FAQs about buying a French home and living in France
Can I live and work in France?
EU citizens do not need any visas or work permits for working and living in France.Can I open a French bank account?Yes and you will need to do so before you can buy a French home. To open one you must be over 18 and take your passport, birth certificate and proof of address to the branch where you wish to open an account. Opening an account from abroad is also possible.
Can I still claim my pension when living in France?
Yes. Inform the Pension Service that you will be living in France a few weeks before leaving so alternative payment arrangements can be made.
Am I entitled to healthcare in France?
Yes. Form E111 entitles you to healthcare for the first three months of living in France. Thereafter, access to healthcare in France depends upon personal circumstances and contributions to the French social security system.
What types of French properties are there?
There is a wide range of French properties for sale from townhouses to chateaux to gites.
What is the leaseback scheme for buying French properties?
This is a government initiative which allows the buyer to retain their French home for a specified number of weeks each year. French properties bought under the scheme are let out for the remainder of the year, guaranteeing the owner rental income.
Can I get a mortgage in France?
You can borrow up to 80% on a French mortgage with the repayment term being between 15 and 25 years.
Are there any additional costs to buying French properties?
You should allow between 10% and 15% over the selling price for Notary fees, taxes and registration fees.
Should I use a French lawyer or stick with my UK solicitor when buying French properties?
Technically you need neither as an impartial Notary (notaire) would oversee the purchase of your French home. It is recommended, however, that you obtain legal advice and there are UK-based solicitors specializing in European law.
Do I need to pay tax even if I am not living in France?
An owner of a home in France usually becomes resident after spending more than 183 days in the country. Even if they are not resident they must pay income tax on any funds generated from their home in France or other activities.
