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Tax & Residency

Close German Depot After India Move

Trade Republic/Flatex wind-down, Kapitalertragsteuer, Abmeldeschein, and EUR wire to NRE.

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Close German brokerage depot after moving to India.
Primary-source guidance for returning NRIs and families.
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The 60-second version

German depot closure means Abmeldeschein first, then sell ETFs or transfer depot, pay Kapitalertragsteuer, and wire EUR to India with Steuerbescheinigung.

Abmeldeschein before depot sell-down

German brokers require proof of departure (Abmeldeschein) before changing tax residency on depot — update address triggers Vorabpauschale and withholding changes.

Selling ETFs triggers Kapitalertragsteuer 25% + solidarity surcharge — Steuerbescheinigung needed for India Form 67.

Depotübertrag to another EU broker may avoid sell event — check if broker accepts India address.

Germany hub: Germany-to-India return guide.

German depot exit options

PathDE tax eventIndia tax
Sell all + closeKapitalertragsteuerSchedule CG + Form 67
Depotübertrag EUUsually noneNo event until sell
Keep depotVorabpauschale annuallySchedule FA
Sparplan stopNo immediate taxN/A
Wire EURNoneFEMA incoming docs

German brokerage wind-down

Step 1

Abmeldeschein

Register departure at Bürgeramt; scan for broker.

Step 2

Freistellungsauftrag

Cancel unused SA allowance on depot.

Step 3

Sell or transfer

Place ETF sell orders; mind Xetra settlement T+2.

Step 4

Wire EUR

To NRE; attach Steuerbescheinigung.

Step 5

Close depot

Written Kündigung; confirm zero balance.

Wind-down flow

Abmelden → Sell ETF → Abgeltungsteuer → Wire NRE → Close depot
UK parallel: close-uk-eu-brokerage guide.

Depot export kit

  • Steuerbescheinigung.
  • Abmeldeschein.
  • Cost basis PDF.
  • Freistellungsauftrag cancel.
  • Bank SWIFT.

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Vorabpauschale

Depot held Jan–Dec after departure may still get Vorabpauschale — sell or transfer early.

Quick visual

Close German brokerage depot after moving to India.
German depot closure means Abmeldeschein first, then sell ETFs or transfer depot, pay Kapitalertragsteuer, and wire EUR

Animated decision map

Close German brokerage depot after moving to India. Animated decision map.
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0 of 4 checked

Trade Republic India address?

Policy changes — many require close within 90 days of non-residency.

Transfer to Indian demat?

Not supported for Xetra ETFs — sell and rebuy in India.

Sparer-Pauschbetrag unused?

Lost on departure year — sell before Dec 31 if optimizing.

US ETFs in depot?

PFIC risk in US return — separate from depot close.

Joint depot?

Both holders sign transfer or close.

India tax on EUR wire?

Wire not taxable — only capital gains on sale.

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