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Living costs Munich

Living costs Munich

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Old Apr 3rd 2018, 7:32 am
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Default Living costs Munich

Hi
I may take a short term contract (3-4 months ) in Munich, I am wondering is it possible to rent short term accommodation there and how much is monthly rent for a studio/1-bed in good area? Haven’t been there myself so any suggestion is appreciated! Many thanks!
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Old Apr 3rd 2018, 9:33 am
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Default Re: Living costs Munich

www.immobilienscout24.de will give you a general idea of the level of rents.

Short-term rents are often described as "Wohnen auf Zeit", "möbiliert" (i.e. furnished), or "(für) Monteure" (fitters, building site workers etc. to whom this accommodation is geared).

As you probably know, the pressure on accommodation is higher in Munich than in any other German city, and costs are correspondingly high.
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Old Apr 3rd 2018, 12:02 pm
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Default Re: Living costs Munich

Originally Posted by qianh
Hi
I may take a short term contract (3-4 months ) in Munich, I am wondering is it possible to rent short term accommodation there and how much is monthly rent for a studio/1-bed in good area? Haven’t been there myself so any suggestion is appreciated! Many thanks!
It is all a matter of budget. Shortterm accomodation comes at various price levels from luxury (serviced) to very basic. Google "wohnen auf zeit" and you can see a range of options.
An alternative would be to look at Augsburg which approx. a 40 min train ride away. It is a cheaper place, bit boring, but many people commute. If you can find accomodation close to a train station, it is easily doable. Just an idea.
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Old Apr 3rd 2018, 8:17 pm
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Default Re: Living costs Munich

Thanks for the reply! Other thing, what’s the tax like in Germany if I am not a resident? Thanks!
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Old Apr 4th 2018, 2:22 pm
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Default Re: Living costs Munich

Originally Posted by qianh
Thanks for the reply! Other thing, what’s the tax like in Germany if I am not a resident? Thanks!
https://europa.eu/youreurope/citizen...y/index_en.htm
You live in Germany for no more than 6 months - You are not considered tax resident, and pay tax only on income earned in Germany (limited tax liability).


You can easily calculate taxes here. You'll probably be Steuerklasse 1 (Single)
https://www.brutto-netto-rechner.inf...or_germany.php
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Old Apr 7th 2018, 11:13 am
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Default Re: Living costs Munich

Thanks for the all the reply.
I spoke to the potential employer, since it's going to be short term work and I won't be resident in Germany, I think it might be better if I work as freelancer and still pay tax to UK through self assessment.
Is any cons regarding going this route instead of being an employee paying German tax? I understand that I won't be covered by German health system, is it necessary to take up a private medical insurance for the duration I am there or my EHIC will do in case of emergency. Any thoughts? Many thanks!
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Old Apr 8th 2018, 2:29 pm
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Default Re: Living costs Munich

Originally Posted by qianh
Thanks for the all the reply.
I spoke to the potential employer, since it's going to be short term work and I won't be resident in Germany, I think it might be better if I work as freelancer and still pay tax to UK through self assessment.
Is any cons regarding going this route instead of being an employee paying German tax? I understand that I won't be covered by German health system, is it necessary to take up a private medical insurance for the duration I am there or my EHIC will do in case of emergency. Any thoughts? Many thanks!
I cannot comment whether EHIC will cover you for 6 months. You need medical in Germany. If you are an employee, employer will have to arrange insurance. You share monthly contribution. Insurance is compulsory in Germany. On this basis you also need to contribute to pension system and unemployment. Neither is of any use to you. To be honest, I would freelance, check out Ehic cover. If Ehic won't cover you for 6? months you should be able to find shortterm insurance in the UK to cover the time in Germany.

Last edited by Thairetired2016; Apr 8th 2018 at 2:33 pm.
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Old May 20th 2018, 7:39 am
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Default Re: Living costs Munich

Can't post links so need to repost.

the main issue is if you end up staying longer. You will need heath insurance. Don't get sucker ped into private health insurance. You do need to choose one best is TKK as they will respond in English.

Second issue is renting is very differen here, I found a great guide. Can't post links so google property germany and look for the shop and the free expat guide
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Old Sep 26th 2018, 4:39 pm
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Default Re: Living costs Munich

Here's a great how to guide on rentiing in Germany

Admin I'm not related to the website

https://lifeinduesseldorf.com/moving-in-germany/
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