{"id":6345,"date":"2025-02-11T12:22:32","date_gmt":"2025-02-11T11:22:32","guid":{"rendered":"http:\/\/localhost:8888\/latour-finance\/?p=6345"},"modified":"2025-04-16T02:12:59","modified_gmt":"2025-04-16T00:12:59","slug":"what-to-do-with-my-pea-when-i-move-to-germany-what-alternative","status":"publish","type":"post","link":"https:\/\/latour-finances.de\/en\/2025\/02\/what-to-do-with-my-pea-when-i-move-to-germany-what-alternative\/","title":{"rendered":"What should I do with my PEA when I move to Germany? What are the alternatives?"},"content":{"rendered":"
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First of all, you should know that you can keep\u00a0<\/strong>your share savings plan (PEA), as specified on the government's tax website :\u00a0Can I keep my PEA (share savings plan)? | impots.gouv.fr<\/a><\/p>\n\t<\/div>\n<\/div>\n\n\n\n\n\t\t\t<\/div> \n\t\t<\/div>\n\t<\/div> \n<\/div><\/div>\n\t\t

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1. How is my PEA taxed?<\/strong><\/h2>\n<\/div>\n
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Visit\u00a0Franco-German tax treaty<\/strong>\u00a0indicates that\u00a0capital income<\/strong>\u00a0(Interests<\/strong>,\u00a0dividends<\/strong>,\u00a0capital gains<\/strong>) are\u00a0taxable\u00a0<\/strong>in\u00a0Germany<\/strong>\u00a0if you have\u00a0your tax residence<\/strong>.<\/p>\n

When you lived in\u00a0France<\/strong>, the\u00a0PEA taxation<\/strong>\u00a0was quite\u00a0interesting<\/strong>\u00a0During the\u00a0PEA duration<\/strong>, the\u00a0dividends<\/strong>\u00a0and\u00a0capital gains<\/strong>\u00a0generated by\u00a0investments<\/strong>\u00a0under the plan are not\u00a0not taxable,<\/strong>\u00a0provided that they are reinvested in the\u00a0PEA<\/strong>. If you remove\u2018silver<\/strong>\u00a0of your\u00a0PEA<\/strong>\u00a0after his\u00a0first five years<\/strong>\u00a0existence, the\u00a0earnings<\/strong>\u00a0are\u00a0exempt<\/strong>\u00a0tax<\/strong>\u00a0on the\u00a0income<\/strong>.<\/p>\n

Visit\u00a0Germany<\/strong>\u00a0such a device\u2019does not exist<\/strong>. Earnings are taxed progressively at a single rate of 26.375% (25% Kapitalertagsteuer<\/em> + Solidarit\u00e4tszuschlag)<\/p>\n\t<\/div>\n<\/div>\n\n\n\n\n\t\t\t<\/div> \n\t\t<\/div>\n\t<\/div> \n<\/div><\/div>\n\t\t

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2. Income from securities held in a securities account is taxed directly.<\/strong><\/h2>\n<\/div>\n
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You still have the right<\/strong>\u00a0to a\u00a0allowance<\/strong>\u00a0it\u00a01000\u20ac\u00a0<\/strong>by\u00a0person<\/strong>\u00a0(the\u00a0children\u00a0<\/strong>too! Provided the\u00a0booklet<\/strong> or in their name) for all your capital income (Livret A, PEA, PEL etc.)<\/p>\n

Brief\u00a0no tax benefits<\/strong>\u00a0to hold a\u00a0PEA<\/strong>\u00a0when you live in\u00a0Germany<\/strong>.<\/p>\n

And this\u00a0complicates<\/strong>\u00a0even your\u00a0situation<\/strong>\u00a0:<\/p>\n

L\u2019single tax form<\/strong>\u00a0(IFU<\/strong>) provided by your\u00a0bank<\/strong>\u00a0is perfect for filling your\u00a0French declaration<\/strong>\u00a0...but\u00a0not the German one<\/strong>.<\/p>\n

It lists only\u00a0investment income<\/strong>\u00a0taxable<\/strong>\u00a0according to\u00a0French taxation<\/strong>\u00a0(and therefore omits\u00a0revenues<\/strong>\u00a0who are\u00a0taxable<\/strong>\u00a0in\u00a0Germany<\/strong>\u00a0:\u00a0interest<\/strong>\u00a0from\u00a0Livret A<\/strong>, the\u00a0withdrawals<\/strong>\u00a0as part of a\u00a0PEA<\/strong>\u00a0before 5 years, the\u00a0interest<\/strong>\u00a0accumulated on your\u00a0Plan d'Epargne Logement<\/strong>\u00a0(PEL<\/strong>), if over 12 years of age.<\/p>\n

It's not easy to fill in the\u00a0German statement\u00a0<\/strong>on this basis.<\/p>\n\t<\/div>\n<\/div>\n\n\n\n\n\t\t\t<\/div> \n\t\t<\/div>\n\t<\/div> \n<\/div><\/div>\n\t\t

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3. A German broker gives you a Steuerbescheinigung<\/strong><\/h2>\n<\/div>\n
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L\u2019usefulness<\/strong>\u00a0of this paper? It tells you exactly which\u00a0income<\/strong>\u00a0goes in which\u00a0case<\/strong>. The\u00a0taxes<\/strong>\u00a0from\u00a0capital income<\/strong>\u00a0can be quite\u00a0complex<\/strong>... And it's not always easy to keep track of the different amounts to declare, the\u00a0tax-exempt amounts<\/strong>, etc.<\/p>\n

Visit\u00a0PEA<\/strong>\u00a0also makes things difficult for you, as the\u00a0revenues\u00a0<\/strong>are subject to\u00a0social security contributions<\/strong>\u00a0regardless of the date of withdrawal.<\/p>\n

As a\u00a0non-resident<\/strong>\u00a0you don't have to pay them. You must\u00a0check<\/strong>\u00a0with your\u00a0bank<\/strong>\u00a0that they are not automatically deducted from your account.\u00a0reimburse<\/strong>\u00a0otherwise.<\/p>\n

And then the\u00a0PEA rules<\/strong>\u00a0are a little\u00a0binding<\/strong>\u00a0for example, all\u00a0titles<\/strong>\u00a0cannot be included, and the\u00a0partial withdrawals<\/strong>\u00a0before the age of 5 lead to\u00a0plan closure.<\/strong><\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/section>\n\t<\/div>\n<\/div>\n\n\n\n\n\t\t\t<\/div> \n\t\t<\/div>\n\t<\/div> \n<\/div><\/div>\n\t\t

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4. So what do we do?<\/strong><\/h2>\n<\/div>\n
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The PEA offers no tax advantages in Germany, and complicates the tax return - its local equivalent (Depot) is also taxed, although the return is simpler.<\/p>\n

But that doesn't mean it's impossible to optimize your tax situation while investing in dynamic investment vehicles. There are other tax wrappers, such as life insurance (gains are not taxed until the money is withdrawn, which allows compound interest to work at full speed) or certain German pension insurance contracts (same thing, but contributions are deductible, the Finanzamt<\/i> refunds up to 47% of your stake)<\/p>\n

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And beyond taxation, retirement planning is an essential subject when living and working in Germany. The rules between France and Germany are very different, so it's best to get started early. Read our article dedicated to calculating the France-Germany pension.<\/a><\/p>\n

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Contact Expat Finance<\/a> for a personalized study, we'll be able to tell you whether it's better to close your PEA or not, whether it's worthwhile having a Depot, <\/em>a French or German life insurance policy, or whether a retirement savings plan is right for you.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/section>\n\t<\/div>\n<\/div>\n\n\n\n\n\t\t\t<\/div> \n\t\t<\/div>\n\t<\/div> \n<\/div><\/div>","protected":false},"excerpt":{"rendered":"First of all, you should know that you can keep your stock savings plan (PEA), as specified on the government's tax website: Can I keep my PEA (stock savings plan)? | impots.gouv.fr 1. What's the tax...","protected":false},"author":2,"featured_media":6348,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[27],"tags":[],"class_list":{"0":"post-6345","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-investissement"},"yoast_head":"\nQue faire de mon PEA lors de mon expatriation en Allemagne ? Quelle alternative ? - Expat Finances<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/latour-finances.de\/en\/2025\/02\/what-to-do-with-my-pea-when-i-move-to-germany-what-alternative\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Que faire de mon PEA lors de mon expatriation en Allemagne ? 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