Welcome to our comparison of taxation, retirement, and social rights for long-term immigrants in France and Japan. Let's examine these distinct systems.
Certainly, Mira. France, as an EU member, offers a comprehensive social security system. Legally residing and working immigrants are typically covered, a significant advantage. However, this is offset by higher taxes.
Correct. French residents contribute throughout their working lives, receiving a pension upon retirement. The retirement age generally falls between the early and mid-60s.
Now, let's consider Japan's system. Japan also boasts a robust social security system, with all residents required to enroll in either National Health Insurance or Employee's Health Insurance, depending on employment.
Japan's pension system is two-tiered, comprising the National Pension and Employees' Pension Insurance. Eligibility requires at least ten years of contributions.
Regarding taxation, France generally has higher income tax rates, particularly for higher earners. Japan's income tax rates are lower, but it also includes a consumption tax and residence tax.
Long-term immigrants must carefully consider each country's tax system, including consumption, residence, inheritance, and property taxes.
Beyond healthcare and retirement, social rights like family allowances and unemployment benefits are crucial. France is generally more generous; Japan has stricter eligibility criteria.
In summary, both France and Japan provide social security and various social rights, but their approaches differ significantly. France's comprehensive system involves higher taxes, while Japan's more traditional approach features lower taxes and more selective social benefits. Thorough research and consultation with local experts are vital for informed decision-making.