Belgian residents do not pay wealth tax, which in France applies to individuals with assets above 1.3m euros (£1m; $1.7m), starting at a rate of 0.25%. Nor do they pay capital gains tax on share sales.
Next year, the top rate of income tax in France is due to become 75% on earnings above 1m euros. It is currently 50% in Belgium.
December 12, 2012
Gerard Depardieu moves to Belgium.