The cost of buying French property falls 25%

The property market in south west France is suddenly booming thanks to the perfect combination of favourable currency exchange rates, low house prices and very cheap mortgage rates. In particular, the strengthening of sterling against the euro means that French property is attracting huge interest from British buyers at all levels of . . . → Read More: The cost of buying French property falls 25%

Changes to French capital gains tax on second homes

Since January 2015 capital gains tax (CGT) on second homes in France has been reduced to 19% instead of 33.3% for all non European residents bringing it in line with the CGT for residents of European countries including French residents.

The way CGT is calculated in France is that the 19% ‘tax’ component decreases . . . → Read More: Changes to French capital gains tax on second homes