Starting next season, Klinsmann will work as a commentator for the pay-TV channel Arena, which owns the Bundesliga rights and also broadcasts games from foreign leagues.
"I had a lot of offers after the World Cup to return to Europe, but Arena is the first partner to have convinced me with its concept," Klinsmann said.
Klinsmann stepped down after leading Germany to a third-place finish at last year's World Cup and later turned down an offer to become coach of the United States.
He signed a two-year contract with Arena. No details were given in Thursday's announcement.
On the second day of the St. Petersburg International Economic Forum, a plenary meeting was held, in which Russian President Vladimir Putin, French President Emmanuel Macron, Japanese Prime Minister Shinzo Abe, Chinese Vice President Wang Qishan and IMF head Christine Lagarde took part