The French exiles who left the tax hell

<p class&equals;"p1"><span class&equals;"s1"><i>Tax exile is a booming phenomenon&amp;comma; both in terms of the profiles affected and the destinations&amp;period;At the heart of these departures&amp;comma; a costly French tax system&amp;comma; complex and unstable&amp;period;<&sol;i><&sol;span><&sol;p>&amp;NewLine;<p class&equals;"p1"><strong><span class&equals;"s1">Dear French exiles abroad&amp;comma;<&sol;span><&sol;strong><&sol;p>&amp;NewLine;<p class&equals;"p1"><span class&equals;"s1">You are often singled out for criticism by some in the media and political circles&amp;period; However&amp;comma; anyone with a little knowledge of the subject knows that French "tax exiles"&amp;comma; who have left to settle permanently outside theThere are many reasons for leaving&amp;period; among the main ones&amp;comma; are the complexity of the French tax system&amp;period;<&sol;span><&sol;p>&amp;NewLine;<p class&equals;"p1"><span class&equals;"s1">And, as you well know, contrary to some people's shortcuts, tax exile has nothing to do with tax optimization or tax evasion;a plan to live abroad&amp;comma; generally with the whole family&amp;period; So there's no point in criticizing French people who leave, and it certainly won't convince you to return&amp;excl;<&sol;span><&sol;p>&amp;NewLine;<p class&equals;"p1"><span class&equals;"s1">Especially since the election of François Hollande, tax exile has continued to accelerate, and there have never been so many French taxpayers leaving France;According to the French Ministry of Foreign Affairs, the French community established outside France now numbers 1&amp;rsquo&amp;semi;6 million&amp;rsquo&amp;semi;registered&amp;comma; a total of 2 to 2&amp;comma;5 million French people&amp;period;<&sol;span><&sol;p>&amp;NewLine;<p class&equals;"p1"><span class&equals;"s1">In addition to this increase in the number of departures, there has also been a recent change in the choice of destinations&amp;period; Indeed&amp;comma; if François Mitterrand's arrival in power in 1981 caused large French fortunes to flee abroad&amp;comma; the countries concerned were mainly limited to Switzerland&amp;comma; then to England and Belgium&amp;period; Now&amp;comma; the French are also heading for Morocco&amp;comma; Thailand or Portugal&amp;period; For example&amp;comma; the Ministry estimates the French community in Portugal at around 30,000 people &amp;lpar;update June 2015&amp;rpar;&amp;period;<&sol;span><&sol;p>&amp;NewLine;<p class&equals;"p1"><span class&equals;"s1">What's new is that tax exile also concerns a much wider spectrum of social categories&amp;period; Gone are the fantasies of the "rich" alone moving abroad&amp;colon; many middle-class families, students and young professionals are leaving our country early to make a life elsewhere&amp;period; Retired people are also increasingly spending their retirement abroad&amp;period;<&sol;span><&sol;p>&amp;NewLine;<p class&equals;"p1"><span class&equals;"s1">Yet France is not condemned to remain a tax hell&amp;period; Major reforms must be put in place immediately after the 2017 presidential election&amp;period; As a matter of urgency&amp;comma; taxation must be eased&amp;comma; with a 10&amp;percnt; cut in income tax&amp;comma; abolition of the&amp;rsquo&amp;semi;ISF and an exemption for inheritance tax, so that our heirs can benefit from the fruits of our labor&amp;comma; so that "transmission" is no longer a dirty word&amp;period; In direct line and up to&amp;rsquo&amp;semi;400,000 euros&amp;comma; inheritances must be exempt from this taxation which today adds&amp;rsquo&amp;semi;tax to&amp;rsquo&amp;semi;tax up to&amp;rsquo&amp;semi;the vault&amp;period;<&sol;span><&sol;p>&amp;NewLine;