Retiring in France
Retiring in FranceUseful information to plan ahead
Latest articles on retirement
Retirement in France for a chartered accountant closed one chapter but opened an entirely new possibility. What if a whole new life unfolded?
If you quality as an early retiree, make sure you stay ahead of the rules and regulations in order to receive the same healthcare rights as French nationals.
For some, making the move to France can be a move towards living the dream, for others the dream is preceded by hard work getting used to cultural differences…
Retiring to France is a dream but high taxes can make you hesitate. We look at how spending your golden years in France might actually work to your financial advantage.
Around 70% of prospective overseas buyers are aged 50 or over and with 59% stating emigration for retirement as the purpose for their overseas property purchase, France remains one of the most popular destinations for those in their “third age”.
French taxes are renowned for being high, what with income tax and social charges on all forms of income, as well as an annual wealth tax. However, although the headline rates sound high (52.1%!), it is often unlikely that a retiree would have to pay such high taxes.
So you have moved to France, settled in nicely for your retirement, and your pension is due to commence. What are your options?
You will have seen in recent months mention of QROPS and the potential attraction to non-UK residents. QROPS were introduced in April 2006 as a means to allow individuals with UK pension funds to transfer their pension funds abroad.