Which German banks finance tax non-residents?
Through our platform access (Prohyp, Baufinex, Forum, ABACUS, Hyposmart) we reach more than 650 banks — for tax non-residents, Germans abroad and expats, only a small subset of that structurally applies. Olga Nikushkina has arranged more than 300 financings for tax non-residents since 2019.
Why is the pool of banks smaller for tax non-residents than for residents?
Not because of creditworthiness, but because of each institution's internal scope: cooperative banks and Sparkassen are often bound to their local service area, and direct banks are optimised for standard cases with German income — neither fits residence abroad structurally. Of the 650+ banks we reach through our platform connections, tax non-residents are left with a circle of about 6–10 institutions, mostly with international experience, plus two or three specialised large banks. Olga Nikushkina has arranged more than 300 financings for tax non-residents since 2019. This is not legal or tax advice.
The number: 6 to 10 institutions — out of 650+ in reach
For tax non-residents, a small circle of about 6–10 institutions applies — mostly Volksbanken and Sparkassen with experience in international business, plus two or three specialised large banks. Which bank fits in the end depends on the country of residence, the income currency and the property. Since 2019, Olga Nikushkina has arranged more than 300 financings for tax non-residents — details by country of residence on the page Buying property in Germany while living abroad.
650+ banks — the institutions at a glance
Through our platform access (Prohyp, Baufinex, Forum, ABACUS, Hyposmart) we reach more than 650 banks, building societies, development banks and insurers. Four are profiled in detail in our bank comparison. The list below shows the breadth behind it, grouped by institution type:
Nationwide & regional
1822direkt, Badische Beamtenbank (BB Bank), Commerzbank, Consors Finanz, Degussa Bank, Deutsche Bank, DKB, DSL Bank, DZ Hyp, DZ Privatkundenbank, Gladbacher Bank, Hanseatic Bank (subordinated loans only), HypoVereinsbank, ING, Liga Bank, Münchener Hypothekenbank, NordLB, Santander, Sparkasse, Targobank, Volksbank/Raiffeisenbank.
In the bank comparison →State & federal funding
Kreditanstalt für Wiederaufbau (KfW), Investitionsbank Schleswig-Holstein, Investitions- und Förderbank Hamburg — plus the relevant state development bank by federal state.
By federal state →Bausparen & combined financing
Alte Leipziger Bausparkasse, Bausparkasse Mainz, Bausparkasse Schwäbisch Hall, BHW Bausparkasse, Wüstenrot Bausparkasse.
In the bank comparison →Long fixed-rate periods
Allianz, AXA, Barmenia, ERGO, Hannoversche Leben, Höchster Pensionskasse, R+V, Signal Iduna, Universa, Versorgungswerk Zahnärztekammer (VZN), Volkswohl Bund.
In the bank comparison →For the specific tax non-resident case, though: not every one of the 650+ institutions assesses every constellation the same way — we address your case to the fitting institution from this network, rather than scattering it blindly. The four profiled in our bank comparison (ING, Sparkasse, Volksbank, Commerzbank) each state openly where residence abroad becomes structurally difficult.
Frequently asked questions on bank selection
Which banks finance tax non-residents?
650+ banks compared — how many are actually approached for non-residents?
Are insurers an alternative to a classic bank?
Do I automatically pay higher interest as a tax non-resident?
Banks by country of residence
The conversion right under §503 BGB does not apply the same way everywhere — which constellation applies to your country co-decides which banks are in reach.
| Country of residence | Conversion right §503 BGB | Income currency |
|---|---|---|
| Switzerland | does not apply (not an EU member) | CHF |
| Austria | does not apply (euro) | Euro |
| Netherlands | does not apply (euro) | Euro |
| United Kingdom | no longer applies since Brexit | GBP |
| USA | does not apply (not an EU member) | USD |
| UAE & Dubai | does not apply (not an EU member) | AED |
| Sweden / Denmark | applies (EU, non-euro) | SEK / DKK |
| Norway | does not apply (not an EU member) | NOK |
Scandinavia
Sweden/Denmark with, Norway without conversion right.
Banks for residence Scandinavia →By country of residence and topic
All countries of residence
Switzerland, EU, USA, UK, Asia and more — each with its own bank selection.
All countries of residence →Tax non-residents — all topics
Loan-to-value, documents, conversion right, cross-border commuters.
Tax non-residents — all topics →Current mortgage rates
Rate bands and market situation — independent of residence.
Current mortgage rates →Run the numbers and check funding
Calculate your budget
How much property is realistically financeable with your equity and income?
Calculate your budget →KfW funding
Usually excluded for a pure investment property from abroad — returning for owner-occupation often opens up regular KfW programmes.
KfW funding →State funding by federal state
Almost every federal state has its own development bank, often combinable with KfW.
State funding by federal state →Discuss your case
Non-binding initial consultation free of charge — the bank pays our fee.