I would love to show this website to my family but they all live in France :)
So adding “France” in the “International Tax Presets” would be nice
Oh yes, please, that’d be fantastic! I’m wondering if you could crowdsource the rules regarding taxation and accounts preset. I’m sure that folks using ProjectionLab would be more than happy to contribute!
+1 on the crowd source idea
Willing to help here on the french taxes.
Just wanted to add that this would be amazing! Especially if we can somehow separate out social charges from income tax.
Ideally there would also be the different tax-advantaged accounts (like the PEA with its rules like no income tax but only social charges if withdraws happen 5 years after opening) as well.
Would be fantastic! Would be willing to pay extra for this or crowdfund.
Is the reason this does not exist yet here is because France and with the treaty with the United States makes the taxes relatively similar and it’s not such a huge jump as you have with some place like Spain? I was wondering.
It’s not that easy. Some accounts are recognized (US-only stocks) as only taxed in the US, not in France, even as a tax resident. Some accounts like the PEA aren’t recognized in the US as a retirement account so are taxed as capital gains by the US but not France.
Interested in this with the tax treaty if we were to retire in France instead of Germany. Looking to see how our assets and withdrawls would change with a change of tax residency. With my estimations, I would save 15-25% of my money (taxes) by moving to France in retirement.
Upvoting this!
please add France!
Yes, we want to see France! And we do see more and more US retiree wanting to move there too!
I agree, I have many clients recently who have spoken about retiring in France.
Under the US–France tax treaty, the US has sole taxing rights on traditional IRA/401(k) distributions and Social Security for US citizens living in France — France doesn’t tax them. Qualified Roth withdrawals get the same treatment and stay tax-free in France too. It’s unusually friendly for US retirees, so built-in French presets in ProjectionLab would be hugely welcome.
Please add France and if possible include the upcoming healthcare charges which as of yet have not been finalized but will play an important part of everyone’s budgets.