Starting from January 1 to June 30, 2023, all owners of residential real estate (whether individuals or companies) in France are required to declare the occupancy status of their properties on the “Manage my real estate” page of the impots.gouv.fr website. This is a new reporting obligation mandated by the Finance Act. The declaration must […]

The French Ministry of Economy and Finance, also known as Bercy, is concerned about the declining rate of real estate loans being granted to French citizens. To address this issue, they are evaluating ways to ease the rules governing access to credit, specifically the standards aimed at protecting against over-indebtedness. Since January 1, 2022, French […]

Since 2019, all companies in France with more than 250 employees and, since 2020, all companies with more than 50 employees must calculate and publish their Professional Gender Equality Index (overall score out of 100), each year on March 1.   Created by the law of September 5, 2018 for the freedom to choose one’s […]

Energy efficiency document now required for all Paris apartment purchases. With new rules taking effect April 1st of this year, fixing Paris apartment energy ratings is a hot topic on the minds of owners, buyers, and renters. From improving residential insulation to new ventilation and heating systems, it’s the latest step in making Paris a […]

The French face many new obstacles to becoming owners in 2023, lending restrictions, rising interest rates, inflation, the climate crisis and fuel crisis. The real estate market could easily continue its decline, given the number of clouds that are gathering over it, even as the attraction to the the safe haven of owning historic buildings […]

The common difficulty of renting an apartment in Paris is getting even harder and the future seems to hold even more restrictions, limiting the supply even more.    According to a study by PAP (De Particulier à Particulier), there have never been so few properties available to rent from the start of the 2022 school […]

When you sell a property, whether it is a house, an apartment or land, you realize, most often, what is called a real estate capital gain. This capital gain may be exempt from tax (main residence) or taxed at 36.2% (sale of a secondary residence held for less than thirty years).   Capital gains on […]

The article adopted last month by the Assembly National, with 154 votes to 50, aims to speed up legal proceedings in rental disputes by systematically including in lease contracts a “automatic termination clause”. The measure allows a landlord to unilaterally terminate the lease of a tenant in the event of unpaid rent, without initiating legal […]

Seven years after Kerstin Bachmann rebranded Pernelle Real Estate and launched 56Paris with funds, clients, and intellectual property generated by Paris Property Group founder Miranda Junowicz-Bothe and her company, a federal appeals court in Paris ordered 56Paris to return the ill-gotten funds and assessed punitive damages for its “brutal” breach of contract. In the course […]

When selling a home in France, people who have expatriated or who are thinking of settling abroad are most often exempt from capital gains tax in 2022. In the event of taxation, the amount of social security contributions should be reduced. In 2022 , the taxation of real estate capital gains of non-residents remains reduced. […]