Relocating to France
If you are moving to France permanently you need to consider, amongst other things, tax residence issues, French income tax treatment of existing and future sources of income, French tax efficient investments, the effects of any relevant tax treaties, exposure to French capital gains and wealth taxes, estate planning and health cover.
Buying a Second Home
However if you are buying a holiday home you may be more concerned with methods of ownership for second homes in France, French tax treatment of rental income, exposure to capital gains and wealth taxes, the implications of double tax treaties or for those resident in territories such as the Channel Islands, Isle of Man, Andorra and Hong Kong, the implications of being resident in a country that has not signed a double tax treaty with France.
With so much to think about you should seek advice well before making any property purchase to optimise planning opportunities.
How We Can Help
Our services include:
- Pre-immigration tax planning for anyone moving to France;
- Preparation of tax returns for residents and non-residents;
- Tax reviews, ensuring that the tax treatment and resulting liabilities are correct and assistance with the resolution of tax claims resulting from any errors including liaising, where necessary, with the French tax authorities;
- Filing outstanding tax forms to bring French tax affairs up to date.
We offer independent advice on:
- Tax residence;
- French taxes including income, capital gains and wealth taxes and the effect of double tax treaties;
- Health cover;
- Property ownership and the tax planning implications;
- Estate planning.
We have specific tax expertise in the following specialist areas:
- French property owners living in territories that do not have a double tax treaty with France e.g. the Channel Islands, Isle of Man, Hong Kong, Gibraltar etc. More information;
- Retirees living in France;
- French non-residents renting out their French holiday home or investment properties;
- Artists and sportsmen undertaking performances or short term contracts in France;
- Airline pilots and their families.
We can also liaise directly with the French tax administration in relation to French tax audits, or with French notaires and related parties, such as the SARF, on the purchase or sale of a French property.
Fees for French tax services are charged on a time-spent basis. If you would like an estimate of fees for advice or compliance work, please complete and return a Client Questionnaire and SCI Questionnaire if appropriate, together with an outline of your plans, objectives, and main concerns.
To find out more visit New French Tax Clients or Contact Us
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