N&D2France Posted January 8, 2011 Share Posted January 8, 2011 Hi,My husband an I are planning to move permanently to France in the near future. We've worked in the US for a little over 7 years (he's French, I'm American) and we're not sure how to handle our existing 401ks, investments, and bank accounts. Should we hold onto all in the US until absolutely necessary (and start separate, similar accounts in France) or should we consider rolling our accounts over into french accounts (at a decent exchange rate). We risk a penalty with our 401ks, of course.Thanks in advance! Link to comment Share on other sites More sharing options...
Sprogster Posted January 9, 2011 Share Posted January 9, 2011 Not sure that there are many members of this forum who are American and have relevant experience, as most Brit retirees and second home owners.My only suggestion is that keep your US accounts until you have been settled in France for a few years and know for sure you won't go back to the US. Also not exactly the best time to convert $ to euros unless you have to. Link to comment Share on other sites More sharing options...
WJT Posted January 9, 2011 Share Posted January 9, 2011 Don't know where you are planning on moving to in France but regardless the below site may be a good place to ask your questions. Good luckhttp://www.americansintoulouse.com/index.php Link to comment Share on other sites More sharing options...
Anton Redman II Posted January 9, 2011 Share Posted January 9, 2011 Take specialist advise and I sugest somebody recommended in AiT. As an American resident abroad you have different tax issuesto most people previously resident in UK. Also check out potential to for transfering medical cover from US providers to their affiliates in Europe Link to comment Share on other sites More sharing options...
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