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French Buyers' Info

  • France
  • Switzerland
  • Austria

Property Restrictions for Foreigners

Advantages of Buying a Newbuild Property

If I am liable to pay the French wealth tax what are the rates?

The tax is payable when the taxable household net real estate wealth exceeds €1.3 million.
Where the wealth is over this threshold, the rates below apply on each band.   

Wealth tax rates are progressive starting at 0.5% to a maximum of 1.5% of the equity.
 
 Fraction Taxable         Rate of Tax
 €0 - €800,000             0%
 €800,000 - €1,300,000    0.50%
 €1,300,000 - €2,570,000          0.70%
 €2,570,000 - €5,000,000     1%
 €5,000,000 - €10,000,000  1.25%
 €10,000,000+   1.50%

If the property is registered in several names (including your children over the age of 18) they each have a wealth tax allowance so that would increase the threshold.