Pensioner living in France for at least 6 months p.a.

battyee

Registered User
Messages
205
I am a pensioner buying a 2nd. home in France where I intend to live for at least 6 months p.a. Should I declare France as my country of residence & would there be a tax advantage ? I have a state & a contributory pension here & also have 200,000 Euro from a property sale to invest for future income in my old age. Any advice would be welcome.
Battyee
 
tricky question.

Under legislation, you will be deemed tax resident here in Ireland if you fulfill the 183 days test.

However the French authorities may have a similiar provision which may make you resident in both countries. For tax purposes, other criteria then needs to be assessed, some of which where your permanent home is, and another where your economic interests lie or are dealt with.

Assuming you are Irish domicile, you could argue that you are giving up your domicile of origin and acquiring a domicile of choice which would be France. That's not the case here though, as this would only happen if you were definitely never going to return to Ireland.

So for tax purposes, I would reckon (but would not be sure) you will be deemed taxable in both Ireland & France, first of all on income earned in Ireland, and then secondly on any income remittance into France, whereby the French Revenue would tax you.

anyone else have a viewpoint on this?
 
Thank you, Gongey,
If this is the situation it sounds like a real "catch 22". As I am a pensioner I intend to live in France for most of my remaining life. My reasons for moving are because of cheaper living costs, better climate & medical services.I would like to keep my existing property here as an investment & for use when I come back to visit but if the tax issues are as you suggest I may have to modify my plans.