Overseas retirees ‘must consider costs’
France is the ideal place for anyone thinking of retiring overseas but experts warn that as with any move away, it is important that roundtrip transaction costs are taken into account.
Experts are urging retirees to ensure they are up to speed on any legal issues, taxes or costs which may arise, after a report revealed that some European countries demand higher transaction fees than others.
Russia and Bulgaria have high transaction costs
This, according to the Global Property Guide, can make retiring abroad more expensive than it may initially appear.
The report cites countries such as Russia and Bulgaria as being particularly costly, …
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Stumble it!UK residents with an overseas income, including people letting out second homes in France, have been granted a limited period in which they can declare their income – without incurring the usual full penalty more... More: continued here .....click title for details
An overseas property expert has advised people who are thinking of living in France or other foreign locations to ensure they are aware of all the options available. Speaking to Bill Gleeson of the Liverpool Daily Post, Alan Bevan, who runs an overseas property advice firm, said that the popularity.....click title for details
