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French PM makes expat tax regime commitment

“We want to build the financial capital of the future,” said the PM. “In a word, now is the time to come to France.”

As many consumers of expat financial services in France already know, the French tax regime allows for tax deductions for non-salary benefits – for example, assistance for education fees.

The government also indicated that it would try to create more favourable working conditions for British wealth management firms looking to operate in France.

However, one potential stumbling block is the issue of freedom of movement; France agrees with other EU countries that British financial firms should be allowed to retain free access to EU markets only if Britain remains committed to the principle.

To find out more about how the current climate in Europe could affect your financial future, contact Blacktower today for expert expat financial services you can trust.

This communication is for informational purposes only and is not intended to constitute, and should not be construed as, investment advice, investment recommendations or investment research. You should seek advice from a professional adviser before embarking on any financial planning activity. Whilst every effort has been made to ensure the information contained in this communication is correct, we are not responsible for any errors or omissions.

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Tax changes for second home owners in France after Brexit

Paris Street, FranceIf you’ve moved overseas or have a second home in France, you may be used to calling several places home. After all, living in France won’t always mean completely cutting ties with your country of origin as you may still have family living there or own other property.

But when you own property abroad, it’s crucial to stay up to date with any tax legislation and law reforms in that country, or you could be in for a nasty shock. That’s why it’s so important to take charge of your wealth management to make the most of your second property in France.

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