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Money in France, should I bring it here??
ignoramous
Posts: 2 Newbie
Hello,
Sadly my French mother died in April and I have just found out that she had taken out an "Assurance de vie" in my name (french life insurance with 7% interest) I now have a fairly considerable amount of money in a French bank and I don't know what to do with it. If I bring it over here, am I liable to some kind of tax? If I bring it over where is the best place to invest it? We are thinking about buying a property in France and eventually retiring over there so would I do better to open some kind of French savings account and if so which one??
Any help and advice would be very greatly appreciated,
Cheers
Sadly my French mother died in April and I have just found out that she had taken out an "Assurance de vie" in my name (french life insurance with 7% interest) I now have a fairly considerable amount of money in a French bank and I don't know what to do with it. If I bring it over here, am I liable to some kind of tax? If I bring it over where is the best place to invest it? We are thinking about buying a property in France and eventually retiring over there so would I do better to open some kind of French savings account and if so which one??
Any help and advice would be very greatly appreciated,
Cheers
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