The expatriation is one moment privileged to benefit from certain tax incentives. But, in order to be able to profit from it fully, it is essential not to hold financial products reserved to the French taxpayers. Example of the

The expatriation (it not French tax residence) is one moment privileged to benefit from certain tax incentives like the exemption of the social samples, exemption of the appreciations of divestment of transferable securities or the exemption of the taking away of 20% on any life policy (untied by death when it was precisely subscribed at the time of the expatriation). However, in order to avoid a requalification on behalf of the French tax services and to be able to profit fully from these advantages there, it is essential not to hold financial products reserved to the French taxpayers. Let us take the example of the Savings plan in Share which is a product reserved to the French tax residents (Article 1 of the law of July 16th, 1992).

mdmarines.com: What to make when there is transfer of the domicile for tax purposes of the holder out of France?

, adviser in management of inheritance: The holder must immediately enclose his , it is a tax obligation.

Are the conditions the same ones if I settle in Greece, in the EU, or a country out of the EU?

Indeed, with regard to the taxation, it is necessary to distinguish an installation in a country from the European Union or in a country out of the EU. If the person elects residence in Greece (or any other country of the European Union), it will have, in conformity with the law, to enclose its . However, thanks to a stop of the Council of State of February 2nd, 2006, this person will not be subjugated with any taking away on the sums held in such a product. This have regard to the seniority of its .

In the case of an installation in a country out of the EU, the situation is different. The fence of the is also necessary as of the transfer of residence, with, moreover, the obligation to discharge taxes related with this product. Thus, it thus remains subjugated with the social samples just as with the tax on the most been worth realized.

Point out to us the operation and the taxation of the Savings plan in Share… The is forwarded to a roof of payments of 102 902 euros and any withdrawal before 8 years involves the plan closure.

In the event of withdrawal, the imposition applicable to the defers according to the moment to which it is carried out. In all the cases, there is exemption of the income tax and the social samples, if the divestments do not exceed the general threshold of imposition in force (either 26 180 euros in 2007 per household for tax purposes).

If this threshold is exceeded, tax will have to be discharged. If the withdrawal takes place before 2 years, it will be necessary to pay 22,5% on the appreciations + 11% of social samples. If it takes place between 2 and 5 years, taxation will be of 16% on the social appreciations + 11% of taking away. Beyond 5 years, there is exemption of the taxes on the appreciation, but the 11% of social samples are maintained.

What to make of a of more than 8 years?

After 8 years, the plan continues to function while carrying out partial withdrawals, but it is not possible any more to continue to feed it. Remarks collected by Delphine MILLET . (www.mdmarines.com - Athens)