Wait with the building application because of the child construction allowance

At the moment, nothing is fixed and everything is only vague. Therefore, one can only speculate. Nevertheless, I would be interested to know if we would be entitled at "some point"?

Currently, we have no children, but they are planned in the next 1-3 years.
The construction financing has already been completed (beginning of February). The contract for the house will be signed soon. Construction will begin in autumn, and moving in is likely in spring 2019.

If everything goes as we wish, we hope for offspring in summer/autumn 2019.
Do I understand correctly that we would then still be entitled to 8.5 years of Baukindergeld?

So financing in February 2018
Offspring in autumn 2019
That means an 18-month period in between, so still 8.5 years entitlement.

Or does the time of moving in count?

As I said, nothing is fixed yet. I would just like to know if I am interpreting the calculation or the entitlement correctly...

As I said, nothing is finalized yet. I would just like to know if I am interpreting the calculation or the entitlement correctly...

There isn’t even a public draft of the legal text yet. You can only make statements based on guesswork for specific examples.

But the day the ink hits a contract is probably decisive.

At the moment we have no children, but they are planned within the next 1-3 years.
The construction financing is already completed (beginning of February). The contract for the house will be signed shortly. Construction will start in autumn, move-in presumably spring 2019.

However, I would rather guess that you end up empty-handed. If it turns out otherwise, then you can be happy.

The coalition agreement contains the following 3 points, and for all 3 I do not see anything being possible retroactively or proportionally:

We will financially support home ownership for families. For this, we will introduce a construction child benefit as a grant from the federal budget for the first-time purchase of new or existing homes, amounting to 1200 euros per child per year, paid over a period of ten years. The construction child benefit will be granted nationwide up to an income limit of 75,000 euros taxable household income per year plus an additional 15,000 euros per child.

We want to introduce a KfW guarantee program that secures a portion of the purchase price or construction costs of owner-occupied residential property. This can reduce the equity required for acquisition. The guarantee is to be valid for 20 years.

We are examining an exemption amount for real estate transfer tax on the first-time purchase of residential properties for families without retroactive effect in the financial equalization between the federal states.

I know that nothing has been signed and I have mentioned that as well. So far, there are only reports on news portals that refer to it. Whether the sources are trustworthy is another matter.

But I suspect, like you do, that we probably will not have any claim to it.
I think, if the law is passed, only people who take out a construction loan AFTER the law’s decision and have/will have children will be eligible.
Everyone who has already taken out a construction loan beforehand will probably come up empty-handed.

But hope dies last.

If the following hypotheses are pursued:

- Baukindergeld will not be paid retroactively (so only possible from the cut-off date of the law's enactment)
- The basis for the cut-off date is the same as for the Eigenheimzulage (i.e., date of signature for the house purchase or date of submission of the planning application to the building authority or approval of the planning application)

Then I hope (for myself & others) that the law's enactment will come before the summer break. Otherwise, it means waiting or swallowing the bitter pill.

Unfortunately, I still have no idea how to deal with this with 2 children if it takes 2-3 months longer :-(

Then I hope (for myself & others) that the legislative decision comes before the summer break. Otherwise, it means waiting or swallowing the bitter pill.

That would be before 07/06/2018 (the last day of the last session week before the summer break). It continues then on 09/10.

Yesterday Spiegel said:

By September at the latest, Union parliamentary group leader Volker Kauder (CDU) wants to push through the corresponding law, preferably before the summer break.

But the wheels of politics are known to grind...

Bit by bit, a date is being attached to the Baukindergeld. It should be implemented within the 100-day deadline. See [Tagesschau]