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Living on savings. . .


Davidball

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[quote user="Davidball"]How does one go about joining the French system if living on savings
rather than income?
Or How does one get a holiday home to be a residence if
not working?

Thanks . . . .!



David

[/quote]

a) By applying to join - CPAM would be a good place to start. You will need a statement of payments to the UK NI system (an E form, the exact one depends on your circumstances, speak to the DSS in Newcastle).

b) By declaring so, to whomsoever may be interested!

 

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Do you mean you're going to be a full time resident in France?

If so inform the Inland Revenue that you are no longer a UK resident for taxation purposes, then file a French tax return. Even if you have no income in France filing a tax return is required of all residents. The address you use for this will be classed as your principal residence, unless you indicate otherwise.I'm sure a search of this forum will return plenty of threads on that. Be aware though that if you have property left in the UK that you could be liable to CGT if you were to sell at a later date.

As was said, speak to the DSS Newcastle for the documentation you'll need to provide CPAM under the European reciprocal health agreement. Depending on the level of contributions you've paid in National Insurance you can qualify for up to 2 years free health cover, after which you join CPAM proper and take out a 'top-up' medical Insurance to cover yourself.

 

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If you are living on savings, unless your cash is under the mattress, then you will be receiving interest from your invested money. The french tax man will be interested in this.....so a tax return is a must.
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