My wife and I are U.S. citizens living in the U.S. who want to move to France, probably permanently, as soon as possible (after the borders reopen and the visa office resumes issuing visas). We’ve been learning French for 5 years, have spent about 5 months total in France, and hold a French checking account.
I’m currently a telecommuting employee of a U.S. company who pays directly into my U.S. bank account. I also have a couple of U.S. companies (LLCs), which I can run from anywhere, and once they become profitable enough, I might quit my day job. My wife doesn’t work.
I’m thinking that our best option that could lead to permanent French residency is to file one of my companies with the CNFE, as a foreign business without a presence in France, and make myself an employee, and pay myself the minimum required. Does this approach work if my LLC has no business reason to relocate me to France?
Is it okay if I have 2 identities, the American who’s working for a U.S. company and running U.S. companies, and also the expat in France who’s employed by a U.S. company (that is mine)? I think I’ll need to declare and pay taxes on worldwide income to the U.S. (minus the taxes I pay to France per their tax treaty), and declare taxes on worldwide income to France but only pay tax on the salary I receive from my U.S. company.
Of course, any option would need to provide for my wife’s visa as well.
Any guidance would be appreciated.