First off all hello to you all, please be gentle this is our first post .
We are two families that wish to sell ours houses in England and buy one property in France to which we would like to run a business from.
We will have no mortgage to worry about paying and a little bit left over to tide us over so to speak.
I have a few questions i hope you wont mind helping us out on ?
1: Can you still claim incapacity Benefit while living in France ?
2: Can you still claim Child Benefit ?
3: When we do take the plunge and move across the busnisess will take sometime to get of the ground so are we liable for any taxes and the like ?
4: We are two families so have 6 kiddies coming with us so education is uppermost in our minds, so is it right that you have to be resident to be able to get the kids into school?
5: im a little cofused as to all the taxes that everyone seems to mention on the forums, could someone please explain exactly what you do have to pay ?
Hope that is not to much to ask on a first visit
Thanks in advance.
Mr Riff
Beat me to it, Dick.
Far better to search and then ask more specific questions, however it would help forum members to help you if they knew the type of business, your language proficiency or otherwise and the ages of the children involved.
It might be a good idea to start with property purchase where two families are involved.
riff_raff wrote: We are two families that wish to sell ours houses in England and buy one property in France to which we would like to run a business from.
I would start with the laws surrounding inheriting property, what you are proposing sounds like a legal nightmare!
Hi ya Gang, and sorry to have asked the wrong thing.
We have been looking at threads but just cant get the proper answers.
The plan is to buy a property with a lake ( have a friend that lived in France for years and knows the lake owner, and some of the ins and outs.) and advertize it mainly in the uk as a holiday venue for carp fishing, but also have day tickets availible for french german dutch etc
The ages of the children are 4,5,6 9,10,11
Language is not ideal but one we all will work on and also get private tutor once there.
Ok can we start where you advised?
Is there problems involved with a purcahse of property when two families are involved ? if so is this a UK legal problem or a French one?
Mr Riff or Raff
Once you live in France permanently (this is what you are intending, isn't it?) then your a world wide assetts are governed by French law (broadly speaking, no doubt someone will pop up with exceptions)
Yes we intend to move perminently, so does this rear anything ugly ?
We are very close friends and have been for years, myself (Mr Riff) and Mr Raff have fished in France for over 15years so know most of what is needed to make the business grow (we hope).
Is it a bad thing to have your assetts governed by the French ? we dont want to earn millions just want a better life for our children and to make a living through what we enjoy as a pastime.
Thanks all.
Whether its a bad thing depends on your perspective, it was just that you wrote : if so is this a UK legal problem or a French one?
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