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Cost of Living in Germany

· Company Services

Foreign businessmen interested in opening a German company in one of Germany's major cities should be familiar with the cost of living if they are considering relocating for a limited or indefinite period of time. Germany is one of the most attractive business locations in the European Union (EU) because it is one of the most powerful economies in the community. The cost of living in Germany is similar to the cost of living in other developed countries in the EU. Our team of Germany Company Formation can help you choose the right location for investors.

Cost of living in German cities

Merchants interested in the registration of German companies can start this process after studying the general cost of living in a German city. It is important to know that the cost of living in major German cities varies widely.

Some of the least expensive cities in Germany are:
 
• Dresden;
• Leipzig;
• Augsburg;
• Ulm;
• Dortmund;
• Bremen.
 
Some of the most expensive cities to live in are the following:
 
• Hamburg;
• Dusseldorf;
• Frankfurt am Main;
• Munich.
 
Accommodation costs in Germany

When investing in a new business in Germany, the merchant can choose to buy a property or rent an apartment, which can be used as the company's main place of business. As a general rule, the real estate market is strongly represented by renters. It is important to know that most accommodation units in Germany are fully or partially renovated.

Businessmen who want to receive more details on the costs of living in Germany can address to our team of European company incorporation consultants.

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