Why Half Your Salary Disappears in Germany

Why does half your salary in Germany disappear every month? 🤔

If you’re an expat working in Germany, your first payslip probably shocked you: a huge gap between your gross and net salary. In this video, we break down exactly where your money goes — from income tax to the five pillars of German social security:

- Health insurance 🏥
- Pension insurance 💰
- Unemployment insurance 💼
- Care insurance 👵
- Accident insurance ⚠️

By the end, you’ll understand why your net salary is so much lower than expected — and what you can do to build your own wealth alongside Germany’s system.

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PerFinEx GmbH - Personal Finance for Expats
The #1 English-speaking & Independent Financial Planner in Germany
Further legal information is available at perfinex.de/impressum