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USA vs France : What is Best for Indian Students? 

Joshua Balata
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In this video, I dive into the exhaustive list of financial benefits of moving to France. Whether you're considering relocating or already living here, understanding the economic advantages of working in France can significantly impact your financial stability and overall quality of life. From competitive pay and social security to retirement benefits and tax optimizations, I cover it all! Drawing from personal experience and numerous conversations with colleagues, this guide is essential for any expat looking to make the most of their move to France.
Chapters:
00:00 Introduction
00:24 Competitive Pay in France
02:36 Health Benefits in France
04:38 Work-Life Balance in France
08:36 Retirement Benefits
10:05 Financial Aid and Free Money
13:02 Tax Optimization in France
Useful Links:
Learn more about PER and other financial mechanisms on the French government website (Translated copy available on my website):
www.economie.gouv.fr/particul...
(Translated Copy: joshuabalata.com/french-benefits)
Social Security and Benefits Information:
service-public.fr
Download the free handbook “Fit in in France V1” - V2 out soon!
Fit in in France Handbook : joshuabalata.gumroad.com/l/fi....
Additional Resources:
“Getting to Know Yourself” playlist:
• STUDYING IN FRANCE: Fi...
Loi Pinel Information:
economie.gouv.fr/cedef/pinel-investissement-locatif
Connect with Me:
Instagram: @joshuabalata
Website: joshuabalata.com
If you read this far, do consider hitting the like button, it helps my channel. Don’t be a stranger, reach out!
Thank you for watching
#KeepLearning #ExpatLife #MovingToFrance

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31 июл 2024

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Комментарии : 68   
@Glen.Murphy8
@Glen.Murphy8 2 месяца назад
It's great to hear that you are considering investing in the stock market after being inspired by the success of Munger and Buffett with Berkshire Hathaway. Here are some key points to consider when investing a significant amount like the proceeds from selling your apartment:
@LaurenJ.Gordon
@LaurenJ.Gordon 2 месяца назад
Numerous compelling stocks span various industries for you to consider tracking. While it's not necessary to act on every prediction, enlisting the guidance of a financial advisor is advisable. They can assist you in determining optimal entry and exit points for purchasing and selling shares or ETFs, ensuring well-timed decisions aligned with your investment goals.
@Jeanette.Watts6
@Jeanette.Watts6 2 месяца назад
I agree, that's the more reason I prefer my day to day investment decisions being guided by an advisor seeing that their entire skillset is built around going long and short at the same time both employing risk for its asymmetrical upside and laying off risk as a hedge against the inevitable downward turns, coupled with the exclusive information/analysis they have, it's near impossible to not out-perform, been using my advisor for over 4years+ and I've netted over 2.8million.
@JanMuench467
@JanMuench467 2 месяца назад
Kindly share the details for reaching your advisor. With inflation negatively affecting my funds, I'm in search of a more lucrative investment strategy to optimize their performance.
@Jeanette.Watts6
@Jeanette.Watts6 2 месяца назад
Leicia Zavala Perkins is the licensed advisor I use. Just research the name. You’d find necessary details to work with to set up an appointment
@WallaceM.Hilliard
@WallaceM.Hilliard 2 месяца назад
I greatly appreciate it. I'm fortunate to have come upon your message because investing greatly fascinates me. I'll look Leticia up and send her a message. You've truly motivated me. God's blessings on you.
@AveryFossen
@AveryFossen 2 месяца назад
Since Macron took office, there seem to have been more unfavorable results in France. These results include effects on the markets, such as price declines and sharp increases in inflation, as well as bank failures. I wonder if the sudden increase in interest rates will help value investors or if it would be wiser to stay away from the stock and financial markets for the time being.
@fadhshf
@fadhshf 2 месяца назад
To "buy the dip" It will be profitable in the long run. However, investors should be wary of the bull run. It is advisable to connect with a skilled adviser to fulfill your growth objectives and prevent mistakes. High interest rates typically result in lower stock prices.
@hasede-lg9hj
@hasede-lg9hj 2 месяца назад
I truly enjoy having a portfolio coach to help me make market judgments on a daily basis. They possess a special combination of abilities that enable them to take both long and short positions, benefiting from the possibility of significant gains while also safeguarding against downward turns. Additionally, they have access to exclusive knowledge and research that virtually guarantees they will outperform. I've had a portfolio coach for more than two years, and throughout that time I've actually earned over $432k. It was a wonderful experience!
@hasede-lg9hj
@hasede-lg9hj 2 месяца назад
For you to grow your portfolio in today's market, you really need to be coachable and willing to get off your high horses. I for example, have managed to grow mine from $150k to 300% of my initial deposit within the past 8 months just by copying trades from a broker that has better skillset and technical know-how than me.
@hasede-lg9hj
@hasede-lg9hj 2 месяца назад
Finding financial advisors like Sharon Ann Meny who can help you shape your portfolio would be a very creative option. There will be difficult times ahead, and prudent personal money management will be essential to navigating them.
@leojack9090
@leojack9090 2 месяца назад
@@hasede-lg9hj Thank you for this tip. It was easy to find your coach. Did my due diligence on her before scheduling a phone call with her. She seems proficient considering her résumé.
@williamramos3350
@williamramos3350 Месяц назад
This is just more of an incentive to move to France. I am already getting things ready for the move. This is just icing on the cake. All this information is awesome. Merci Boucoup!
@rahulbijoy8624
@rahulbijoy8624 2 месяца назад
great video Joshua. I really appreciate your hard work and research on these topics which really helped me to have a smooth expat life in France.
@JoshuaBalata
@JoshuaBalata 2 месяца назад
I'm so glad to hear this Rahul!
@jnnnsr1890
@jnnnsr1890 2 месяца назад
Thank you for talking about this topic. I really appreciate it.
@JoshuaBalata
@JoshuaBalata 2 месяца назад
Glad it helped :)
@saga4646
@saga4646 2 месяца назад
As long as I can remember France has been a country of protests and strikes which is why you have these benefits. I'm American and we don't fight. We fight in other people's countries to take things but in our own country we just swallow whatever we're given. That's why workers here have no rights, no vacation no healthcare etc. Very good video my friend. It is beautiful when someone is appreciative of their new country.
@beingintrinsic
@beingintrinsic 26 дней назад
well said, same for Canada too, it is rare when we fight. Quebec's long term resistance and non compliance garnered them a nation in a nation, they got it right both process and end product.
@sadaanmirza6060
@sadaanmirza6060 2 месяца назад
Hello Joshua, I hope you are doing well. I want to express my heartfelt gratitude for your excellent content. I was quite confused about choosing between the USA and France and had been searching on RU-vid for the perfect video and channel to help me decide. I'm happy to say that my search has ended, thanks to your outstanding work❤
@JoshuaBalata
@JoshuaBalata 2 месяца назад
Man this is so rewarding to read. Good luck on your journey, if you end up in France, we'll meet at a meetup!
@mammenvarghese830
@mammenvarghese830 2 месяца назад
great video Joshua
@rvoloshchukify
@rvoloshchukify 2 месяца назад
I just want to add an immigrant's perspective here in the US for some additional nuance: since your job provides insurance for you, if you are employed by, say, a hospital, you can actually get top quality care at a low cost, and this is very important for some rare conditions that are being researched more actively in the US than beyond. Moreover, many hospitals have payment plans and ways for you to avoid paying *if you are familiar with the laws*, which are complicated, and hardly anyone thinks of them. There are also public hospitals, which are by law required to take care of everyone regardless of insurance status and they are not even allowed to ask if you are in the US legally or not, so it is free for them, but they tend to be overcrowded. Now because the payments to the medical care normally go through insurance, and hospitals try to milk them for the most money, billing from the hospital is completely ridiculous and there aren't even standard prices for treatments. For example, last year I had to go to the hospital twice and had to have a quick but technically difficult surgery. I can honestly say I received amazing care, and it all cost me $1,600, which I am not upset about, just based on how quickly and skilfully I was taken care of. But without insurance, it would have cost me ~$100,000, if not more. That being said, I work for a university that has top 10 med school, so I was very lucky in that regard. I will add, however, that the concept of "sick days" and no federal maternity leave in the US are absurd. In fact, if I ever move to France (which is not out of the picture given my field of work, language skills, and the fact that I am an immigrant anyway), it would be partially because of this. From what I hear, having kids is much more affordable in France, and parents seem to be treated more like... people.
@Belaziraf
@Belaziraf 2 месяца назад
Having kids in France is not about affordability. Whether France or most EU countries emphasize in responsibility and parental behavior. Governments and systems help a lot. African and Middle East immigrants tend to abuse the system. They have kids to cash in governments subsidies but don't care about their kids, don't care about their education or actions when they break the law. They only use racism as an excuse if they are caught red handed. In France, education is "free" but you still have small fees for every study year. Usually as participation for general expenses of the year, then school kids insurance. The school fees due at the beginning of the year are purely symbolic if you ask me and are due depending on your financial and social situation. So no worry, it's far less than 100€ a year up to high school. Starting from high school, you have to account for manual purchase. New or second hand depending on the older students and if the school program changed or not. You get subsidies for kids starting from the third one. Giving birth range from free to a few hundreds Euros depending on your top up health insurance and whether you use public or private hospitals or clinics. It's a bit complicated for the first 3 years of the kids as it's not easy to find qualified wet nurses for that age range and they're quite expensive relatively to average incomes here. Starting 3yo, you can send your kid to a child care center. But there are limited places so it's better to do your research way in advance. It's included in the education system so it's the same cost as school. i.e. almost nothing. If you want to the full parental experience, the Northern countries of EU have the best systems and policies in the world.
@laurenhensman7941
@laurenhensman7941 2 месяца назад
Very helpful thank you 🌟
@JoshuaBalata
@JoshuaBalata 2 месяца назад
Glad it was helpful!
@anand_1226
@anand_1226 2 месяца назад
Great video man👍
@JoshuaBalata
@JoshuaBalata 2 месяца назад
Thanks Anand!
@bhawanabisht5437
@bhawanabisht5437 2 месяца назад
Very informative vedio
@sweetygeorge3214
@sweetygeorge3214 2 месяца назад
Helpful video…👍
@JoshuaBalata
@JoshuaBalata 2 месяца назад
Glad it helped!
@cathy285
@cathy285 2 месяца назад
Thanks for info
@JoshuaBalata
@JoshuaBalata 2 месяца назад
Ofcourse!
@biologywithsharan
@biologywithsharan 2 месяца назад
The iPhone thing is primarily due to economies of scale. The U.S. is a larger market for iPhones => they ship in more volume => cheaper rates, so it ends up costing less per iPhone.
@yashvantbhadoriya8763
@yashvantbhadoriya8763 2 месяца назад
Merci à vous
@JoshuaBalata
@JoshuaBalata 2 месяца назад
De rien :)
@Sunisha_B
@Sunisha_B 2 месяца назад
Merci beaucoup
@JoshuaBalata
@JoshuaBalata 2 месяца назад
De rien :)
@utv1503
@utv1503 2 месяца назад
Nice video, bhai.. me de vinci me aa raha hu bro MBA karne ke liye.. how is emlv??
@andriapinto8655
@andriapinto8655 8 дней назад
Hey, could you make a video on finding part time and internships in France please?
@akshataudichya7126
@akshataudichya7126 2 месяца назад
Bhai I have done btech in CSE and want to go for mim international business from EDHEC or ESSEC business school, so is IELTS enough for admission or should I go for GMAT????????
@devendrakadam4033
@devendrakadam4033 2 месяца назад
Informative video as always @JoshuaBalata . Quick question is the APS for 1 year or 2 for Indians?
@JoshuaBalata
@JoshuaBalata 2 месяца назад
I don't know exactly, but I think it's for 1 year. Check out the service publique website.
@pavanpatel3175
@pavanpatel3175 2 месяца назад
Nice info but please provide earning of students with hour n cash also bcz there r lesser info on RU-vid pn France
@meetimian3383
@meetimian3383 2 месяца назад
Maybe you're in top 1% of France and that's why it works in your favors. Health/social Security is pretty good in most of the European countries so France isn't an exception. Career wise is an average option especially when you compare it with the likes of Germany, Switzerland, Sweden and even Finland. The progress especially for IT with regards to these countries is minimal. There are only big companies and not many small and medium scale unlike Germany where you have all types of companies. This makes it very difficult for internationals to find a job and even internship. To add more the language barrier is so so high that one can't even escape it and also French is quite tough. There's nothing like Paris however France is pretty average. One have so many options in Europe way better than this mess
@JoshuaBalata
@JoshuaBalata 2 месяца назад
I do have the privilege of having done my masters here and the system rewards that. Other European countries are great too, surely. Some are better at some aspects. France was quite a satisfactory choice for me on a personal level, given the affinity for the language. The other aspects of France I mention in this video are helpful too.
@akanksharathore5240
@akanksharathore5240 2 месяца назад
hi Joshua i want to know how much part time job pays in cities like Paris per hr?
@JoshuaBalata
@JoshuaBalata 2 месяца назад
Currently the minimum wages per hour is €11.65 or €1,766.92 gross per month
@JoshuaBalata
@JoshuaBalata 2 месяца назад
There's also the SMIC and the SMIC partiel. You make lesser per month when it's part time ofcourse
@indo_cad8877
@indo_cad8877 2 месяца назад
@je_flane
@je_flane 2 месяца назад
US paid holidays are not really 0. In Tech companies normally folks take AT LEAST 2 weeks, apart from the regular holidays
@JoshuaBalata
@JoshuaBalata 2 месяца назад
Oh for sure, you're right. In the graph I showed, the OECD makes a distinction between the statutory minimum in the country and public holidays. While public holidays are mandatory (10 in USA according to the report), the former is not. This is not the case in France.
@rohanrajput1753
@rohanrajput1753 Месяц назад
Hey joshua i have taken loan from india for study abroad 50k euro for 10 year of tenure will get tax benefits in france while earning in france
@user-xu5pd4vb5n
@user-xu5pd4vb5n 2 месяца назад
tell me where i can get best education loan India or france And bank name
@JoshuaBalata
@JoshuaBalata 2 месяца назад
I wouldn't know which is the best, I didn't compare them, sorry! Good luck!
@VikramadityaGaikwad
@VikramadityaGaikwad Месяц назад
i heard french gov has stopped paying CAF. is it true?
@JoshuaBalata
@JoshuaBalata Месяц назад
Nope
@Bambotb
@Bambotb 2 месяца назад
How did you find a job without French language
@JoshuaBalata
@JoshuaBalata 2 месяца назад
How are you sure I didn't speak French when I was looking for a job ?
@Bambotb
@Bambotb 2 месяца назад
@@JoshuaBalata you came for a masters in english french is difficult indians dont learn it at home, anyways france is a sinking ship i am surprised you found a job in the first llace
@Tenela_Talks
@Tenela_Talks День назад
Hi bro, my name is Rajesh iam planning to do masters in digital marketing in 2025 jan intake in France 🤔 how is the scope and job opportunities in digital marketing field. I have 1 year of experience as SEO analyst but i don't have digital marketing baground in my bachelor's 😌 am i eligible to do masters???
@swarajyadavssrikanth1574
@swarajyadavssrikanth1574 2 месяца назад
Bro please make videos on visa acceptes
@JoshuaBalata
@JoshuaBalata 2 месяца назад
The work permit situation in France
@marcnadesan7986
@marcnadesan7986 2 месяца назад
Which part of India you are coming from?
@JoshuaBalata
@JoshuaBalata 2 месяца назад
Hubli + Belgaum in Karnataka. I was born in Hubli and raised in Belgaum
@yogaji1247
@yogaji1247 2 месяца назад
Bro you missed the 'family & friends' factor..
@JoshuaBalata
@JoshuaBalata 2 месяца назад
Meaning?
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