Gaynor Posted December 5, 2001 Share Posted December 5, 2001 We are considering moving to France in 5 years time - we already have a "maison secondaire". We have a house in England, which, if we moved to France, we could either sell or rent out. If one of us were to die, once we were resident in France, would our UK property (either the house or the bank account)be equally liable to French Inheritance law? i.e. Would it be better (from the point of view of the survivor) to retain the house or to sell it? There are children from both marriages and we would want to make sure that the surviving partner had complete freedom, if possible. Link to comment Share on other sites More sharing options...
Mazan Posted December 5, 2001 Share Posted December 5, 2001 >once we were resident in >France, would our UK property >(either the house or the >bank account)be equally liable to >French Inheritance law? Once you are resident in France your worldwide assets become subject to French IHT and will be taxed if your inheritors declare them here when you die, as they are supposed to, or if you have declared them here previously, as you are supposed to.French IHT is _much_ higher than the UK version in nearly all cases. In some cases the difference is staggering. Link to comment Share on other sites More sharing options...
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