Retirement abroad is the culmination of a life project. Whether it's settling under the sun of Portugal or Spain, or moving to more distant lands like Mauritius or Asia, this life change implies a profound transformation of your financial ecosystem.
«"Alexis, my pension is paid in France, but I live abroad. Where should I pay my taxes? And what happens to my family home?"»
This question, which comes up frequently among my clients, highlights the need for a wealth management strategy for expatriates robust. The transition from resident to non-resident status in France is not something that can be improvised: it requires a expatriate wealth audit to prevent your newfound freedom from turning into an administrative and fiscal maze.
At the house of Balmont Conseil, we act as'augmented wealth engineer. We combine human expertise and technological precision to navigate between the international tax treaties and secure your future.
Expatriate Retirement: How to Contribute and Optimize Your Savings?
The primary concern of a future international retiree is the sustainability and amount of their income.'revenue stream optimization is the heart of our business.
Taxation and structuring Avoid unnecessary friction
L''tax expatriation often offers a attractive tax environment, but it also exposes one to risks of double taxation.
Taxation of non-residents
By leaving France, you become non-resident for tax purposes. Your French-source retirement pensions generally remain taxable in France (withholding tax), unless otherwise stipulated by law. international tax laws. There taxation of non-residents can be optimized by a allocation of expatriate assets intelligent management of income from French sources and income from foreign sources.
Taxation of the PER for non-residents
The Retirement Savings Plan (PER) is a powerful tool. However, the taxation of the PER for non-residents It varies depending on the tax treaty. In some cases, the lump-sum withdrawal may be heavily taxed. We analyze your expatriate tax arrangements to determine whether it is preferable to liquidate your PER before departure or to keep it as a capital accumulation tool.
Expatriate investment strategy: The quest for portability
An expatriate retiree needs investments that follow him everywhere, without geographical constraints.
Luxembourg assurance-vie: The foundation of your assets
L''Luxembourg assurance-vie is often the go-to solution for the expatriate wealth management. Unlike French contracts, it offers:
- A tax neutrality Luxembourg does not tax non-residents.
- Management in foreign currencies : To protect your purchasing power if your country of residence does not use the Euro.
- THE Safety triangle Unparalleled asset protection in Europe.
Investments in SCPIs and international real estate
THE real estate It remains a safe haven for expatriates. However, directly managing an apartment in Lyon from Lisbon can be a burden.
We often recommend the investments in SCPIs (Rock-Paper). They allow a investment diversification and, when they are European (Germany, Spain), they allow a tax exemption partial on French social security contributions (17.2 %) for expatriates.
Estate planning and asset protection
There wealth protection does not stop with the current generation. It includes the transmission strategy in a context of international successions.
The European Succession Regulations
For a retiree in Europe, Regulation 650/2012 is crucial. It stipulates that the law of habitual residence applies to inheritance. If you live in Spain, Spanish law will govern your bank accounts and real estate. We help you use the Professio Juris to choose French law if it is more protective of your spouse and children.
Wealth Civil Companies
The use of wealth civil companies (SCI) allows you to maintain a connection to France while facilitating inheritance. Well-structured, they avoid joint ownership and allow you to plan ahead. return of expatriates to France if it becomes necessary for health or family reasons.
FAQ Everything you need to know about wealth management for expatriate retirees
Conclusion: The essential "Stress Test" for your retirement
A successful retirement abroad requires more than just a suitcase and a passport. It requires a wealth architecture capable of withstanding changes in international tax regime.
At the house of Balmont Conseil, We don't just manage numbers; we protect your life project. Thanks to our expertise in wealth management advisor Enhanced by AI, we secure every step of your mobility.
Your international retirement deserves borderless expertise.
Request your personalized Expatriate Wealth Audit
Sources: General Tax Code (Art. 4B, 155 B), Regulation (EU) No. 650/2012, ANACOFI Member Booklet.
