Relocating changes more than your address — residency, tax ID, and sometimes tax treatment of your existing investments all come into play. Here's what to actually check before picking a broker in Germany.
Do you actually need a new broker?
Not always. Some brokers let non-residents keep an existing account after relocating, others require a local tax ID or EU residency before you can open or keep one — this varies by broker, not by country rules alone.
What do you need to open a German broker account?
Typically: a registered German address (Anmeldung), a tax ID (Steuer-ID), and a valid ID or passport. Some brokers accept applications before your Anmeldung is finalized; most don't.
Does moving to Germany trigger a tax event on my existing account?
Becoming a German tax resident can change how your investments are taxed going forward, and some countries apply exit taxation when you leave. This is genuinely case-specific — check with a tax advisor before you move, not after.
Is an English-language broker enough?
Most major brokers operating in Germany offer an English interface, but your tax documents and any correspondence with German authorities will often still be in German — factor that in if your German is limited.
