Insurance and Policy Which Enables In France
Thursday, September 24th, 2009Assurance Vie is the French term for an insurance bond, such as a Personal Portfolio Bond. It is a specialized form of life assurance arrangement which allows you to hold your own choice of assets as the investment content of the policy. Holding your assets in the framework of an authorized and approved Assurance Vie vehicle can reduce your tax rate on investment income and gains to between 0-18%, as opposed to rates of income tax which can be as high as 40% or 51% including social charges. If you allow the monies to roll up and do not make any withdrawals, you will not need to pay any French income tax or capital gains tax. Banque en ligne is another French insurance, both a type of insurance and policy which enables an individual to invest very tax efficiently in France. There are considerable succession tax savings if the Assurance Vie was established before becoming French resident such us appartements luxe or another like Vente immobilier luxe with lives assured under age 70 – there is no French succession tax liability on death. Assurance Vie is comparatif assurance vie, Assurance Vie is outside of France, you may escape all wealth tax for 5 years if the proposed new UK/France Double Tax Treaty is enacted.