Helping Americans retire in France

A better retirement,
expertly orchestrated
for you.

Whether you're planning the move or already settled in France, we coordinate vetted cross-border experts — visas, dual-country taxes, healthcare, housing, banking, estate planning — so you can focus on what matters.

Why retire in France
Why retire in France
Aelos partners with
Dual-country tax experts who handle your US and French returns together, so both filings always line up.Cross-border estate lawyers who structure your trusts, heirs and succession to hold up under both US and French law.Modern, English-speaking health insurance built for newcomers settling in Europe.Steps in as your French rental guarantor, so landlords welcome you without French income or a local cosigner.Currency specialists who move your dollars to euros — pensions, savings and property — smoothly across borders.Court-sworn translators whose certified civil documents sail through French consulates and prefectures.
Why France

A retirement worth the move.

France offers American retirees something unusual: healthcare that actually works, a culture that lingers at the table, and the rest of Europe right next door — at a lower cost of living than most US metros.

1st
travel destination on earth

The world's favorite country

Thirteen regions, each with its own landscape and culture. Alpine peaks, Mediterranean coast, medieval villages. Castles and cathedrals, museums and markets — and, obviously, the food.

+4 yrs
life expectancy vs US (Source: UN)

Healthcare that still feels human

Get the care you need. No networks, no deductibles, no surprise bills. Universal coverage through Protection Universelle Maladie — France's public healthcare system. Residents are covered after 3 months. A separate health contribution can apply if you live mainly off investment income. plus a small Private complementary insurance that covers what PUMa doesn't. A couple in their late 60s typically pays around €250 a month; premiums rise with age. — at about half what the US spends per person.

8
border neighbors

All of Europe, at arm's length

Land borders with Spain, Italy, Switzerland, Germany, Belgium, Luxembourg, Andorra, and Monaco. Train à Grande Vitesse — France's high-speed rail network, reaching 200+ mph. across France in hours — and as a resident, you skip the The Schengen area — a 29-country European free-movement zone. As a French resident, you cross internal borders without passport checks. entirely.

Find your France

Which town is your France?

Nine questions, three minutes. We score fifty-five retirement-ready towns and cities on sixteen factors of official French data — healthcare, rents, climate, trains — and show you the ones that fit the retirement you want, honest tradeoffs included.

Tucked into a 1994 treaty

Americans retiring in Europe usually pay more tax. In France, they often pay less.

Almost everywhere in Europe, residents pay local income tax on their worldwide income. Foreign tax credits keep you from paying twice, but not from paying more — you owe whichever country charges more. In Europe, that's almost always Europe.

France is the exception — and only for Americans. Under the US–France tax treaty, US-source income — Social Security, 401(k), IRA, pensions, capital gains on US investments, and rent from US property — is taxed only by the United States. France doesn't layer its own tax on top. Then state tax drops off too: under US federal law (4 United States Code, Section 114) that blocks states from taxing the retirement income of non-residents. The provision that makes your former state drop off your tax return., your former state can't reach your retirement income once non-residency is properly established. All of it is still declared in France each year — which is exactly the filing Membership handles for you.

Income tax your new country collects on a US retirement income
France
None
US-source retirement and investment income is taxed only by the US under the 1994 treaty — no French income tax, no CSG/CRDS, on top.
Spain
19–47%
Worldwide income taxed at progressive rates — pensions and IRA withdrawals count as general income; investment income 19–28%.
Portugal
14.5–48%
The NHR scheme that drew retirees closed to new arrivals in 2025 — new residents pay standard progressive rates on pensions.
Italy
23–43% + local surtaxes
A 7% flat regime exists, but only in small southern towns, for ten years at most.
Top statutory ranges on a tax resident's worldwide income, 2026. Treaty credits prevent paying twice — you pay the higher of the two systems. And on income the US exempts, like a Roth withdrawal, there's no US tax to credit against, so the local rate is a pure addition. Details vary by treaty and situation; your advisor models yours. One French charge sits outside the treaty entirely: residents on public healthcare who live mainly off investment income, with no pension income in the household, can owe the cotisation subsidiaire maladie (the "taxe PUMa") — about 6.5% on investment income above an allowance. It's a health contribution rather than an income tax, so the treaty doesn't touch it — one of the first things we check for portfolio-funded households.
The savings are substantial

See your own numbers.

Your household retirement income
Social Security
Taxed only by the US · treaty Art. 18
$35,000
401(k) / IRA withdrawals
Taxed only by the US · treaty Art. 18
$60,000
Roth IRA withdrawals
Tax-free in both countries
$10,000
Dividends / Rents / Capital Gains
US-source · no French income tax (a health contribution can apply)
$40,000
The state you're leaving
Assuming a typical ≈6% effective rate —
Effective state tax rate
Set it to match your last state return
6%
How you like to live
Pick the closest to your household's monthly spending today.
Your picture, in France
on $145,000/yr

US federal tax stays the same — US citizens are taxed worldwide. What changes:

  • State tax drops to $0. Once non-residency is properly established, your former state can't reach your retirement income (4 U.S.C. §114). We don't count Social Security in this figure — most states already exempt it.
  • French income tax is $0 on US-source retirement income, capital gains, and US rental income — taxed only by the US under the 1994 treaty.
  • No CSG/CRDS (the 9.7% French social charges) on that income either.
  • One charge sits outside the treaty: once you're on French public healthcare with no pension income in the household, France can assess the cotisation subsidiaire maladie (the "taxe PUMa") — 6.5% on investment income above the first ~$26,000, or up to $910/yr on the income you entered. Retirees drawing Social Security or a pension have in practice been exempt — your advisor confirms which side you're on.
Why the same life costs less in France:
Healthcare
PUMa + mutuelle replace Medicare, Medigap, Part D, and dental — for a fraction of the premiums.
Housing
Comparable homes rent for 30–50% less than in US metros, outside Paris.
Getting around
Trains and walkable towns replace car ownership — many couples drop to one car, or none.
Food & dining
Groceries run ~35% cheaper, and restaurant prices already include tax and tip.
Plus utilities, insurance, entertainment — partially offset by higher cross-border tax prep. Aelos' spending comparison of a typical household measured ~45% lower costs; we apply a more conservative 40% to the lifestyle you picked. Your advisor will model your actual mix.
Your total annual savings
$44,400
Over
years
$1.11M
Email yourself these numbers
Rough estimate for illustration. Assumes properly established French residency and non-resident state status. Cost-of-living savings apply the Aelos spending comparison to the lifestyle you picked. Not netted out above: a possible French health contribution (the "taxe PUMa") of up to $910/yr on investment income — it mainly applies to households without pension income, recurs yearly against the multi-year figure, and isn't offset by the treaty. Your advisor will model your actual situation.
A couple outside a stone farmhouse in Provence at golden hour
Healthcare, handled

From Medicare to Carte Vitale.

  1. 01
    Medicare strategy

    Keep Part A if it serves you. Whether to drop Part B is a real decision — we put a Medicare specialist in the loop before you make it.

  2. 02
    First-year insurance

    Visa-compliant private cover the consulate accepts, bought for the full first year — the one insurance decision that can sink a visa file.

  3. 03
    PUMa enrollment

    France's universal coverage, available after three months of residency. Processing can be slow — we track it, guide every follow-up, and flag whether a separate health contribution applies to your income profile.

  4. 04
    Mutuelle

    The private top-up that covers what PUMa doesn't — around €250 a month for a couple in their late 60s.

  5. 05
    Carte Vitale

    The card in your wallet that makes it real: no networks, no deductibles, no surprise bills.

In the right order, with the handoffs managed — Aelos coordinates all five.
What we do

Wherever you are. We take it from there.

We map your situation, then coordinate vetted partners on one timeline — and keep you compliant on both sides of the Atlantic, every year after.

If you're planning the move

We run the relocation end‑to‑end, on one coordinated timeline.

The French long-stay 'Visitor' visa typically issued to retirees who can show sufficient income. visa, consulate filing & docs
First-year validation included.
French bank account, with French legal right to a basic bank account. If banks refuse, you petition the Banque de France, which assigns one.
Banks that actually accept Americans.
Healthcare — Protection Universelle Maladie — France's universal public health coverage. Available to residents after 3 months. A separate health contribution can apply if you live mainly off investment income. + Private complementary health insurance that covers what PUMa doesn't. A couple in their late 60s typically pays around €250 a month; premiums rise with age. enrollment
Plus the transition off US Medicare.
Consultation with US/France estate lawyer
One coordinated plan, not two conflicting.
Lease review, signing & guarantor support
From the place you choose to move-in day.
US driver's license exchange
For reciprocity states — a hard 12-month window.
If you're already in France

We coordinate the ongoing layer — every deadline, every renewal, every year.

US tax filing — federal & Report of Foreign Bank and Financial Accounts — a US filing required when foreign accounts exceed $10,000 at any point in the year./IRS Form 8938 — the FATCA disclosure for foreign financial assets above certain thresholds.
All treaty positions claimed correctly.
French annual tax return
Filed and synced with the US side.
Visa & carte de séjour renewals
Prep starts five months before expiry; filed the day the window opens.
Compliance calendar across both countries
One view. Nothing slips.
Healthcare monitoring & mutuelle reviews
Rule changes — including URSSAF health contributions — flagged early.
Dedicated Aelos concierge
A real human for day-to-day questions.
30 minutes · free · about a third of these calls end with us saying “not now.”
The Journal

Retiring in France, explained.

Read all articles →
Questions people ask us

The honest answers.

Still a year or two out? Most members started there.

Treaty changes, visa updates, healthcare shifts, and stories from members already living in France — straight to your inbox.

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Before you commit to anything

Book a free call with an Aelos advisor.

Thirty minutes. No pitch — about a third of these calls end in “not now,” “do it yourself,” or “France isn't right for you.” If it is right, you'll leave knowing exactly what to do next.

Ali Benslimane
Ali Benslimane
Aelos co-founder — every consultation is with Ali, not a sales team.
30 minutes · free · no obligation
What we'll cover
  • 01Your personal tax picture, both countries
  • 02Visa and residency strategy
  • 03Healthcare planning and enrollment
  • 04Cross-border estate planning considerations
  • 05A clear next step — Go/No-Go if you're planning, a gap review if you're already in France