One efficient and sometimes little known way of owning real estate in France is through a company named a “Société Civile Immobilière” (SCI). What may be the advantages of purchasing a property...
The donation-partage is an original institution of French law. It is a deed by which a person gifts and distributes his assets between his children during his lifetime. The person therefore sets the contents of the share, which will go to each of the children.
A popular tool to convey a French property to one’s children is to gift them the bare title to it (nue-propriete) while retaining the right to occupy it and receive income from it. This can be done tax free up to the amount of the children's allowance of 156,000 euros...
The tax system is not as complicated as it may at first appear