The New Year is a perfect time to review your financial planning for France. Is it up to date? There are various elements you should consider, from investments, to pensions, to tax and estate planning.
Commentary last year from our Foreign Currency Partners :
A landmark agreement has been reached in Brexit talks which has cemented citizens’ rights on both sides.
From 2018 French residents no longer need to pay wealth tax on savings and investments, and investment income benefits from a new tax rate.
Something that is always a bone of contention when we start to market a property is the estimation of the correct price.
With standard modern properties, it is relatively easy, using a price per m² for the habitable surface area, and then factoring in the quality of finish.
If you are planning to take your pension as cash, avoiding social charges could make a considerable saving.
Capital gains on the sale of a property in France are liable to both French tax and social charges. Your home is exempt from both, provided it is your main home at the time of sale. There is a 12-month ‘grace period’, but the Constitutional Court has just ruled that this does not apply if you ha
Proposed changes to the UK domicile regime have come into effect after being put on hold over the summer – and could prove costly for expatriates.
President Emmanuel Macron promised various tax reforms during his electoral campaign earlier this year. If they all go ahead, there will be substantial changes to how investment income is taxed in France.
Moving to Europe is a dream for so many Britons. Some aim to retire abroad, while others cannot wait and move over while still working, or take early retirement to start the dream sooner rather than later.