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Exit Tax: Leave Germany before your business gets big

Here’s an interesting take on Germany’s exit tax, which I have written about before: Leave Germany before your business gets big. What do I mean by that? I mean that once you’re a business owner in Germany and your business has reached a certain size, you are essentially barred from ever moving out of the […]

But no, it’s not fine, because the same person was working for a salary of €0 just a few years ago and likely has nowhere close to €700k of random savings stashed away for paying some taxes. Instead, Germany erects something of a “Berlin Wall of exit tax” around any entrepreneur who builds a business in this country, prohibiting them from ever leaving. The moral of the story is: If you find yourself in scenario 3a, where you own a decent business which is not super-profitable yet but has a certain chance of growing, and if you think the probability of you ever moving countries is more than zero, then it might be a good idea to leave – now.

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