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How much money do you need to retire comfortably in France?

How much money do you need to retire comfortably in France?

Can you live outside of Canada and collect CPP and OAS?

Can you live outside of Canada and collect CPP and OAS?

How long can you live in France without residency?

How long can you live in France without residency?

Can I live in France if I own a house?

Can I live in France if I own a house?

Can a retired Canadian move to France?

Can a retired Canadian move to France?

Is living in France cheap?

Is living in France cheap?

Can I retire in France from Canada?

Can I retire in France from Canada?

Are you a Canadian considering retiring in France? It's a dream many people have, but there are some important things you need to consider before making the move. In this article, we'll take a look at the process of retiring in France from Canada, including the legal requirements and potential pitfalls.


Legal Requirements

If you're a Canadian citizen looking to retire in France, you'll need to apply for a long-term visa. The French government requires retirees to demonstrate that they have sufficient financial resources to support themselves while living in France. This can be done through a combination of pension income, savings, and investments. Retirees will also need to show proof of health insurance coverage.


Once you have secured a visa, you will also need to apply for a Carte de Sejour Compétences, which is a residence permit for retirees. This permit allows you to live in France for longer periods of time and may be renewable.


Healthcare

One of the most important considerations for retirees moving to France from Canada is healthcare. While the French healthcare system is highly regarded, retirees will not be permitted to join the French public health insurance system until they have been living in France for a certain period of time. In the meantime, retirees will need to purchase private health insurance to cover their medical expenses.


It's also worth noting that the cost of healthcare in France can be high, so retirees should budget accordingly to cover these expenses.


Financial Considerations

Retiring in France from Canada can be expensive, so it's important to carefully consider your financial situation before making the move. In addition to healthcare costs, retirees will need to budget for housing, transportation, food, and other living expenses. It's also worth noting that the cost of living in France may be higher than in Canada, so retirees should be prepared for potential financial challenges.


Retirees may also need to consider estate planning and tax implications when retiring in France. It's a good idea to consult with a financial advisor or tax professional to ensure that you are prepared for the financial aspects of retiring in France.


Conclusion

Retiring in France from Canada can be a dream come true for many people, but it's important to carefully consider all of the legal, healthcare, and financial implications before making the move. By doing your research and planning ahead, you can set yourself up for a successful retirement in France.

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