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Borrowing in France as a foreigner


Have you fallen under the spell of France? You have decided to settle down and enjoy our wonderful gastronomy? We understand! However, you may find it difficult to access a bank loan. Without further ado, we explain everything you need to know to get your loan!

1# Borrowing for EU nationals 👍

If you are from an EU country, you will have no problems getting a loan. All you need to do is attach a copy of your identity document or passport to your loan application.

2# Borrowing with a residence permit ✨

To borrow as a no EU national, you will not have to provide any more documents than a French person. You will need to prove that you are financially sound and that you have savings.

However, when you have a residence permit, banks may be a little more reluctant to lend you money. This is because it is not impossible that you want to leave the country in the long term. This is a risk that banks are not always willing to take. To get your loan, you will have to make a strong case. This is where the difference lies: you will have to prove that you are living in France and that you intend to stay there, at least until you have repaid your loan.

You will also need to take out insurance and a guarantee for your loan. These two organizations will have to study and validate your application independently of the bank. This means that, even if the bank has accepted your application, the insurance companies have the power to block your application or your guarantee. You will therefore have to justify that you intend to stay in France.

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3# Borrowing with a French person 🇫🇷🥖

In all cases, if you wish to borrow with a French person, you will have to justify that you will stay in France. If you are married, in a civil partnership, or have children with a French person, you will have less difficulty obtaining a loan because this is a very good argument to prove to the bank that you intend to stay in France for a long time.

4# The seniority of your professional residence permit: a criterion to take into account ✅

If you are residing in France for professional reasons, you must hold a residence permit bearing the word “work”. In this case, the bank’s acceptance of your application will depend on the number of years you have spent working in France: 

You have been working in France for more than 10 years: your nationality will not pose any problem for taking out a loan with the banks. You will be treated as a French person. 

You have been working in France for 5 to 10 years: your application will probably be accepted by the banks. 

On the other hand, if you have been working in France for less than 5 years, there is little chance that your application will be accepted by the banks. 

Other cases: 

You have a long-term resident card. Here, you will have no difficulty obtaining a loan. 

You have a talent passport. This is issued to foreigners with high professional potential. With this residence permit, you will not have any difficulty obtaining your loan either, as your status makes you more likely to stay in France in the long term.

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5# Prepare a solid file 📁 

Before submitting your application to the bank, you should prepare it carefully so that you have all the chances on your side. This advice is valid for everyone, but even more so for atypical profiles like yours. Here are the documents you need to bring with you when you apply for a loan:

  • Photocopy of your residence permit
  • Your last 6 bank statements
  • Your last 3 payslips
  • A tax notice

If you need help with your application, we advise you to be accompanied by a professional. You should know that Achylles offers a specialised financing service for foreign profiles. This is because banks are much more likely to trust a broker with whom they are used to working. This will increase your chances of obtaining financing!


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