Baukindergeld – an overview of the requirements
Families and single parents with children under the age of 18 who buy or build a property for the first time between January 1, 2018 and December 31, 2020, can realize their dream of owning a home with the help of the state child benefit.
Important: If you as the applicant apply for the child benefit, you must own at least 50 percent of the property.
What is particularly interesting about this form of state subsidy is that you can keep the full amount of the Baukindergeld. However, as with almost all state funding programs, there is a fixed upper income limit for Baukindergeld: You are only entitled to the state extra money if your taxable income is less than 75,000 euros plus 15,000 per child. If your taxable income is higher, you are unfortunately not entitled to Baukindergeld. The following table shows how much money you will get per child to help build or buy your own home.