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I am retiring to Nice,FR
| ,.,,,. | 08/04/25 |
| hatp | 08/04/25 |
| ,.,,,. | 08/04/25 |
Poast new message in this thread
Date: August 4th, 2025 1:34 AM Author: ,.,,,. Read extensive info on boggleheads. Basically any capital gains, dividends, pension income is taxed only by usa. France gives up right to tax it. France has additional csg tax 6.5% up to 325k of your passive income. But that's fully deductible on u.s. return and immediately gives free healthcare..
The only downside is French wealthtax. Applies only to real estate. I.e. if you own $2mil of real estate u pay $7400 per year. I don't think this one is deductible. The concern is they can always increase it or include stocks in the wealth tax. If I only keep 1 property in usa and rent in eu then I wouldn't pay anything at today's values. Concern is that someone needs to feed the Muslims and this treaty is not very favorable for them.. |
Date: August 4th, 2025 1:54 AM Author: hatp Do you ever get citizenship or nah (http://www.autoadmit.com/thread.php?thread_id=5757959&forum_id=2...id.#49154479) |
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Date: August 4th, 2025 2:07 AM Author: ,.,,,. Yes, after 5years of being tax resident you can become a citizen. The only thing I may consider is to move to Portugal first. In portugal I can continue to work part-time for which local income tax(20%) will be no more than my u.s. tax. If I worked in France I'd get hit with 50%+ tax. But that portugal regime only exists for 10yrs and once it expires they suck. France has an actual treaty that 100% covers cap gains, dividends, pensions. But encourages you to own as little real estate as possible. Maybe I'll buy an apt in moscow. (http://www.autoadmit.com/thread.php?thread_id=5757959&forum_id=2...id.#49154490) |