Buying Property in France – A Practical Guide to the New IFI Tax
Contributor blog post by Sophia Mose:
Traditionally, France has not had a reputation as a tax-efficient country for wealthy residents. In particular, France’s wealth tax on world-wide net assets, the Impot de solidarité sur la fortune (ISF), made headlines for chasing away celebrities such as Gerard Depardieu.
French Parliament has now approved the transformation of the ISF into the Impot sur la fortune immobilière (IFI).
…Continue reading here for Sophia’s detailed article on this significant tax change that could result in and estimated 40% fewer households paying wealth tax. These tax adjustments affect non-resident owners and French nationals differently. In this Provence Search blog post, Sophie outlines the details for her clients and potential real estate buyers.
Short-term property rental: 10 Things to Consider Before Booking a Holiday Rental in Provence
Via:: Provence Search