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Articles: Money
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The forex market is the world’s most exciting and dynamic market. With $4 trillion of currencies traded every day, it is also the largest financial market in the world.
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There are many advantages to opening an international bank account, particularly if you’re moving abroad and have financial links to the UK, run a business that trades in different territories, or are a frequent traveler who regularly loses out on exchange rates at the Bureau de Change.
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QROPS (Qualifying Recognised Overseas Pension Scheme) was brought about following changes to UK pension legislation on April 5, 2006.
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It may have taken over four years in the making but on the 19 June 2008 a new version of the double taxation treaty between France and the UK was finally signed.
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Tax and estate planning figure prominently in the list of priorities of many financially secure expatriate residents of France. The Napoleonic code which forms the base of succession law in France produces a fiscal inheritance environment which is totally alien to most of us.
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As promised Nicolas Sarkosy's government announced on the 12th July 2007, that the proposed Tax Relief on Mortgage Interest law had been passed.
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In most but not all circumstances life assurance is only necessary when you don’t have sufficient capital or income to survive without the deceased being around any more, although “assurance vie” can also be of great benefit when dealing with an inheritance tax bill especially if you are intending on leaving an inheritance to a non blood relative.
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For many people planning to retire in France, there are some questions before they make their decision. The following gives you some an overview of facts you need to consider.
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Welcome to France. That has a nice ring to it. Welcome to banking in France. That is a bit more intimidating, I’d say.
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It is never too early to get your finances in place if you are considering buying a dream home in France. Lending criteria in France are far more complex and restrictive than in the UK and the whole process can take quite a lot longer than most people expect.
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Moving country can be a frustrating experience for the most organized of people. For those of us that cannot stand administration or paperwork of any sort, the whole process can be nothing short of traumatic. You can always find lots of information about the more ‘cultural aspects’ of life in France, but absolutely nothing could prepare me for the banking experience.
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