Top critical review
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OK if you just decided to retire outside the US yesterday...
on January 25, 2011
...but of little value if you have been thinking about it for a while and done *any* amount of research.
I have been thinking about retiring to France, so I bought this book based on the good reviews. I thought I would get a good overview of the topic of expat retirement and get some real info about retiring in France. No such luck.
In the France section, I was rather stunned by how little information was provided, almost nothing beyond expected rents! For instance, under the topic of income tax in France, the author states that the rate is 0-40%. Without giving some idea of the tax brackets, this information is absolutely worthless. She touts the benefit of buying a place to live in France, but never indicates if the mortgage interest is deductible under French Tax code--this is really potentially important.
She never writes about the ease or difficulty of getting a French retirement visa, prerequsites, disqualifications, monetary requirements, costs?? For example, Australia demands $750K be given to the government to hold in order to retire there, my question is "is there something like this in France"? No discussion at all.
And no discussion of what it costs to have a car in France. She indicates that she did not have one and did not feel the need for one. I could not imagine this.
And finally, the geek in me takes objection to her listing expected rents and other costs to as much as 4 significant figures when 2 would probably be appropriate.