Three reasons to seek financial advice when you’re an expat in France

Written by on June 13, 2018 in Financial

Whether you’re already in France or you’re considering a move to France, it’s natural to have worries and fears about your financial future. Research shows that you’re likely to gain peace of mind and to be significantly better off if you get professional advice about your long-term future financial goals and requirements.

A study by the International Longevity Centre in July 2017 revealed that those who take financial advice could end up significantly better off, by as much as 39%, than those who don’t.*

We asked Jennie Poate at Beacon Global Wealth for three reasons why she feels consulting an independent financial advisor is necessary to help you plan for your long-term future in your new country.

Sort out all aspects of your finance

There are a number of things you can do before you make the move that will mean you are in a better financial position once you arrive in France. A financial advisor will help you sort out your UK tax position, plan a strategy for savings and income, consider inheritance planning and advise how to make your pension work best for you. Sorting it out before you make the move can be crucial to good finances.

Find out about changes that may affect your finances in advance

As a qualified financial advisor in France, it’s my job and that of my team to keep on top of new developments in the finance world that affect expats and to keep helping our clients make the most of their opportunities and finances.

For instance, in France in 2018 there may be changes to investment income capital gains tax and to French wealth tax changes. We study the changes in detail and explain them in plain English and we will look to make recommendations to protect your assets and maximise your savings and minimise your tax liability.

Low interest rates may affect your financial future, especially if you maintain funds in the UK where if you’re leaving your savings in instant access accounts you’re likely to have seen your money fall in value due to rising inflation and low interest rates. If you want to earn an income from your financial assets, a good financial advisor can help you assess the alternatives.

For some investments you may have to be prepared to accept a risk but we’ll advise you on all aspects of what risk there is so you can make an informed decision.

Avoid unpleasant surprises

You’ll gain clarity and greater confidence about your financial assets. Uncertainly about what Brexit brings, low interest rates, rising inflation – they all have an impact on our lives, especially expats where there’s also the added confusion about how banking, tax and finance works in a foreign country.

* Source: The Value of Financial Advice, International Longevity Centre – UK

Please contact Jennie Poate if you would like a free, confidential, no obligation review of your finances at: Enquiries @;

The financial advisers trading under Beacon Wealth Management are members of Nexus Global (IFA Network). Nexus Global is a division within Blacktower Financial Management (International) Limited (BFMI). All approved individual members of Nexus Global are Appointed Representatives of BFMI. BFMI is licensed and regulated by the Gibraltar Financial Services Commission and bound by their rules under licence number FSC00805B.

And the information on this page is intended as an introduction only and is not designed to offer solutions or advice. Beacon Global Wealth Management can accept no responsibility whatsoever for losses incurred by acting on the information on this page.

Related Articles

How to plan your French property purchase and your move to France 

When it comes to thinking about your move to France, you may have decided the area that you want to live in, checked schools and transport links. But will organising your finances be further down the to do list when it should be near the top? Before moving to France, there’s no doubt you will […]

Continue Reading

How to choose the right Financial adviser for expats in France

As an expat in France, when you search for a financial adviser, how can you be assured that they are right for you? In principle there are three categories of adviser: Tied, Restricted and Independent. Tied Advisers in France In France there are insurance company agents working almost in every town – they typically represent just […]

Continue Reading

Insurance cover in France

Insurance cover in France

Written by on October 19, 2018 in Financial, Insurance

Whether it’s French Home and Contents, Vehicle, Legal Protection or Top-Up Health insurance, this handy guide explains insurance cover in France. CA Britline’s experts take you through the different types and levels of insurance: French Home and Contents Cover Protecting your property, whether it’s a secondary home, main home or rented out on a short […]

Continue Reading

The Basics of Banking in France

There may not be huge differences when it comes to banking in France and the UK or other countries, however there maybe  some. Sian Lee-Duclos of CA Britline explains. Before looking at the general differences, let’s break the myth that many people have that unless you have a French address (main residence or holiday home) […]

Continue Reading

Financial advice for expats in France

“It’s a misconception that you have to be a wealthy expat in France to benefit from talking to a financial advisor” says Jennie Poate, financial manager of Beacon Global Wealth. “Often people think that if they don’t have a lot of assets, then a financial planner can’t help them. But, they could be really missing […]

Continue Reading


If you enjoyed this article, subscribe now to receive more just like it.

Subscribe via RSS Feed

Comments are closed.