Investors could benefit from new French president

It’s hard to ignore France’s current political situation with a new president set to bring about many changes.

But UK investors considering purchasing buy to let properties or holiday homes in France are no doubt wanting to know how it will effect them.

President Nicolas Sarkozy is set to focus hard on the nation’s economy over the next few months alongside his soon to be appointed prime minister.


Sarkozy could bring changes for investors


A boost in the economy is always likely to be a good thing for investors as it is can lead to an increase in tourism and a more stable property market.

It could also be good news for those who are hoping to start a new life in France and set up a small business or hotel.


Setting up a business in France


Speaking to business website iafrica.com, Paris based journalist Elaine Cobbe has said that she believes change is necessary with regards to France’s finances.

She says that at present, taxes and costs are leaving many small entrepreneurs feeling that there is no point in setting up a company in France.

"I think the whole area needs to be looked at and I think at this point that …

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