
ALL YOU NEED TO KNOW ABOUTBaukindergeld
ImportantYour Income limit
Do you know if you are lucky enough to meet the preconditions to receive the government’s gift, known as “Baukindergeld” to promote homeownership among families? Do you know what criteria needs to be met? For instance there’s your taxable household income which must not exceed 90.000 Euro. Do you know the difference between your gross annual salary and your taxable income? If your taxable income of you and your spouse is above 90.000 Euro, then there’s no need for you to continue reading this article, because then you will not receive Baukindergeld.
Are you not sure about your taxable household income? Then this simple calculation might help: take your mutual gross annual salary and subtract special expenditures like exceptional costs, tax-free child allowance(s) and deductible income or administrative costs. The result is your taxable household income. If you want to apply for the “Baukindergeld” then the last two years of your taxable household income are important.
Example: A couple with two kids has a mutual annual salary of 92.000 Euro. Using an online tax-calculator where you can roughly fill in your annual special expenses or extraordinary charges, they find out that their annual taxable household income amounts to about 74.000 Euro. Congratulations! You are able to apply for the Baukindergeld.
Your taxable income exceeds the income limit? Then there are other options to consider if you are interested in buying or building property. Please contact us and we will be happy to assist you.
You want someone who assists you with this new help-to-buy scheme? Don’t hesitate to contact us!

Bavarian Baukindergeld
Yes, Bavarians like to make exceptions for everything. This is why there also exists a “Baukindergeld Plus for Bavaria”. So instead of the 1.200 Euro help-to-buy/build payment you will get an extra 300 Euro for every child. You are a Bavarian resident with 3 children? Great! This means you can count on receiving an additional 9.000 Euro. You have probably also heard of the “Eigenheimzulage”, an additional subsidy of 10.000 Euro, which only Bavarian residents can get when buying property. This is a one-time help-to-buy/build payment by the Bavarian government that not only families will profit from, but everyone who buys or builds property. The target date for the Baukindergeld Plus is also the 18th of September 2018. More detailed information about the Baukindergeld Plus you will find here: baukindergeld.bayern.de.
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