BLEVINS FRANKS
Providing tax, wealth management and estate planning services to private clients in the UK, France, Spain, Portugal and Malta.
Tax Implications of Moving to France
Moving abroad is something that many Britons yearn to do and France is a very popular destination for many of them.
Yet how much do you know about the tax implications of moving to France?
FIND OUT MORE ABOUT THE LATEST TAX REFORMS HERE.
There are many issues people face when moving from the UK to France. Depending on your circumstances however, there are likely to be things that you can do to minimise the problems – and you may even find that you can reduce your tax liability by moving to France!
You should always take advice when looking to purchase property in and/or moving to any country and in particular France, where many of the taxes sound the same, but are calculated completely differently to similar taxes in the UK. There are even taxes which do not exist in the UK – e.g. wealth tax and for some people, healthcare charges. An adviser with a good understanding of both jurisdictions can help you to work out how to make your money work for you, protecting it against foreign taxes, and how to make the most of the opportunities available.
For more information, please contact us or go to www.blevinsfranks.com
The taxes in France are extortionate for those of us who decide to be non residents for now. I am rethinking my ownership status because of of how high both taxes are. I am not sure I can afford to be in France.