Specific strategies with the United States, United Kingdom, Switzerland, Luxembourg, and Belgium

Thanks to our strong presence in Paris and Washington DC, our expertise, and our international network of experts, Prax Avocats supports its clients worldwide by providing personalized solutions adapted to cross-border challenges. Our international expertise allows us to address the complex challenges faced by our clients with interests in multiple jurisdictions.

Prax Avocats has established itself as a major player in managing complex cases between France and the United States. People with family ties or assets in both countries must deal with tax issues and sometimes highly technical reporting obligations.

Our lawyers, in partnership with trusted American correspondents (lawyers or accountants), use their know-how to offer tailored solutions in taxation and wealth planning.

We regularly work on cases such as:

• Americans settling in France while benefiting from the advantages of the Franco-American tax treaty.
• Supporting French people settling in the United States, with an optimized strategy to anticipate and manage the tax aspects of income and assets in both countries.
• Estate planning for French residents with American children, integrating the tax consequences of donations with usufruct reserve.
• Tax treatment in France of wealth strategies involving trusts established by Americans for the benefit of beneficiaries residing in France.
• Real estate investments in France by American residents, or real estate acquisitions in the United States by French residents.
• Assistance in regularizing tax declarations, particularly for so-called "accidental" Americans living in France.

With extensive experience in cases involving France and the United Kingdom, Prax Avocats is a partner of choice for clients with interests in both countries. We provide our expertise in areas such as:

• Planning before returning to France.
• Supporting British tax residents in their real estate investments in France, taking into account tax specificities such as the lack of translucency of SCIs in the United Kingdom.
• Wealth and estate management between France and the United Kingdom.
• Tax assistance during cross-border divorces.
• Settlement of Franco-British estates and testamentary trusts.
• Supporting French tax residents settling in the United Kingdom, with particular attention to assets likely to create double taxation (SCI, life insurance, etc.).