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Average yearly wage: €39,099
Average retirement age: 63,5
Average weekly working hours: 36,5
Managing your finances in France
Moving to France can bring many benefits for expats – culture, cuisine, weather and the charming atmosphere of living among them. However, becoming a French resident or retiring in France can bring its drawbacks – the complex and authoritative tax system is one of them.
To make the most of your time living in France, it’s a good idea to have your finances in order – and that means ensuring that you have access to the relevant pensions, tax, inheritance and wealth management advice.
Here at GPI Europe in France, we are ready to help you with every aspect of your financial journey. Working closely with our clients in France and the UK, we can guide you through your financial decisions and help you avoid common mistakes and make positive choices to improve your financial situation.
Contact us today for an initial consultation to discuss your situation here in France & find out more about the about with our guide to tax in France and Wealth management guide.
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Interesting facts about France
- The Louvre is one of the world’s largest and most visited museums and welcomed 7.8 million visitors in 2022
- ‘Liberté, égalitié, fraternité‘ or ‘liberty, equality, fraternity’ is the national motto;
- The French Army was the first to use camouflage in 1915 in World War I;
- France Produces Over 1,500 Types of Cheese;
- The French consume 11.2 billion glasses of wine per year;
- France has more Nobel Prize winners in Literature than any other country (15 winnings);
- Europe’s highest mountain is Mont Blanc (4,807m) in the French Alps is officially the second-highest mountain in Europe.
Top benefits of living in France for expats:
The government is creating innovative schemes and implementing new laws to boost economic activity in France.
Whether you want an Alpine chalet in a first-class ski resort, a traditional stone farmhouse surrounded by olive groves, a town house in a smart city (such as Montpellier) or a waterfront villa with a panoramic view of the Mediterranean Sea, France has it all.
Country offers an excellent healthcare service that is accessible to all those who are working and living in France.
Well-maintained roads, international airports and a fast TGV train network means that you’re never far away from where you need to be.
Proven property market
Now, more than ever before, is the time to buy property in France as the combination of lower property prices, reduced interest rates and vendors willing to negotiate deals means that dream properties can be snapped up at dream prices.
French cities to move in:
This beautiful city is famous for a variety of cultural treats: the Eiffel Tower, the Louvre Museum, Pompidou Centre, and so much more. As well as all of this delightful culture, those of you that love the buzz of a night out will be pleased to hear that Paris is the hub of France’s nightlife. An average meal price per person is 14 euros; a glass of house wine is 5 euros; an espresso is 2,5 euros; the population is 11,1 million.
Brittany is actually labeled as one of the cheapest regions to live in France – but, unlike a lot of places, cheap doesn’t necessarily mean low in quality. An average meal price per person is 12 euros; a glass of house wine is 3.5 euros; an espresso is 2 euros; the population is 4,8 million.
If you had to choose a place to live in France based on its food and drink, we would suggest Lyon. An average meal price per person is 13 euros; a glass of house wine is 6 euros; an espresso is 2 euros; the population is 1,7 million.
For Brits, Montpellier’s variety of bilingual schools is one of its more attractive features, as they make it much easier for children to settle in. An average meal price per person is 13 euros; a glass of house wine is 6 euros; an espresso is 2,4 euros; the population is 462 thousand.
Beautiful countryside, historical architecture, low property prices, and an endless supply of wine – what more could you ask for? An average meal price per person is 11 euros; a glass of house wine is 5,2 euros; an espresso is 2,1 euros; the population is 505 thousand.
Provence – is the region with the most popular and beautiful beaches in France. An average meal price per person is 12 euros; a glass of house wine is 5,8 euros; an espresso is 2,5 euros; the population is 120 thousand.
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Guide to taxes in France
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