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Baukindergeld: Extra benefit for new homeowners with kids

Baukindergeld is a state subsidy (12K euros over 10 years per child) for families and single parents who want to buy their first home in Germany.
Nick Mulder

Nick is Co-founder and CEO of Hypofriend

Published on Oct 22, 2021 Oct 22, 2021

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Nick is Co-founder and CEO of Hypofriend

In 2018, Germany introduced the Baukindergeld, a state subsidy for families and single parents to help them fulfill their dream of owning their own home. Per year, Germany pays families 1,200 euros per child for ten years. This means that there is a total of 12,000 euros in financial support per child.