France

As well as income, capital gains and succession taxes, France also imposes social charges and a wealth tax on real estate assets. Tax rates in France can appear high,  but there are legitimate opportunities to reduce what you pay – especially if you take action before you move.

Even if you’re not a resident, you could be liable for French taxes – for example, when buying or selling French property.

It’s very important to understand that French succession tax works quite differently from UK inheritance tax.  Stepchildren and unmarried partners can face tax rates as high as 60%.  Meanwhile, ‘forced heirship’ succession law means your natural children could inherit up to 75% of your estate, whatever your intention.

You can override much this, but it’s complex and there can be unexpected consequences.  Our advice can ensure you get the outcomes you want.

An ‘assurance-vie’  is a French investment structure that can provide considerable tax advantages, and can also be useful for estate planning purposes. But there are many products on offer, and significant differences between them.  Our expert advice can help you find the one that’s best for your objectives.

Expatriates have a range of options for accessing their UK pension savings. We can advise on the pros, the cons and the tax implications of each option, including transferring to a QROPS, so you can make a fully informed decision.

Our specialist expertise can make sure your investments are structured as tax- efficiently as possible for France, with a strategy personalised to your situation and objectives.  We have access to some of the world’s best investment managers, to make sure your money works as hard as it can for you.

Speak to Blevins Franks to take full advantage of the tax and investment opportunities available to British expatriates living in France. 

Arrange a free consultation with a local adviser.