sueyh Posted December 12, 2011 Share Posted December 12, 2011 We've just finished paying an ISA in the UK and now want to continue paying into some sort of savings in France. Does anyone have any suggestions. It would be in the region of 50 euros a month. any ideas?Suey Link to comment Share on other sites More sharing options...
pachapapa Posted December 12, 2011 Share Posted December 12, 2011 Daft! more euro exposure.[:)]Open an account in Singapore and deposit monthly. Link to comment Share on other sites More sharing options...
parsnips Posted December 12, 2011 Share Posted December 12, 2011 [quote user="sueyh"]We've just finished paying an ISA in the UK and now want to continue paying into some sort of savings in France. Does anyone have any suggestions. It would be in the region of 50 euros a month. any ideas?Suey[/quote]Hi,If you trust the euro, and pay less than 769€ income tax in France, you can try the livret épargne populaire, LEP, available from all banks , tax-free and instant access , paying 2.75% net ; 30€ minimum starting deposit, each spouse can hold up to 7700€ (excluding accumulated interest). If you don't meet the tax criteria look at an online assurance vie (euro fund) like "fortuneo" , which has no entry fee and pays around 3.5-4% with tax advantages (you can google the site) Link to comment Share on other sites More sharing options...
woolybanana Posted December 12, 2011 Share Posted December 12, 2011 What about the Livret A which seems pretty universal in France? Link to comment Share on other sites More sharing options...
parsnips Posted December 12, 2011 Share Posted December 12, 2011 [quote user="woolybanana"]What about the Livret A which seems pretty universal in France?[/quote]Hi, The interest is not as good as the best assurance vie, but if it ever improves you can immediately switch out of assurance vie into a livret-(-best to keep a minimum amount in assurance vie to preserve time -sensitive tax advantages in case it becomes attractive to switch back-don't forget assurance vie is also useful in beating french forced heirship rules). Link to comment Share on other sites More sharing options...
pachapapa Posted December 13, 2011 Share Posted December 13, 2011 [quote user="woolybanana"]What about the Livret A which seems pretty universal in France?[/quote]Bloqué entre août 2009 et août 2010 à 1,25%, le niveau de rémunération le plus faible de son histoire, le Livret A est passé de 1,75% à 2,00% en février et 2,25% au 1er août.Pundits suggest thait will increase to 2.5% or perhaps 2.75% on the 1st of fevrier; as an election sop maybe but the the eytie has moved down 0.5% from the Trichet figure. Link to comment Share on other sites More sharing options...
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