The Schwäbisch Hall home savings scheme is a savings account designed to finance the purchase of a property at the same time as offering you tax allowances.
in the case of tax allowances, the contract is fixed for a 10-year term
during this period, the capital saved must be allocated to property investment
at the end of the contract, you can use your capital however as you wish*
Age of taxpayer
From 18 to 40 inclusive
+ EUR 1,344
41 and over
+ EUR 672
*partners jointly liable
If you are married or in a civil partnership, the higher ceiling of EUR 1,344 is granted depending on the age of the youngest spouse or partner. In this way, if one spouse or partner is under 41, both spouses or partners will be granted the higher ceiling.
* NB: if the accumulated home savings capital is not used for personal housing needs, future tax deductions on future homes savings contracts will not be possible regardless of the date on which the contract was signed, even if the contract was more than 10 years old at January 1, 2017.