Do you have a business registered in another country? Or it's income from investment?My wife and I were not able to get a mortgage. We have plenty of assets to cover the proposed loan, but no income in France. Hence, no mortgage.
You only need to meet one of the three criteria to be subject to French taxation.Sous réserve des Conventions fiscales internationales, vous êtes considéré comme domicilié fiscalement en France si vous répondez à un seul ou plusieurs de ces critères :
votre foyer (conjoint ou partenaire d'un PACS et enfants) reste en France, même si vous êtes amené, en raison de nécessités professionnelles, à séjourner dans un autre pays temporairement ou pendant la plus grande partie de l'année. A défaut de foyer, le domicile fiscal se définit par votre lieu de séjour principal ;
vous exercez en France une activité professionnelle salariée ou non, sauf si elle est accessoire ;
vous avez en France le centre de vos intérêts économiques. Il s'agit du lieu de vos principaux investissements, du siège de vos affaires, du centre de vos activités professionnelles, ou le lieu d'où vous tirez la majeure partie de vos revenus.
Yes, yes.Do you have a business registered in another country? Or it's income from investment?
Wages paid to us in France.What would they consider to be "french income?". Should it be a business that is registered here, and has a bank account here? What if we are not residents, and live part-time in France, and running a virtual business?
But that would not be fixed by just transferring money to France on a regular basis. They want to see 'income'. A job. An employer (even if the employer is us).My wife and I were not able to get a mortgage. We have plenty of assets to cover the proposed loan, but no income in France. Hence, no mortgage.
I suppose the moral to this story is that it appears French banks won't grant a mortgage based solely on assets. Because mortgage payments are taken each month from your bank account, they want to see deposits from some source coming into said account on a regular basis. Or, I suppose, you could simply transfer enough assets to your French account to cover a few years of mortgage payments, too.Well, I wonder, perhaps it depends on the bank? I have more money in investment than SS so I expect to fund a mortgage through that. Although I suppose I could do the opposite if that is the way to play.