A guide for British expatriates living in France. An Assurance Vie provides tax benefits, flexibility, estate planning & currency protection. Find out more.
This in-depth guide includes:
- What is an Assurance Vie?
- How can an Assurance Vie be used?
- What are the key benefits?
- What is the process?
- Is an Assurance Vie capital guaranteed?
- How are taxes applied to an Assurance Vie?
- Is an Assurance Vie right for you?
FAQs
An Assurance Vie is a type of insurance contract in France that combines life insurance coverage with investment elements. The contract allows policyholders to invest their premiums into various investment options, such as mutual funds, bonds, and stocks, to grow their capital over time.
An Assurance Vie enjoys significant French IHT benefits and enhanced exemptions compared to non-Assurance Vie assets, with potential tax liabilities limited to growth. The initial invested premium element is tax-free.
For British expatriates living in France, an Assurance
Vie can provide several benefits:
- Tax advantages
- Flexibility
- Estate planning
- Currency protection
It’s important to note that the tax implications of an Assurance Vie can be complex, and it’s recommended to seek advice from a financial adviser or tax professional to determine if this type of contract suits your circumstances
Whether an Assurance Vie contract is a good idea for you depends on your financial goals, investment strategy, and personal circumstances. Here are some factors to consider:
- Investment goals
- Investment options
- Performance History
- Diversification
- Financial goals
Read our guide to find out more.
If you decide that a transfer is right for you, Hoxton Capital will arrange all the required paperwork to facilitate the transfer and set up the pension you wish to transfer into. Once the transfer is complete, we will then provide advice on how to best manage your assets within the new pension, in line with your preferred strategy, and help you meet your goals.
All the things you need to know
Our qualified pension advisers created this guide. Our advisers are some of the best in the world and understand the pains of having assets split worldwide. They have put together this easy-to-follow guide to help and inform all expatriates living in France about what and Assurance Vie is and how it can help you.
This guide was last updated in February 2023.
