How to Withdraw Your Pension After Leaving Germany

Learn the process and implications of withdrawing your pension contributions after leaving Germany.

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Yes, if you leave Germany and are not from an EU/EEA/Swiss country, you can typically withdraw your pension contributions 24 months after departure. You need to fill out the required forms and submit them to the German pension authority. Be aware that tax implications may apply, and it's advisable to consult with a tax advisor. For EU/EEA/Swiss citizens, contributions remain in the German system until retirement age.

FAQs & Answers

  1. Can EU citizens withdraw their pension contributions from Germany? No, EU citizens typically keep their contributions in the German system until they reach retirement age.
  2. What forms do I need to fill out to withdraw my pension? You need to complete the required forms provided by the German pension authority to initiate the withdrawal process.
  3. Are there tax implications when withdrawing my pension from Germany? Yes, there may be tax implications when withdrawing your pension, so it's advisable to consult with a tax advisor.
  4. How long after leaving Germany can I withdraw my pension? You can typically withdraw your pension contributions 24 months after your departure from Germany.

Watch More

For more detailed insights into expatriate finances, check out our other videos on tax implications for expats and retirement planning for those moving abroad.

  1. How Long Do You Need to Work in Germany to Qualify for a Pension? Learn about the requirements to qualify for a pension in Germany including necessary contributions and qualifying periods.
  2. Claiming Your German Pension: Important Deadlines and Tips Learn essential tips and deadlines for claiming your German pension and ensuring a smooth retirement process.
  3. How Many Years Do You Need to Work in Germany to Qualify for Pension? Learn the requirements for qualifying for a pension in Germany, including the necessary working years and contributions.
  4. Can I Keep My German Bank Account After Leaving Germany? Learn about keeping your German bank account after moving abroad and understand the requirements involved.