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New report shows how much you must earn to be considered rich in France
France’s national statistics agency (INSEE) highlights income thresholds in France
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Why living in France but investing only in the UK creates risk
It is ill-advised to keep most of your money in one country
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Does your French town have its own currency?
There are over 65 of them around the country
Do equity release loans exist in France?
Do equity release loans exist in France? D.M.
Not at present, unfortunately, since the Crédit Foncier bank which offered this loan, known in French as a prêt viager hypothécaire, is now defunct.
There is still a kind of loan called crédit hypothécaire, which is secured against your home, but it is repayable during your lifetime and the amount of the loan depends on your ability to repay, rather than the value of the home.