The current bank crisis in the US and the UK is frightening everyone, and at the minute we are all looking to a safe place for our money, as financial markets seem insecure.
For example, the UK bank deposit in case of a bankruptcy is of £35,000, meaning you will get back only £35,000 out of the £100,000 or £200,000 you might have saved during a lifetime. This limit could be raised up to £50,000 early in 2009, by pumping money from the public sector. But if you don't trust this government measure or if you don't want to wait three or four months, some advise you to spread your savings in several different banks, so that you will get several times the £35,000 deposit! But here again, nothing is sure. Nobody can foresee what will happen to your banknotes.
For those who prefer a safer and saner solution, they have the possibility to invest their money in a property. Instead of keeping one's money on an account and crossing fingers while banks recover, it is definitely safer to pour one's money in gold bars or in a house that won't vanish... Even if we go through a series of crisis, your property will still be there. It is a safe good, which can last and be given to the following generations. And buying a property in France is the dream of many of us! Now it is no more a dream but rather a necessity. What's more, buying a property in France is not only a way to protect your money. You can enjoy it all year long, indeed: for a short week end, as a holiday home and also for retirement.
To summarise, you will definitely be better off with your money invested in a French property.
There are so many different regions and types of properties, that you will necessarily find one that suits you!
Is it time to move to France?