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Saturday, September 25, 2010

What to expect at retirement in France


Before you decide on retiring in France, you must understand some aspects of French life that will surely affect your stay in the country. The most important of these is the tax system could affect your income during your stay. The French authorities will determine your paid taxes as they need to take into account what you can pay in your country. French residents are taxed according to the world income and assessments made on the basis of the four tax brackets. As retired, only 90% of your income is taxable and the other exempt. You can also find ways to reduce your tax bracket when you select the retiring in France.

The climate in the country vary from region to region of the country. The South of France, which are Nice and Cannes, has a Mediterranean climate, with immaculate beaches and large regional cooking. As for the North and North-West of France, there are mild winters, hot summers and abundant rain.The Central and Eastern regions of France have a long and cold winters with hot summer months with rain and storms that occurred between the seasons. these areas provide many choosing on retiring in France, the collection of how to spend their golden years.

The health care system in the country shall be deemed to be the best one in the world. The system is Government subsidized with medical services costing much less compared to the cost of medical care.Patients covered by the French healthcare system can choose health professionals and up to 85% account, medical expenses are paid by the State; all citizens of the country, including those retiring with France, consult a doctor and to receive urgent medical care. Since the system pays for 85% of the cost of healthcare, health insurance in the country is used to cover the balance of health care.

People retiring France can enjoy ownership of immovable property in France.This has made the purchase of real estate in France between the most profitable in the world; this is also affect the cost of living in the country, as many have benefited from the sale of the property.To live comfortably as a retiree, it is better to understand the cost of RENTING property, food and meals, health insurance, transportation, amusement and recreation, shopping and other incidental costs.You must also factor in the cost of utilities, communication and other expenses to enjoy fully the beauty and the greatness of France.

Before you decide on retiring in France, you must understand fully the French lifestyle. as recommended by the Expat Forum, "to live in extremely well in France if you have the money. The cost of living is higher in Paris and lower in rural areas '.








This article has been provided by Jose Marc Castro, the program processing when Expat forum.com-the primary online community for expats site also provides information and advice on topics such as Retiring in France.


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