This is how the conversion succeeds with Wohn-Riester
What awaits you here
How the age-appropriate conversion with Wohn-Riester works, how you apply for the removal and which requirements you absolutely have to comply with.
The most important facts in brief
Since 2014, the legBathroom Renovations islator has allowed the financing of age-appropriate conversion via residential Riester.
For this, some time and financial requirements must be observed.
For the conversion, at least half DIN requirements for barrier-free construction/living must be complied with.
The converted property is to be inhabited by yourself, so may not be rented.
A use of the residential Riester for renovations or similar measures, which do not serve the age-appropriate conversion, is excluded.
While Wohn-Riester has existed since 2008, the disabled- and age-appropriate conversion has only been funded since 2014. If such a conversion is planned, it must inevitably be age- and disability-friendly. The legislator wants to enable Riester savers to use their saved Riester capital to continue to enjoy retirement in their own four walls. A general modernization of the property or individual parts of it, however, may not be transferred to residential Riester. Commissioning an expert is essential
An expert must be consulted at the early stages of the planning phase. This must … Read More