Moving to France? 5 Things to Get Right Before You Make the Move

 

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Moving to France? 5 Things to Get Right Before You Make the Move

Moving to France is an exciting prospect, but there is considerably more to think about than finding the perfect property and organising the removal van. Residency, tax, healthcare and financial planning can all be affected by your move. Addressing some of these questions before you relocate can make the transition considerably easier.

Here are five things to consider.

1. Understand your residency requirements

Owning a property in France does not automatically give you the right to live here permanently. If you are a non-EU national, you may need an appropriate long-stay visa before moving to France, depending on your circumstances and what you intend to do once here. Research the correct route early.

2. Think about tax before you become resident

Immigration residency and tax residency are not the same thing. Once you become French tax resident, France will generally require you to declare your worldwide income. This can include pensions, salaries, investments and rental income arising outside France. Understanding your likely position before moving gives you time to plan.

3. Review your existing financial arrangements

Investments, savings products and financial arrangements established in your current country may be treated differently once you become French resident. Before relocating, make a list of your pensions, investments, savings and other assets and consider whether becoming French resident changes their tax treatment.

4. Plan your healthcare

Do not leave healthcare until after you arrive. Your route into the French healthcare system will depend on your circumstances. Establish what will apply to you and whether you need healthcare cover during any transition period.

5. Bring your paperwork with you

Good preparation can make French administration considerably easier. Before leaving, obtain good-quality copies of important documents and keep secure digital versions too.

Many administrative difficulties can be made easier by considering them beforehand. A little planning before the move can make calling France home considerably simpler.

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