Manage your new life in France and reap the benefits

If you are new to living in France or in the process of organising your move here, you probably have a list of jobs to get through. This needs to include reviewing your tax, financial and estate planning. Do not let this stagnate far down the list. It is important to adjust your wealth management for your new life here and spending a little time on it now should reap dividends and give you peace of mind.

If you have been living here for a while, then think about the last time that you reviewed your financial planning? Are you sure it is up-to-date and specifically designed for your life in France?

Residence

Residence has become an even more important issue for UK nationals living in France with Brexit fast approaching. 

The UK and EU27 have committed to maintain existing residency rights for Britons and EU nationals who are ‘lawfully residing’ within either area before the withdrawal date.

But what does ‘lawful residency’ mean in practice? How close can you get to demonstrating this before the Brexit transition period comes to an end?

There are some steps you can take to support your residence position in France, such as registering with the local healthcare system, changing your driving licence, introducing yourself to local authorities, informing your UK financial institutions that you have left etc.

But very importantly, you need to submit your annual tax return/s in France.

Make sure you understand the rules for French tax residency and, if you meet any of ...

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