Saturday, August 11, 2007

Property in France: How to buy a house

If the property is to be leased, are you looking for a sound capital investment? Even if you're not domiciled in France, you may be subject to French income tax on letting income and, on the positive side, if your domicile fiscal is in France, your investment may qualify for tax relief. (If your annual rental income exceeds €23,000 euros, or more than 50 per cent of your total income, you will be considered a professional landlord.) Are you buying for business purposes? Your aims will directly affect your purchase, renovation and maintenance budgets.

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France Real Estate for Sale