French investors warned to stay savvy
A property expert has warned that investors hoping to buy a home abroad must take taxes into account when working out how much profit they will make on their home.
In the most part, those who decide to invest in French property look set to do well, as the country’s stunning countryside, culture and cuisine never fail to attract visitors from across the globe.
Buy to let landlords would therefore do well to consider buying property there which could be used as a holiday home and rented out for the rest of the year.
Foreign investors ‘must consider tax implications’
However, David Austin, …
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Stumble it!Savvy investors who have realised the potential of buying property in France would do well to get up to speed on the taxation laws of the country.Already, the UK and France have a double agreement which means tax is paid in one country or the other - but not in.....click title for details
You may have found that perfect home in France but there are a number of extra costs which may catch the less savvy investors by surprise.These can vary according to the type of property and the region you're buying in but it is important to make space for them within.....click title for details
