NEWS

The clock is ticking - benefit from the child benefit until December 31, 2020

When buying or building your own four walls, you can apply for state funding in the form of a grant per child of 1,200 euros per year from the Kreditanstalt für Wiederaufbau. This grant is paid for ten years and thus amounts to a total of 12,000 Euros per child. We support families and single parents with at least one child who have a taxable annual household income of a maximum of 90,000 Euros. For each additional child, the household income increases by 15,000 Euros.

Parents who conclude the purchase contract for a condominium by December 31, 2020 at the latest, receive the child benefit. No other permanently used residential property may exist in Germany until the application is submitted.

Applications must be submitted no later than three months after moving in. Provided that the building permit or the purchase contract is available by December 31, 2020 at the latest, according to the current status, the child benefit can be applied for until the end of 2023.

You can find the application documents at www.kfw.de/zuschussportal.

Please do not hesitate to contact us.