Moving to France Tax Considerations to Know About

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If you are moving to France to enjoy the French real estate experience first hand you will need to be aware of tax considerations.

For starters, you will need to know about your French residential status since French residents are liable to French income tax, social charges, capital gains tax, inheritance tax and maybe even wealth tax so it is an excellent idea to get informed.

We are not connected to Blevins Franks, however, we just received an email from them with details you can check out.

The link to their French tax considerations article is here.  (Make sure the information you obtain is up to date so note the date of the article)

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If you are looking for an English speaking French tax real estate lawyer please contact us here.

French Real Estate Market Analysis

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The French Real Estate Market has Changed.

In terms of activity, 2016 was a very active year.

According to the Notaries of France, “sales over a twelve month period rose progressively, reaching in the summer of 2016 levels as high as the previous market highs of 2006 and the start of 2012.”

There was an estimated 843,000 transactions made over the last twelve months, up 9% year on year

See the graphic and more details via this link.

If you need to locate an English speaking French real estate professional in your area of choice we can assist you at no charge. Contact us here.