Are you au fait with the financial side of owning a French property?
Friday, August 05, 2011 | Posted by: Stuart Maggs
Categories:
Protecting your wealth
| Tags: tax,
tax planning,
property,
compliance,
liability,
inheritance,
Stuart Maggs,
rental,
real estate,
foreign property ownership,
foreign assets,
France,
SCI,
tax structures,
holiday home,
forced heirship,
French,
wealth tax
If an Englishman’s home is his castle, then his holiday home may well be a chateau in France. But a recent U-turn on taxing foreign property owners, strict inheritance rules and the challenge of complying with both French and UK tax laws can taint the dream. What are the issues and what can you do to minimise them?
