Pack your bags, not your taxes with portable assurance vie 

Expats can increase time and money with Luxembourg’s life insurance.

The latest. Known as chameleon policies (contrats caméléons), Luxembourg’s assurance vieschemes adapt seamlessly to local tax laws across borders.

Stress-free finances. For example, a widowed British expat in France may wish to return home to reunite with family, but might lack knowledge of the capital invested and income generated, as her late husband managed these details. With a Luxembourg assurance vie,resolving this is easy, she simply needs to inform the insurer of her move.

Had it been a France-based policy, the holder would have to sell the assets, buy back the capital, pay the tax and reinvest the capital. The portability also works with other European countries, such as Portugal and Spain.

Succession strategy. Even UK residents moving in the future could consider this option because some Luxembourg policies can be opened from the UK. Acting with the future in mind can help smooth the way for savvy succession planning.

Takeaway. Luxembourg’s assurance vie contracts are ideal for expats in France. To discover the full benefits contact us.