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Bullion Dealers Germany

Category: German Bullion Dealers

Click German bullion dealer listings for reviews, info, map & contact details.
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Buying Bullion In Germany

German flag - Germany bullion sectionGermany is a powerhouse economy, Europe’s richest country by GDP and fourth in the world. This coupled with a long-time use of gold to preserve family wealth in times of conflict sees Germany continue to buy gold investments as the rest of the world buys paper assets.

Germany is steeped in history and as such is a numismatic hotspot with coin dealers and collectors keen to trade in this history, buying and selling everything from the truly ancient to more modern coins. This has given Germany a good network of coin dealers and numismatic specialists.

According to the World Gold Council (WGC) the German state owns 3373.6 Tonnes of gold as of October 2017, or an incredible 70.2% of it’s national reserves. This is down slightly from the 3468 Tonnes held in 2000 but Germany remains Europe’s biggest national reserve holder of gold and well ahead of other gold-buying nations, such as Russia’s 1838 Tonnes and Turkey’s 564 Tonnes.

 

Are Bullion Sales Taxed in Germany?bullion sale tax

Germany is an investor-friendly jurisdiction for investing in gold, as like the rest of the EU there is zero VAT (sales tax) on investment-grade bullion bars, rounds and coins.

Other precious metals are charged at the underlying VAT rate (was 7%, now 19%) – however there are exemptions for certain silver coins (non-EU legal currency) which thanks to a loophole see an effective rate of 0%.

An addition benefit to buying and selling gold in Germany – there is zero Capital Gains Tax on investment-grade gold and silver.

Note that for purchases up to 9,999 EUR, cash transactions in Germany can be handled anonymously – however, this only applies to private individuals.

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IMPORTANT: The above tax details are listed for information purposes only and are believed correct at time of publication. Bullion.Directory are not tax experts. All enquiries about German gold taxes should be addressed to the appropriate local body. Taxes and taxation are subject to change.