mint Posted December 5, 2008 Share Posted December 5, 2008 Time, I think, for taking another, closer look at the possible homes for our vastly reduced Great British Pounds (well, it is called GBP in lots of finance sites).No point now bemoaning the past days of Hope (don't even want to think Glory) when the pound was 1.4 and I know there are even people on the forum who remember 1.6.I do now really want to change some funds into euros and I'm hoping someone will be able to advise me about the best French savings products that are currently available.I only know about the Livret A and that really has a pretty low limit. Are there any other sorts of accounts that I should be looking at?Best to act sooner rather than later in my opinion. There's probably info already on the site about savings in France but, in the present climate, I thought it might help others as well if I asked the question.Thank you in advance for your informed and considered advice. Link to comment Share on other sites More sharing options...
Clair Posted December 5, 2008 Share Posted December 5, 2008 Take a look here for starters: http://www.francetransactions.com/epargne/opportunites-bonus.htm Link to comment Share on other sites More sharing options...
parsnips Posted December 5, 2008 Share Posted December 5, 2008 Hi, ( I remember one glorious month when it was 1.72€/£)----but back to reality; you will have seen from the savings site, that outside of short-term promotional offers, it is not possible to get much more than 4.5% net in safe french savings accounts. If you pay less than 732€ impots sur le revenu ,you can take your tax "avis" to the bank and you(and your partner-if appropriate) can each hold up to 7700 € in a "Livret Epargne Populaire which pays 4.5 tax and CSG free. If you have children from previous relationships and wish to make advantageous longer term arrangements, you could put some into french life assurance guaranteed € funds, which accumulate interest at between 4 and 5% ,and can be used like current accounts, but passed to non-family beneficiaries (on death) largely tax-free . There are funds which do not charge start-up fees. Life assurance is a big, complicated subject , if you want to know more PM me (I'm not an agent!) Link to comment Share on other sites More sharing options...
mint Posted December 5, 2008 Author Share Posted December 5, 2008 Thank you, Clair & Parsnips.Just one further question:Wasn't there some problem recently with Caisse Epargne or is that something completely different? Link to comment Share on other sites More sharing options...
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