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Old Jul 24th 2023 | 1:48 am
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Default Uk pensions in France

Hi all. What is the minimum income requirement for a retired couple moving to France please.
Thanks
 
Old Jul 24th 2023 | 2:46 am
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Default Re: Uk pensions in France

In theory, it is 20,964€ but each case is judged individually.
That is the minimum wage limit which will not give you a comfortable life in France.
Your application for a visa will require proof of health insurance and an address.
The above amount could be accepted if you are living in your home mortgage and rent free.

When you receive your french visa, you would be advised to have top-up health insurance in place because the French healthcare only covers 70% of healthcare (including prescriptions) for most illnesses.
TBH I wouldn't consider moving to France on that income.
Houses can be cheaper but other costs can be much higher than in the UK.

If you need to rent a home then you need to show 3x (verify) the rent in monthly income.

HTH

Last edited by cyrian; Jul 24th 2023 at 2:50 am.
 
Old Jul 24th 2023 | 2:47 am
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Default Re: Uk pensions in France

Originally Posted by Chezan
Hi all. What is the minimum income requirement for a retired couple moving to France please.
Thanks
Your previous thread has the answer to this - Uk pensions in France

HTH.
 
Old Jul 24th 2023 | 6:48 am
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Default Re: Uk pensions in France

Thank you for the info.
If I can just clarify our financial position.
We are going to buy a property outright.
That will leave us with approx. 100,000 euros in our savings account after the purchase and 1700 euros per month from our pension.
Is that enough?
 
Old Jul 24th 2023 | 7:53 am
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Default Re: Uk pensions in France

Originally Posted by cyrian
In theory, it is €20,964 but each case is judged individually. ....

The above amount could be accepted if you are living in your home mortgage and rent free. ....
Originally Posted by Chezan
....
We are going to buy a property outright.
That will leave us with approx. .... and 1700 euros per month from our pension.
Is that enough?
Why don't you do the maths.
 
Old Jul 24th 2023 | 7:00 pm
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Default Re: Uk pensions in France

Originally Posted by Chezan
Thank you for the info.
If I can just clarify our financial position.
We are going to buy a property outright.
That will leave us with approx. 100,000 euros in our savings account after the purchase and 1700 euros per month from our pension.
Is that enough?
As mentioned in your other thread, 1700€ per month for TWO people won't make for a comfortable life here.
You'd have to transfer a substantial amount of savings into a French Bank and use it to provide extra income, for your Visa application to have a greater chance of being accepted. In any financial dealings, money in a savings account can be spent from one day to the next, and isn't a guarantee.....
Don't disregard the health coverage aspect - as you grow older, you tend to consult more, and IMO a Mutuelle (top-up insurance) is essential to reimburse the 30% which the Sécurité Sociale doesn't. This alone can swallow a chunk out of your income and, with all the Utilities, Internet, House Insurance, car costs, etc... to be set aside monthly, won't leave much for food and household necessities.
No one has asked - how is your French? Where are you thinking of settling?
 
Old Jul 25th 2023 | 1:17 am
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Default Re: Uk pensions in France

in addition, you really would be at the mercy of future exchange rates if the EUR1700 is actually a GBP pension, and it's not easy to see how you hedge it.
 
Old Aug 3rd 2023 | 6:19 pm
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Default Re: Uk pensions in France

Originally Posted by Pulaski
Why don't you do the maths.
I agree, this is a major life move, and everything depends on individual circumstances. One has to do a deep dive personally - if not one has significantly increased the chance of failure.

We have a close friend who loves his life living deep in the country, no running water, not connected to sewage. Lots of land for his wonderful animals...

Perhaps 1700€ would be enough for him (but we would never ask/pry). But I doubt that a 'normal lifestyle' could be had anywhere in modern Western Europe, for a couple at this income, with health protection, inflation, taxes etc....

Create a spreadsheet.. with honest planning estimations, stretching out for years. Rather than starting another thread, perhaps

Jon

Last edited by Jon-Bxl; Aug 3rd 2023 at 6:23 pm.
 
Old Aug 13th 2023 | 5:40 am
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Default Re: Uk pensions in France

It depends what you consider a "normal lifestyle". The pair of us own a small Breton hovel in 2 acres with mains water, electricity, (slow)internet, woodburner heating, and a non-conforming fosse. We run two vehicles and carry car, house, and medical insurance and the mrs. takes one short visit to the UK annually to remind her why she left to live here. We don't eat in restaurants or take proper holidays that suck up cash like a dry sponge. Our combined pensions amount to less than the €1700 mentioned above but we are happier than pigs in sh*t. If we still lived in UK we would be regulars at the local food bank, the community charge would be crippoing, and at least one of the cars would have to go. The neighbours would complain bitterly about the noise of my music and power tools and we wouldn't dare go out at night in case we were mugged for a smart phone we don't have.
It's what the Americans call a "no brainer".
 
Old Aug 13th 2023 | 10:42 pm
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Default Re: Uk pensions in France

I am glad that you have your ideal lifestyle in Brittany but people should remember that you can get mugged or have your pocket picked in any urban area.
Would you visit Paris in the daytime far less at night?
Foodbanks (resto de coeur) also exist in France.
Charity shops ( Emmaus) can also be found.
I personally, would not want your lifestyle but perhaps we are both happy in our own existance.
P.S The OP has not been on for over 2 weeks.
 
Old Aug 14th 2023 | 1:48 am
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Default Re: Uk pensions in France

You can get mugged in most urgan areas, my point is that if I was back in UK I would be far more likely to be a victim, given where a state pension would allow me to live.
I would find no enjoyment in visiting Paris or any other big city these days. Been there, done that.
I know there are food banks in France but since I can live well enough on my pension I don't need them. Likely a different story across the Channel.
Charity shops are few and far between here but I do support my nearest one that looks after abandoned animals of all kinds.
I realise that other people need more bells and whistles in their lifestyle. I was just prompted by the notion of not being able to live a normal life on less that someone else's minimum income.
 
Old Aug 14th 2023 | 4:10 pm
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Default Re: Uk pensions in France

Originally Posted by White Trash
It depends what you consider a "normal lifestyle". The pair of us own a small Breton hovel in 2 acres with mains water, electricity, (slow)internet, woodburner heating, and a non-conforming fosse. We run two vehicles and carry car, house, and medical insurance and the mrs. takes one short visit to the UK annually to remind her why she left to live here. We don't eat in restaurants or take proper holidays that suck up cash like a dry sponge. Our combined pensions amount to less than the €1700 mentioned above but we are happier than pigs in sh*t. If we still lived in UK we would be regulars at the local food bank, the community charge would be crippoing, and at least one of the cars would have to go. The neighbours would complain bitterly about the noise of my music and power tools and we wouldn't dare go out at night in case we were mugged for a smart phone we don't have.
It's what the Americans call a "no brainer".
We are living in a world were consumption is everything. It is interesting that so many people can't imagine that having less, doing less, consuming less might actually make you happy. Finding your niche in life is important. Looks like you found yours.
 
Old Aug 15th 2023 | 6:06 am
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Default Re: Uk pensions in France

Originally Posted by Assanah
We are living in a world were consumption is everything. It is interesting that so many people can't imagine that having less, doing less, consuming less might actually make you happy. Finding your niche in life is important. Looks like you found yours.
The issue at stake in this thread is not how much income somone needs to live a lifestyle that they find acceptable, its the income level required by the French government to issue a visa to live in France. It matters not one jot if you can live comfortably on €1,000/yr if you need a visa for which the French government says that requires proof of minimum income of €20,964.
 
Old Aug 16th 2023 | 3:51 am
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Default Re: Uk pensions in France

Originally Posted by Pulaski
The issue at stake in this thread is not how much income somone needs to live a lifestyle that they find acceptable, its the income level required by the French government to issue a visa to live in France. It matters not one jot if you can live comfortably on €1,000/yr if you need a visa for which the French government says that requires proof of minimum income of €20,964.
Yes of course. That is correct. For a visa you need what is needed.
 

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