France Live and Invest Overseas,
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1 France
2 France 2013 Live and
3 At A Glance Popula'on 65 million (2012) Official Language French (with regional languages of Provençal, Breton, Alsa'an, Corsican, Catalan, Basque, and Flemish) Currency Euro (1 euro = US$1.33) GDP per Capita (PPP) 42,379 (2012) Climate Temperate (with areas of Con'nental, Mediterranean, and Alpine) Natural Hazards Minor Flooding, Drought Government Republic (with President and Prime Minister)
4 Languedoc- Roussillon Lozère (Mende): sparsely populated, Gorges du Tarn. Gard (Nȋmes): Rhone river, Cevennes Mts., Camargue, Le Pont du Gard. Hérault (Montpellier): Most populated, vineyards, Agde, Sète, St Chinian, Cessenon. Aude (Carcassonne): Canal du Midi, Citadel, Cathar Country, Narbonne, sandy beaches. Pyrenees-Oriental (Perpignan): Coullioure, Argeles, strongly Catalan. The Other South of France
5 Cost of Living In a Languedoc village Rent House Contents Insurance Local Taxes + TV License Transportation Heating Oil Electricity Gas (for cooking) Telephone (inc Intl calls) Water Internet Cable TV Household Help (3 hrs/wk) Food Entertainment Travel Total Monthly Expenses US$ inc inc US$2,000
6 Property Costs Languedoc-Roussillon: Hérault department Rent from US$400 to US$1,100 per month Build for as little as US$25 per square foot Buy for US$70,000 and up
7 Languedoc - ProperAes 8 bedroom stone house for sale 339,000/ US$450,870 This large house and two cottages sit on a beautiful plot of approx 640m, with small swimming pool is located close to the beautiful national park. The stone house includes two workshops and a garage, a verandah, a large living room.
8 Languedoc - ProperAes Aude 4 Bedroom Villa For Sale 285,000/ US$379,050 Fascinating architect-designed 1960's house which has been completely refurbished with a big open sitting room with insert fire and doors to veranda. large kitchen, terrace, garden, and more!!
9 South West France Aquitaine Pyrenees- AtlanAques
10 Cost of Living Pyrenees-Atlantiques Rent HOA Fee Property Taxes Transportation (bus pass) Gas (for cooking) Electricity Telephone (Incl. Int l calls) Water Internet Cable TV Household Help Food Entertainment Travel Miscellaneous Total Monthly Expenses US$1, inc inc US$1,878
11 Property Costs Pyrenees-Atlantique Rent from US$350 a month for a one-bedroom studio apartment in Pau, to US$1,200 for a three- to fourbedroom village house, US$3,000+ for a luxury house or penthouse apartment. Buy from about US$50,000 for a studio, US$100,000 for a renovation project, US$250,000 for a three-bedroom new build, and US$1.2 million for a renovated chateau. Build from approx. US$50 per square foot.
12 Cost of Living Paris Rent HOA Fee Property Taxes Transportation (monthly pass) Gas, Electricity, Water & Garbage Telephone (Incl. Int l calls) Internet Cable TV Household Help Food Entertainment Travel Miscellaneous US$1, Total Monthly Expenses US$3, inc inc Live and
13 Property Costs Paris Rent from US$900 per month for a studio, to US$2,000 for Art Deco one-bedroom apartment, to US $6,000+ for a penthouse. Buy: (Average prices Q4, 2011) Ile de France: 5,500 euros per square meter Paris: 8,390 euros per square meter
14 France Pros Rich History & Culture Part of Euro-land Travel Hub Health Care Diverse Lifestyle Choices Climate Options International Schooling Options Safe for Children Respectful of Seniors Beautiful Countryside Delightful Manners Slow, Measured Lifestyle
15 France Cons French Language Very Difficult to Start Business Bureaucracy...Lots of Red Tape Takes Time to Integrate Non-negotiable in Business Public Schooling Very Rigid and State-run Universities Overcrowded
16 Residency Visa Options: Carte de Séjour Carte de Séjour mention Temporaire issued to visiteur issued to nonnon-working visitors, working, retired valid for one year persons, valid for one (renewable indefinitely*) year (renewable indefinitely*) Carte de Résidente Carte de Séjour may apply after five Temporaire Salarié years. Valid for 10 one year work visa years. proof that adhered to requirements reqd.
17 Medical Care High standard of care Very short waiting time to see specialists Low cost compared to U.S. (US$30 per visit to family doctor; US$33 for specialist) Alternative practitioners found throughout Inexpensive prescription and OTC drugs English-speaking doctors in most large towns Health insurance obligatory Pharmacists qualified to give free recommendations
18 Taxes Double taxation treaty with US You are a tax resident if: I. II. III. You live >183 days per year in France Your household lives in France Majority of revenue is generated in France/ assets are in France No income tax cap (until 2010 it was 50%) Wealth tax (0-75%+) Local taxes (taxe foncière/taxe d habitation) Social Tax employees/employers/eu pensioners.
19 More Taxes French Income Tax Bands: p to 5,963 Between 5,964-11,896 Between 11,897-26,420 Between 26,421-70,830 Between 70, ,000 Above 150,000 0% 5.5% 14% 30% 41% 45% Wealth Tax Bands: 0-800, ,000-1,300,000 1,300,000-2,570,000 2,570,000-5,000,000 5,000,000-10,000,000 10,000,000+ 0% 0.50% 0.70% 1% 1.25% 1.50% Capital gains: 19% Exceptional tax: annual income between 250,000 and 500,000 must pay 3%-4% to help reduce public deficit. Exit tax: applies to shareholdings of a single company which exceeds 1.3 million euros. Sales tax (TVA): Standard: 20%
20 Accessibility France has daily flights into several international airports Low-cost flights to other European countries Excellent train services and connections Ferry services to UK, northern Africa Very good, extensive road network within France and to other European countries (most freeways have tolls)
21 ReAree Benefits No specific retiree benefits for non-europeans But... France is a country that values seniors There s an active community of French and International retirees (French citizens may retire at 60 if they wish only 15% of 60-65s stay in work) Inexpensive courses/clubs for retirees - any nationality can join. Expat groups throughout France The lifestyle is healthier and slower than in the U.S.
22 RecreaAon A huge variety of activities available throughout the country...every corner of France is accessible from the Mediterranean to Atlantic, Pyrenees to Alps, vineyard to canals... Sailing, hiking, riding, golf, surfing, skiing... Nightlife in all major cities Lots of high-brow culture arts, music, galleries, museums, ballet... Food and wine!
23 Is France for You? France would appeal to many different types: Retired couple Single woman or man Family with children But... You must be willing to learn French Not want a pioneering experience Be open to accepting things the way they are Be relaxed about bureaucracy Happy to take long lunches!
France Live and Invest Overseas,
France France 2014 Live and At A Glance Popula'on 65.8 million Official language French (with regional languages of Provençal, Breton, Alsa'an, Corsican, Catalan, Basque, and Flemish) Currency Euro (1 euro
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