[PDF] joviens - Assurance-Vie

Is Assurance vie a good investment?

Assurance vie are available as a French investment product, but they are also available from Luxemburg, and both products can provide excellent tax advantages to people looking to make investments while living in France.

Who can have an Assurance vie?

Only French tax residents can have an Assurance Vie, this includes expatriates living in France, or they will not benefit from the low taxes if resident in another country. What are the downsides of an Assurance Vie? To receive the full benefits of this type of investment it should be set up before the age of 70.

Is Assurance vie tax free?

The Assurance Vie has specific tax rates and grows tax free so it is one of the best ways to hold and grow investments. It is one of the most versatile and efficient tax structures France has to offer and all withdrawals from the policy are treated in two halves; return of capital and profit; the latter is taxable.

What is a French Assurance vie policy?

An Assurance Vie set up through a French Bank can often generate a lower return, than a policy arranged by an independent financial adviser, as banks generally work with a limited range of funds, these types of policies are inflexible and are typically for people who will remain in France and not for expatriates who may move back home.