Buntina Posted May 15, 2004 Share Posted May 15, 2004 Anyone understand the tax implications of buying a 2nd property in France?Also what are the rules / taxes concerning selling property (is there some law about 5 years?)Mike------------------------------ http://www.splash-internet.com------------------------------ Link to comment Share on other sites More sharing options...
Iceni Posted May 15, 2004 Share Posted May 15, 2004 LAST EDITED ON 15-May-04 AT 08:26 PM (BST)TTBOMKAB there are no tax issues over buying.Johnhttp://www.iceni-it.co.uk Link to comment Share on other sites More sharing options...
Teamedup Posted May 15, 2004 Share Posted May 15, 2004 I would say that it would depend how you are buying these days. If you set up a company then you could end up being eligable for taxes in the UK. And selling, well, yes, there has been quite a lot on here about it as the CGT is quite hefty if you sell quickly..... I believe five years is considered a 'quickly'. Link to comment Share on other sites More sharing options...
Moorejw Posted May 16, 2004 Share Posted May 16, 2004 There are tax implications on selling a maison secondaire in France but these are different for residents and non-residents. The regulations changed on 1/1/2004. There is a full explanation onhttp://www.notaires.frincluding an English version!John and Angie Moore (17) Link to comment Share on other sites More sharing options...
Recommended Posts
Archived
This topic is now archived and is closed to further replies.