GUIDE ON EMIGRATING TO FRANCE

French Money

If you’re thinking of emigrating to France you will have to know what type of currency the country uses. In the case of France the country uses the Euro or the single currency. The Euro is the second most traded currency in the world behind the US Dollar, before you emigrate it is a good idea to seek advice from a trusted currency broker, a good one to use would be TorFX.

The main banks

There are many banks in France with eight in particular being the most popular as well as the multinationals found in most countries. Surprisingly the largest bank in terms of number of customers and branches is the French post office called La Banque Postale. The other seven major banks are as follows; BNP Paribas, Crédit Agricole (CA), Société Générale,  Caisse d‘Epargne (CE), Banque Populaire (BP), Crédit Mutuel, LCL.

Cost of living

Thanks to the weakness of the Euro the price of everyday items is comparatively cheaper than those found in the UK.

Property prices in France

Here are the average property prices for the main regions of France:

City: Avg. House Price Avg. House Price
Alsace €620,000 £485,954
Lorraine €159,000 £124,623
Lower Normandy €157,000 £123,056
Upper Normandy €169,000 £132,461
Brittany €171,000 £134,029
Cote d’Azur €380,000 £297,842
Limousin €115,000 £90,136
Auvergne €150,000 £117,569
Burgundy €150,000 £117,569
Ile de France €300,000 £235,139
Loire €180,000 £141,083

Cards

Visa or MasterCard are generally accepted everywhere. American Express and Diners Club cards are not accepted everywhere, but tend to be OK in upmarket hotels and restaurants or shops in touristy areas.

French cards are usually valid for two years and sometimes have a charge of €15-45/year. Some banks offer special tariffs for young people or the issue of a second card on an account.

The simplest card is a Carte blue (CB), which works as a cash or debit card and can be used everywhere in France for payment and withdrawing cash. They usually cost €15-25/year, but have the downside of not working outside of France.

If you lose your card or cheque book then you can call a 24hour helpline to report the theft or loss. For cards the number to ring is: 08 36 69 08 80, for cheques call: 08 36 68 32 08.