Expert Insight, Breaking News, and Insider Stories on Real Estate in Paris
A new law enacted July 2011 significantly alters existing tax and trust rules in France. The new law affects the wealth tax, gifts and inheritances and trusts beginning in 2012, and in some cases is applied retroactively. Tax will now be imposed on all wealth in France over
Having the right information and choosing the right ownership structure can be key to maximizing the potential of your property investment.
These Australian clients (she’s a food writer and restaurant critic, he’s an engineer and businessman) were referred to us by another client. They wanted to find a 2-bedroom apartment in an eclectic, up and coming neighborhood that would have an authentic feel, away from the tourist zones.
Property owners who spend less than 184 days a year in France and do not pay income taxes in France are considered “non-resident.” Non-resident owners are expected to:
Prior to the signing of the final purchase agreement, the notaire will send the buyer a completion statement
Despite his threat to vigorously prosecute and end short-term rentals in Paris, to date Mayor Delanoë’s office has done little more than cause a scare. Capital magazine, a Paris-based monthly, interviews Jean-Marc Agnes, President of the Association of Professionals Holiday Rentals (APLM), to get the latest
This Australian client wanted to find a 2-bedroom pied à terre in a period building with good bones.
Agency fees are included in the advertised listing price for a property. Listing fees are ordinarily about 5%. The purchase can be structured
Property purchase in France requires the seller to provide to the buyer the results of 6 required diagnostic examinations of the property:
In France, no capital gains tax is paid on the sale of a primary residence. However for second homeowners big changes are looming.