to tax in Germany → classic, like a German residence
  • Holding/financing a German investment property when your tax liability changes → an adjusted choice of bank, KfW options checked
  • Adding a Spanish or Portuguese property: the sister site perini.es serves non-resident mortgages in Spain and Portugal directly — everything from one source
FAQ

Common questions

What about a residence in the Netherlands?
The Netherlands is an established constellation — I work regularly with German citizens living in NL. EUR income, no currency question, the circle of banks is large. Loan-to-value 60–100 %, depending on income type and creditworthiness; equity up to 40 % depending on the case, plus incidental costs.
Residence in Austria — what to bear in mind?
Very similar to the Netherlands: EUR, no currency risk, an established circle of banks. Cross-border commuters and Germans abroad are accepted by many banks. I also finance Swiss tax non-residents living in Austria.
Italy, Spain, France — what's possible?
Residence in IT/ES/FR + property in Germany: workable. EUR, no currency question. Credit assessment via tax assessments and employer confirmations. Loan-to-value 60–100 %, depending on income type and creditworthiness. I also arrange financing for German citizens who have moved to Spain or Italy.
Is an EU residence really simpler?
Yes. With residence in the EU and euro income, considerably more banks will finance than with third countries or a foreign currency.
Can I get KfW funding?
With residence abroad and a pure investment purchase, KfW funding is usually excluded; KfW 261 (renovation) remains open for let properties in individual cases. Buying for owner-occupation after your return to Germany gives the best chances for regular KfW programmes such as KfW 124 — we check what fits your planned return date.
I live in Spain — what about the property there?
If it is about a property in Spain or Portugal itself, our sister site perini.es helps. For a property in Germany, you are in the right place here.
What about non-euro EU countries?
Financeable there too; currency topics are added and not every bank accepts them, but we have those under control.
Other countries of residence

Financing from other countries

Request a feasibility check

I review your specific financing situation — free, non-binding, in German, English or Russian.

Related topics

Further pages

Overview

Germans abroad — main page

All countries of residence at a glance.