I think it is unlikely that gear etc. will carry over in any meaningful way. Maybe you keep a materia or something, but carrying most everything creates a problem that MMORPGs like WoW have struggled with - when end game content becomes the next expansion's starting content, you end up at a point where stat growth has to become borderline logarithmic to retain that sense of progression. It would be ridiculous if, by the end of the third game, Cloud was level 193 with 325,000 HP and that Materia has Curaragajaxa available after collecting 1 million AP.
Gameplay and story segregation between installments is going to be inevitable. A la the Tomb Raider series.
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