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Tax when Living in France

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Tax when Living in France

When emigrating from the UK to France, there is more to think about than just how to go about the physical act of moving. Although you will have to eventually consider the logistics of getting to your newly-found home and find a company experienced in removals to France, learning to adapt to the French way of life is the most important step in your new adventure.

If you plan to live in France for at least 183 days a year, you are considered in the eyes of the French government as a French resident and therefore have to pay the same full amount of tax as locals do. This includes any pensions, dividends and income (either earned or otherwise) that your household has.

The rate of tax in France is not necessarily higher for everyone than in the UK, so you are unlikely to notice much difference unless you have a very large income – in fact if you are on a low salary you are likely to be better-off living in France.

One thing that you must also remember is that if you are paying French tax and you die whilst considered a French resident, then your property will be released under French law. This means that all assets (excluding property) that you own will be divided among your heirs in correspondence with French inheritance laws.

You must note that you cannot leave everything you have to one child and not another under French law, nor can you donate it to another cause (such as a charity) unless you have no heirs.

Living in France can be one of the best choices that you make, but you must consider their different style of living, laws and customs. If you need legal advice on French law (especially that regarding death) then you should contact a solicitor.