Currently in England the exchange of contract happens shortly – if not immediately – after your offer has been accepted. In France, things happen differently: you are required to pay a deposit at an early stage of the process when you buy a French property. However, not all payments on account have
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Property – at home or abroad – is probably the largest investment most people will make in their lifetime.
So what can home-owners in France do to maximise their investment?
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Wealth tax, also known as the ‘’solidarity tax on fortunes’’ is paid at a rate of 0.6–1.8% on most assets worth more than €790,000, including property, jewellery, race horses, wine, boats and private jets (though not works of art)...
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You may be wondering how much you are allowed to borrow, what sort of repayment plan would suit you or even whether you can take out a French mortgage at all. ortgage affordability is calculated in two different ways...
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The recovery of prices and the high number of sales in the resale property market in France has every reason to continue into the beginning of next year, thanks to interest rates that should remain low, predict France’s notaries ...
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Further to several enquiries from property investors, we have decided to clarify the French income tax for people investing in France or who currently have a French income.
The total net income is subjected to several...
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Owners of property in France sometimes wish to make some extra cash by setting up a small business. Economic gloom in France has prompted the passing of a statute...
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Following some interesting questions we received in the past few weeks, we added a page on the website to clarify the notion of income tax in France. It is not that bad, especially if you invest in a property in France:
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