France’s Wealthy Move Assets Abroad Amid Fiscal Uncertainty
High-net-worth individuals shift funds to Luxembourg and Switzerland for stability and tax benefits.
France’s wealthiest citizens are increasingly transferring their assets to Luxembourg and Switzerland, citing concerns over domestic fiscal policies and rising taxation.
Financial analysts say the trend reflects a growing preference for cross-border diversification and financial privacy.
The shift has prompted debate in Paris over the competitiveness of France’s tax regime and its implications for long-term economic investment.
Financial analysts say the trend reflects a growing preference for cross-border diversification and financial privacy.
The shift has prompted debate in Paris over the competitiveness of France’s tax regime and its implications for long-term economic investment.
