Monday, June 21

Tag: allowance

Questions on Germany’s 300-euro child bonus answered!
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Questions on Germany’s 300-euro child bonus answered!

As most of you are aware, the German government is planning a massive 130-billion euro stimulus package to reboot the economy. One of its cornerstone policies is a one-off bonus of 300 euros per child. The idea is simple: families in Germany should all receive a one-off payment of 300 euros per child. It has been styled as a kind of “thank you gift” to the millions of parents who, after the closures of kindergartens and schools across the country, had to take over childcare and teaching responsibilities - disrupting their working lives and causing a fair amount of stress. How much is the child bonus? The children’s bonus is a one-off payment of 300 euros per child. It will be transferred along with your regular child benefit, in three instalments of 100 euros each. Who gets th...
Child Care Allowance (Kindergeld), Germany
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Child Care Allowance (Kindergeld), Germany

If you are living in Germany with children, here’s one more reason to smile :) . You are entitled to Kindergeld, a monthly monetary benefit to help with the costs of raising a child. Who is eligible? Either parent is eligible to receive this amount until the child is 18, and in the below cases until the child is 25. If your child is unemployed and registered as a job-seeker with an Employment Agency.If your child is in education or training.If your child is in education and has a part-time job in addition.If your child has a disability and cannot support themselves (no age limit). How much do I get? The Kindergeld or child benefit is provided by the Family Benefits Office (Familienkasse) at the Federal Employment Agency (Bundesagentur fur arbeit). As of today...
Parent Allowance (Elterngeld), Germany
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Parent Allowance (Elterngeld), Germany

If you are living in Germany, apart from Kindergeld, parents are also entitled to an allowance known as Elterngeld. This benefit is given to new parents to encourage them to spend more time with their new born, thus helping them to cover up living costs. The Elterngeld can be shared between both the child’s parents, therefore enabling both parents to take time off work, for the new child. Who is eligible? If both parents are involved in child care, they can claim a total of 14 months’ parental allowance together. For eg. one parent can claim the allowance for 3 months, and the other for the remaining 11 months. However, you will have to comply with the below mentioned as well: You do no more than 30 hours’ paid work per week while you are receiving the allowance.You live together...
Housing Allowance (Wohngeld), Germany
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Housing Allowance (Wohngeld), Germany

Among the many ways in which the German government supports it's residents, Wohngeld or Housing Allowance is one. It is a financial assistance to help you cope with housing costs. There are 2 kinds of allowance: rent subsidy (Mietzuschuss) for tenants of a living space and as a burden subsidy (Lastenzuschuss) for owners of a home. Eligibility Non EU foreigners are allowed to apply for Housing allowance too, if you fulfill the below criteria: You hold a valid residence permitYou rent an apartment or a room, or you have bought a house or apartment and are registered at the same addressYour household’s combined earnings do not exceed the income limitsYou do not receive any other benefits such as unemployment benefit II, Injury benefit, Cost-of-living assistance ...