Exit tax on shareholdings of 1% or more in a company and, since 2025, on investment fund units, ETFs included, where you held 1% of a fund in the 5 years before leaving or bought units of a single fund for 500,000 EUR or more. Germany deems them sold the day you leave if you were fully tax resident for at least 7 of the last 12 years. On company shares it taxes 60% of the gain at up to 45% plus the solidarity surcharge, about 28.5% of the gain. On equity fund units the 26.375% flat rate applies after the 30% partial exemption, about 18.5% of the gain. Since 2022 a move inside the EU no longer defers it.
By the Patrician.ch research desk · Updated 7 November 2026 · 9 min read
Rate on unrealized gains 28.5%on the gain accrued to the day you leave
Deferral See below
Addresses with no capital gains tax 39of the 100 on the board
Trigger Loss of tax residencethe departure date is tested under local rules
What the charge looks like on your number.
Gain accrued at departure
Exit charge at 28.5%
Kept after tax
$1M
$285K
$715K
$5M
$1.4M
$3.6M
$20M
$5.7M
$14.3M
Flat application of the headline rate to the gain. Exemptions, thresholds, and the date of the sale change the figure.
Official source: German Federal Law. Checked against it on .
Deferral.
On company shares and fund units, payable in 7 annual installments on application, usually against security. The charge falls away if you return within 7 years, which can be extended to 12.
Exit tax on shareholdings of 1% or more in a company and, since 2025, on investment fund units, ETFs included, where you held 1% of a fund in the 5 years before leaving or bought units of a single fund for 500,000 EUR or more.
Germany deems them sold the day you leave if you were fully tax resident for at least 7 of the last 12 years. On company shares it taxes 60% of the gain at up to 45% plus the solidarity surcharge, about 28.5% of the gain. On equity fund units the 26.375% flat rate applies after the 30% partial exemption, about 18.5% of the gain. Since 2022 a move inside the EU no longer defers it.
Can the Munich exit tax be deferred?
On company shares and fund units, payable in 7 annual installments on application, usually against security.
The charge falls away if you return within 7 years, which can be extended to 12.
Which addresses on the board levy no capital gains tax?
39 of the 100 addresses on the board levy no personal capital gains tax on listed securities, among them Abu Dhabi, Andorra la Vella, Anguilla, Athens, Bora Bora, Christophe Harbour.
Source: the Patrician.ch board, an original ranking of 100 residence addresses across 47 countries and territories. Tax rates, thresholds and routes are sourced. Cost, safety, schools, sun and beauty are Patrician.ch editorial indices. Figures current to October 2026. Updated . Cite as: Patrician.ch, Germany exit tax 2026: leaving Munich, the rate and the deferral, patrician.ch/exit-tax/munich/, October 2026.
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Income tax on the published 2026 rules. Social contributions, most deductions and treaties are not modeled. Figures are for a non-US single filer. Wealth tax, an exit and your passports are added when you run the engine on your own numbers. Not advice. Residence rules change often. Verify before acting.
