"It should come as a surprise to precisely no one that selling a property in France is a time-consuming and bureaucratic process. Here's exactly how the process works and the legal steps you need to complete."
"Estate planning is a generally complex topic, especially for foreign tax residents of France. French inheritance law has its own quirks: for example you cannot disinherit your children, and inheritance can be taxed at up to 60 percent."
"If you're a foreigner either living in France or with assets (such as property) in France, you're likely to come across discussion of the '5-year rule' or sometimes the '6 years in 10 rule'. These are often misunderstood, so here's a look at what they actually say and who they refer to."
Selling a property in France involves multiple legal steps and bureaucratic processes that can be time-consuming. Selling a second home has specific requirements and post-sale tasks that must be completed. Estate planning in France is particularly complex for foreign tax residents due to compulsory heirship rules and high potential inheritance tax rates, sometimes up to 60 percent. The '5-year rule' (or '6 years in 10 rule') often causes confusion and applies to foreigners living in France or owning French assets. New language-test requirements may or may not exempt retirees depending on circumstances. Winter tyre and snow-chain rules apply in certain areas from November 1.
Read at The Local France
Unable to calculate read time
Collection
[
|
...
]