What is a CDI? What is a CDD in France?

When you want to buy French real estate and borrow money from the bank to do so typically the French bank will want to make sure you have a work contract called a CDI.

What is a CDI? 

CDI is the acronym for ‘contrat à durée indéterminée’ which means a permanent contract with a company where you have no determined end date to your contract. This typically means you work is much more secure than a CDD.

What is a CDD?

CDD is the acronym for ‘contrat à durée déterminée’ which means a fixed term, often short term contract. French banks typically will not loan money to people with a CDD employment contract for fear the person will become unemployed and be unable to pay the mortgage.

If you would like to find out how you more about what you need to get a mortgage to buy a property in France we can put you in touch with an English speaking French mortgage broker. Just contact us here.