How to Move to France as an American in 2024?

US Expats in France

France has long been a favored destination for American expatriates, drawn by its rich culture, history, and quality of life. From bustling urban centers to serene countryside, various regions in France host thriving American communities. Moreover, France offers several attractive regions for American expatriates, each with its own unique appeal. Paris remains a top destination with a blend of cultural experiences, historical landmarks, and a vibrant expat community. Provence, with its picturesque landscapes and Mediterranean climate, attracts retirees and those seeking a slower pace of life. Lyon, known as France’s gastronomic capital, draws food enthusiasts and professionals with its rich culinary heritage. The French Riviera, including cities like Nice and Cannes, lures retirees and those in the entertainment industry with its luxurious lifestyle and sunny climate. Bordeaux, famous for its world-class wine, offers a mix of urban and rural living, appealing to those interested in viticulture and a high quality of life.

American communities in France are active and well-organized, often centered around social clubs, cultural organizations, and international schools. Examples include:

• The American Club of Paris: Established in 1903, it is one of the oldest American organizations abroad, offering networking opportunities and social events for Americans in Paris.
• Democrats Abroad France: A political organization providing a platform for Americans to engage in U.S. politics while living overseas.
• American Church in Paris: Serving as a spiritual and community center for Americans in Paris since the 19th century.

Several famous American expatriates have left their mark on France, further enhancing its appeal. Ernest Hemingway spent a significant part of his life in Paris during the 1920s, contributing to the city’s reputation as a haven for artists and intellectuals. Julia Child, the famous American chef and television personality, lived in Paris and Marseille, where she studied French cuisine and later introduced it to American audiences. James Baldwin, the renowned writer and activist, spent much of his life in Paris, where he wrote some of his most significant works and engaged in intellectual and political discussions. Angelina Jolie and Brad Pitt, the Hollywood power couple, famously owned a chateau in Provence, where they enjoyed the region's tranquility and beauty. Johnny Depp, the actor, has spent considerable time in his estate in the village of Plan-de-la-Tour, near Saint-Tropez.

To sum up, France remains an enduringly popular destination for Americans in Europe. 

Living in France

Residing in France offers a unique blend of rich cultural experiences and practical benefits. From the picturesque countryside to the bustling streets of Paris, France provides a lifestyle that appeals to many. Whether you are comparing it to the USA or exploring it on its own merits, living in France can be both affordable and enriching.

Cost of Living

Living in France can vary significantly depending on the region. In comparison to the USA, the cost of living in France is generally lower, especially outside major cities like Paris. For example, everyday expenses such as groceries, dining out, and transportation can be more affordable. Paris is  less expensive than many US cities, similar to living in New York or San Francisco.

Rent

Renting in France also varies by location. In Paris, rents can be comparable to those in major US cities like Los Angeles or Boston. A one-bedroom apartment in Paris can cost around €1,200 per month, while in smaller cities or rural areas, rents are much lower, often around €500-€700 per month. In the USA, a similar apartment might cost between $1,200 to $3,000, depending on the city.

Rich Culture

France is renowned for its rich culture and history, much like the diverse cultural landscape found across the USA. From the iconic Eiffel Tower and the Louvre in Paris to the historic châteaux of the Loire Valley, France offers a plethora of cultural experiences. The French lifestyle, with its emphasis on art, fashion, and cuisine, is akin to the vibrant cultural scenes in American cities. 

Travel Opportunities

France's central location in Europe makes it an excellent base for travel. High-speed trains and budget airlines offer easy access to neighboring countries, similar to how Americans might travel between states. From Paris, you can reach London, Brussels, and Amsterdam in just a few hours. This ease of travel is comparable to flying from New York to Florida or from Los Angeles to Las Vegas.

Study in France

Studying in France provides students with access to world-class education in a culturally rich and diverse environment. With lower tuition fees compared to the USA and numerous prestigious institutions, France is an attractive destination for international students. The opportunity to immerse oneself in French culture while receiving a top-tier education is a significant draw for many.

Education Opportunities

France is home to numerous prestigious educational institutions, similar to the Ivy League universities in the USA. The French education system is known for its rigorous academic standards and research opportunities. Programs are available in both French and English, catering to international students.

Cost of Study

Studying in France is often more affordable than in the USA. Public universities in France have relatively low tuition fees, typically ranging from €200 to €600 per year for undergraduate programs. Private institutions and Grandes Écoles might be more expensive (from €1,000 to €15,000), but still often cost less than US universities. In comparison, annual tuition fees in the USA can range from $10,000 at public universities to over $50,000 at private colleges.

Top Universities

France boasts several top-ranked universities that are comparable to the best institutions in the USA. Some of the most notable include:

• Sorbonne University: Comparable to Harvard University, Sorbonne is known for its excellence in humanities and social sciences.
• École Polytechnique: Often compared to MIT, École Polytechnique is renowned for its engineering and science programs.
• HEC Paris: Similar to Wharton School of the University of Pennsylvania, HEC Paris is a leading business school offering MBA and other business-related degrees.

Studying in France not only provides high-quality education but also the opportunity to experience a new culture and language, much like studying abroad in the USA would offer for international students.

Working in France

As of the first quarter of 2024, the employment rate in France stands at 68.8%, marking an all-time high for the country. This represents a steady increase from previous years. The unemployment rate has stabilized at 7.5% as of the fourth quarter of 2023​. The average gross salary in France is approximately €39,300 per year. This can vary significantly depending on the industry and region. For instance, salaries in Paris tend to be higher than those in rural areas​. 

France offers numerous employment opportunities across various sectors, each presenting unique career paths and growth potential. These sectors provide diverse opportunities across the country, supported by strong economic policies and innovation.

1. Manufacturing

France's manufacturing sector is diverse, with significant contributions from the automotive, aerospace, and machinery industries. Major companies like Renault, Peugeot, Airbus, and Dassault Aviation drive innovation and export activity. The sector is known for its high-quality production and engineering expertise.

2. Technology and IT

The tech sector in France is burgeoning, with Paris often dubbed the "Silicon Valley of Europe." Key areas include software development, cybersecurity, artificial intelligence, and telecommunications. The government supports tech startups through initiatives like the “French Tech Mission”.

3. Healthcare

The healthcare industry is robust, driven by both a comprehensive public health system and a growing private sector. Pharmaceuticals, biotechnology, and medical devices are notable sub-sectors. Companies like Sanofi and BioMérieux are global leaders based in France.

4. Finance

France is a major financial hub, with Paris hosting numerous multinational banks, insurance companies, and investment firms. The financial sector is characterized by strong regulation and innovation in fintech, asset management, and insurance. Institutions like BNP Paribas and AXA are key players.

5. Tourism

Tourism remains a vital industry, with France being the most visited country globally. Key attractions include historical sites, cultural landmarks, and luxury experiences. The industry supports numerous jobs in hospitality, transportation, and retail, contributing significantly to the economy.

France is also witnessing growth in renewable energy, driven by a focus on sustainability and environmental goals. The renewable sector includes wind, solar, and hydropower, supported by government policies and innovation. Additionally, the creative industries, encompassing fashion, film, and media, continue to thrive, reinforcing France's global cultural influence.

Do Business in France

France stands as the seventh-largest global economy and the second-largest in the European Union, offering a robust and diverse economic landscape. With a GDP of around $3.2 trillion in 2023 and a steady growth rate of 2.1%, the French economy is resilient despite global challenges. France's strategic location, well-developed infrastructure, and EU membership make it an attractive destination for international business and investment. The country attracted about $40 billion in foreign direct investment in 2023, underscoring its status as a prime location for global business operations.

Benefits of Starting a Business in France

Starting a business in France offers numerous benefits, including a robust economy, strategic market access, and a supportive environment for innovation and growth.

• France's economy spans key sectors like aerospace, automotive, luxury goods, and agriculture, offering vast opportunities.
• With a population of 67 million, France has a highly educated workforce, particularly in technology and engineering, and many workers are proficient in English.
• Situated in Western Europe, France provides excellent access to regional and global markets, benefiting from free trade within the EU and preferential trade agreements.
• France's fertile land supports a productive agricultural sector, and the country is a leader in renewable energy with significant investments in wind, solar, and hydroelectric power.
• France's tech sector is rapidly advancing, supported by initiatives lik  La French Tech, making Paris a vibrant hub for startups and home to several tech unicorns.
• Recent reforms have simplified administrative procedures, reduced corporate tax rates, and provided R&D incentives, with the "Société par Actions Simplifiée" (SAS) structure making business startups easier and more flexible.

French Tax System

As of 2024, the corporate tax rate in France is 25%. This rate applies to both domestic and foreign companies considered residents for tax purposes. Key French taxes for companies also include:

• Value Added Tax (VAT): The standard VAT rate is 20%, with reduced rates for certain goods and services, such as 10% for some food products and 5.5% for books and public transportation.
• Withholding Tax on Dividends: Generally set at 25%, with reduced rates available under double taxation treaties.
• Capital Gains Tax: Capital gains from asset sales by companies are taxed at the standard corporate tax rate of 25%.
• Social and Solidarity Contribution Taxes: Businesses must pay a social contribution tax of 0.16% on revenue exceeding €19 million and a solidarity contribution tax of 0.13% on net turnover.
• Withholding Tax on Royalties: Typically 25%, but can be reduced or exempted under European regulations or double taxation treaties.
• Deductions and Credits: Various deductions, allowances, and tax credits are available, including those for certain expenses and R&D investments.
• Double Taxation Treaties: France has treaties with over 40 countries to prevent double taxation.

French Banking System

Banking in France is regulated by the French Monetary and Financial Code, with the Banque de France (BdF) serving as the regulatory authority. The Autorité de Contrôle Prudentiel et de Résolution (ACPR), under the BdF, oversees financial institutions and defines banking activities. Foreign banks must register with the ACPR and obtain authorization to provide banking services in France. The French banking system includes:

• Commercial Banks: Including government-owned banks (e.g., La Banque Postale), cooperative banks (e.g., Crédit Agricole), and non-cooperative banks (e.g., Société Générale).
• Investment Banks: Such as Bpifrance (government-owned) and Natixis (private-owned).
• Other Financial Institutions: include mortgage banks, development banks, savings banks, finance companies, and credit associations.

With over 300 banks operating in France, the sector is robust and resilient, characterized by innovation and a focus on digital banking and financial technology advancements.

Retire in France

France has recently reformed its retirement system, proposing raising the minimum retirement age from 62 to 64 by 2030 for individuals born in 1973 and beyond. The age for receiving a full pension is 67, although those who have contributed for at least 43 years can retire earlier with a full pension​​. The French pension system consists of multiple layers:

1. Basic State Pension (Régime de Base). This is based on a pay-as-you-go system, where current workers fund the pensions of current retirees. The amount is calculated based on the average income of the highest 25 years of earnings and the number of quarters contributed​ (SimpleFrance)​.
2. Complementary Pension Schemes (Régimes Complémentaires). These include schemes like Agirc-Arrco for private sector employees, which operate on a points-based system influenced by salary and contribution duration. 
3. Special and Autonomous Regimes. Specific for certain professions, such as self-employed professionals and those in unique occupations like sailors or railway workers. 

Moreover, France offers a variety of appealing locations for retirees, each with its own unique charm:

• Paris. Paris is an iconic city known for its vibrant cultural scene, which includes famous landmarks like the Eiffel Tower and world-class museums. It attracts a diverse crowd, from young professionals to retirees. Popular US expat neighborhoods include Saint-Germain-des-Prés, the Latin Quarter, and Le Marais.
• Lyon. Lyon is celebrated as France's gastronomic capital, featuring numerous Michelin-starred restaurants and bustling markets. The city also boasts a rich history, cultural festivals, and a thriving arts scene. US expat-friendly areas include Bellecour, La Confluence, and Croix-Rousse.
• Nice. Located on the French Riviera, Nice has long been a magnet for artists and celebrities. It offers beautiful beaches, fresh seafood, jazz concerts, and a picturesque Old Town. Nature lovers will appreciate the nearby national parks and hiking trails. Gambetta, Libération, and Cimiez are popular neighborhoods for expats.

In addition, healthcare in France is of high quality and is a crucial aspect of retirement planning. Retirees need to have comprehensive health insurance, which covers all risks within France. This is a requirement for obtaining a long-stay visa and subsequent residency permit​. After three months of continuous residence, US expats can access the statutory health insurance (SHI) system, which covers about 83% of most medical costs. The remaining 17% is out-of-pocket, which is why around 95% of the French population also has private health insurance to cover this gap and additional services like vision and dental care​. For expats, obtaining a private international health insurance plan is recommended to ensure comprehensive coverage​. 

What Visas Do US Citizens Need to Immigrate to France?

US citizens have several visa options to consider when planning to immigrate to France. Below is a  list of the most popular visas:

1. Talent Passport Visa for Business Investor

Designed for foreign investors aiming to contribute to the French economy, the French Talent Passport facilitates an extended stay, family inclusion, and the pathway to citizenship after 5 years. This type of visa is also widely known as a Golden Visa in today's investment migration industry.

• Requirements:
  • Personal direct investment in a new or existing business.
  • Investing through a company under your control.
  • Holding a minimum of 30% shareholding in a company.
  • Minimum investment of €300,000 in fixed tangible or intangible assets.
  • Creation or preservation of jobs within four years of investment.
• Application Process:
  • Apply through French consular authorities in the US or via a dedicated online platform if already in France.
  • Pay a €200 tax to the Office Française de l’Immigration et de l’Intégration (OFII). and a €25 stamp duty, along with a €99 visa fee.

2. Tech Visa for Founders

Targeted at start-up founders from outside the EU, EEA, and Switzerland who plan to develop their innovative ventures in France.

• Requirements:
  • Present an innovative economic project.
  • Project must be recognized by a French public entity.
  • Demonstrate financial resources equivalent to the annual French minimum wage (€21,203 as of 2024).
• Application Process:
  • Engage with the French Tech ecosystem through partner incubators or accelerators.
  • Submit documentation for project validation to DRIEETS IDF.
  • Apply for a long-stay visa marked “Talent Passport – innovative economic project” at the French consulate in the US.

3. Passive Income Visa (Visa Visiteur and Carte de Séjour)

For financially independent individuals who wish to reside in France without engaging in professional activity.

• Requirements:
  • Proof of sufficient financial resources (€1,398.70 per month recommended, preferably €3,000).
  • Address in France (purchase or rental property).
• Application Process:
  • Apply for the Visa Visiteur at the French Consulate in the US.
  • Validate the visa with OFII upon arrival in France.
  • Undergo a medical examination and apply for a residence permit card.

4. Student Visa

For US citizens intending to study in France.

• Requirements:
  • Proof of enrollment in a French educational institution.
  • Sufficient financial resources to support yourself during your studies.
• Application Process:
  • Apply through Campus France and the French consulate in the US.
  • Submit proof of financial resources, health insurance, and accommodation in France.

5. Work Visa

For US citizens with a job offer from a French employer.

• Requirements:
  • Job offer from a French company.
  • Approval from the French Ministry of Labor.
• Application Process:
  • Employer applies for a work permit on your behalf.
  • Once approved, apply for a work visa at the French consulate in the US.

6. Family Reunification Visa

For US citizens looking to join family members residing in France.

• Requirements:
  • Proof of family relationship (marriage, birth certificates).
  • Proof of accommodation and sufficient financial resources.
• Application Process:
  • Apply for the family reunification visa at the French consulate in the US.
  • Submit proof of relationship and financial stability.

7. Au Pair Visa

For US citizens aged 18-30 who want to live with a French family and help with childcare.

• Requirements:
  • Placement agreement with a French family.
  • Enrollment in French language courses.
• Application Process:
  • Apply for the au pair visa at the French consulate in the US.
  • Submit the placement agreement and proof of language course enrollment.

These visa options provide various pathways for US citizens to live, work, study, or invest in France. 

French Residency in 2024 Explained

Obtaining a French Residence Permit, or "titre de séjour," is crucial for US nationals planning to stay in France for more than 90 days. This permit allows you to live, work, and access public services like healthcare and education, and facilitates visa-free travel within the Schengen Area. The application process involves obtaining a long-stay visa from your the USA, followed by registration with the French Office of Immigration and Integration (OFII) or the local prefecture. Required documents include a valid passport, proof of accommodation, financial stability, and health insurance.

France offers various types of residence permits tailored to different needs. The Long-Stay Visa (VLS-TS) serves as both a visa and a temporary residence permit for up to one year. Other options include the Carte de Séjour for longer-term residency and the Carte de Résident for more permanent residency, typically issued after five years of continuous residence in France. Each permit type has specific requirements and benefits, ensuring that your stay aligns with your personal and professional goals.

Holding a French Residence Permit provides numerous advantages, including the right to live and work in France, access to state-funded education and healthcare, and protection under French law. It also supports long-term stability by allowing renewals and providing a pathway to permanent residency. With a high quality of life, robust public services, and cultural integration, France remains an attractive destination for US expatriates seeking both professional and personal growth in Europe. 

How to Get French Citizenship in 2024 Explained

French citizenship offers numerous advantages, including access to an extensive range of social benefits, political participation, and global mobility. As a French citizen, you benefit from visa-free travel to 188 countries, high-quality healthcare, subsidized education, and the right to vote in all elections. Additionally, French citizens can freely enter and exit France, own property with fewer restrictions, and enjoy consular protection abroad. The ability to hold dual citizenship is particularly beneficial for Americans, allowing them to maintain their U.S. nationality while enjoying the privileges of French citizenship.

To obtain French citizenship in 2024, one can follow several pathways such as naturalization, marriage, descent, or birth. Naturalization requires five years of legal residence, language proficiency, and integration into French society. Citizenship through marriage involves being married to a French citizen for at least four years and meeting residency requirements. Those with a French parent can claim citizenship by descent, while children born in France to foreign parents can apply under specific conditions. The application process includes gathering necessary documentation, demonstrating economic stability, and often undergoing an interview to confirm integration and adherence to French values.

Go-to Plan to Move to France from the USA by Golden Harbors

Moving to France from the USA can be an exciting yet complex process, requiring careful planning and preparation. Golden Harbors Experts help you navigate the transition smoothly, ensuring you understand the necessary actions and timelines for a successful relocation as outlined below. 

Research and Preparation (6-8 Months Before Moving)

1. Determine the Purpose of Your Move:
   • Decide whether you are moving for work, study, retirement, or family reunification.
   • Identify the appropriate visa type based on your purpose.
2. Financial Planning:
   • Calculate the cost of living in France, including housing, healthcare, and daily expenses.
   • Ensure you have sufficient savings or income to support your move.
3. Learn Basic French (optional):
   • Enroll in a French language course to help with integration and daily life.

Initial Application Process (2-3 Months Before Moving)

1. Gather Necessary Documents:
   • Prepare your passport, birth certificate, financial statements, proof of accommodation, and any other required documents.
2. Apply for a Visa:
   • Submit your visa application to the French consulate in the USA. Depending on your visa type, you may need to provide additional documents such as a job offer letter, enrollment confirmation from a French educational institution, or proof of family relationship.
3. Schedule an Appointment:
   • Book an appointment at the French consulate for your visa interview and biometrics submission.

Finalizing Arrangements (2 Months)

1. Secure Accommodation in France:
   • Rent or buy a property in France. Golden Harbors can assist in finding suitable accommodation based on your preferences and budget.
2. Arrange Health Insurance:
   • Obtain comprehensive health insurance that covers your stay in France.
3. Finalize Logistics:
   • Book your flight and arrange for the transportation of your belongings.
   • Notify your current employer, school, or landlord of your move.

Arrival and Settling In (1 Month)

1. Activate Your Visa:
   • Upon arrival, visit the local French prefecture to validate your visa and apply for a residence permit.
2. Register with OFII:
   • Schedule a mandatory medical examination and complete your registration with the French Office for Immigration and Integration (OFII).
3. Open a French Bank Account:
   • Set up a local bank account to manage your finances in France.
4. Enroll in French Social Security:
   • Register for the French social security system to access healthcare and other benefits.

Integration and Long-Term Plans (After Moving)

1. Get to Know Your New Community:
   • Join local clubs, attend community events, and make an effort to integrate into French society.
2. Continuous Language Learning:
   • Continue improving your French language skills through classes or practice with locals.
3. Monitor Visa and Residency Requirements:
   • Stay informed about visa renewal requirements and start the renewal process at least 3 months before your current permit expires.

Golden Harbors provides personalized consultations to help you understand the various visa options and identify the best pathway based on your circumstances. We assist with gathering and preparing all necessary documents for your visa application, ensuring that everything is in order. Our team guides you through the visa application process, helping with form completion and preparing you for the consulate interview. We also offer support in finding and securing housing in France, tailored to your needs and budget. To help with integration, we recommend language courses and provide tips for cultural assimilation, ensuring a smooth transition into your new life in France. Additionally, we offer ongoing support with residency renewals, navigating the French administrative system, and addressing any other challenges you may face during your move.