Housing bonus
Your building savings payments are subsidised by the government with a bonus of 8.8%. Annual savings up to 512 Euros for single persons and 1,024 Euros for married couples are subsidised. This gets you an annual housing bonus of 45 Euros (singles) or 90 Euros (married couples).
Capital-building payments and employee savings bonuses
Capital-building payments (VL) are paid into your building savings scheme by your employer. Many employers pay these amounts in addition to wages or salaries up to a maximum of 480 Euros a year. The state gives you a subsidy on top of 9 % of the employee savings bonus up to a maximum of 470 Euros of your capital-building payments. The amount your employer doesn’t pay can be added from your own pocket. This gets you the full subsidy of 43 Euros (single) or 86 Euros (married couples).
The amounts involved.1
| Annual | After 7 years | |||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Housing bonus |
45 € |
315 € | ||||||||||||
| Employee savings bonus 22 |
43 € |
301 € | ||||||||||||
| Capital-building amount |
480 € |
3.360 € | ||||||||||||
| Total, single persons |
568 € |
3976 € | ||||||||||||
| Total for married couples, both employed |
1.136 € |
7.952 € | ||||||||||||
|
1 Subsidy conditions in law apply. 2 9 % Employee savings bonus on an annual maximum 470 €. | ||||||||||||||
Riester subsidy
You can finance building or buying a home for yourself using the building savings contract subsidised under the Riester scheme. Anyone can benefit from the Riester subsidy - whether single, married or married with children. The maximum subsidy is granted to everyone paying 4% of their gross last year’s salary up to a maximum of 2,100 Euros less bonuses into their Riester building savings contract. Our experts can tell you exactly how much you can benefit under this scheme. (Subsidy conditions apply).
Your Riester bonus1 per year
