steve Posted March 13, 2013 Share Posted March 13, 2013 hi, we have a house in ireland where we lived for 10 years,when it sells there is no irish tax to pay as it was my family home and sole residence .during that time we bought a holiday home in france and are thinking of moving there full time and starting as auto-entrepreneurs, if we register in france before the irish house sells would the french have a claim ,ie social tax, on our money? and yet if we register after it sells the money is all rightfully ours. has any one any experience on this maybe a uk house you sold .any help welcome Link to comment Share on other sites More sharing options...
Sprogster Posted March 13, 2013 Share Posted March 13, 2013 You are correct to be concerned and have identified a potential problem in that if you move to France before your house in Ireland is sold, any subsequent gain arising from the sale of your Irish house would be liable to tax and social charges in France, as it would not be classed as your primary residence. As the tax regime in France on second homes is now far less favourable, this could be a valid reason for delaying your move until your Irish home is sold, or keep it as a rented investment property, in case like many expats you do return eventually. Link to comment Share on other sites More sharing options...
Pickles Posted March 13, 2013 Share Posted March 13, 2013 IIRC, there is an exemption allowing for the sale of a principal residence to take up to a year (previously this has been extended up to 2 years) as long as it has not been rented out in the meantime. Given the state of the Irish market at present, you may be better off renting it out. Link to comment Share on other sites More sharing options...
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