Brexit - Tax increase for English resident owning property in France

The start of 2021 will have been marked by the implementation of Brexit from January 1st : the United Kingdom has left the European Union, and new rules of the negotiated agreement entered into force.

In addition to the re-establishment of borders which imposes new obligations for travelers (including the comeback of the passport), administrative constraints for new expatriates (in particular concerning the work visa), the end of Erasmus exchanges, a reduction of strategic partners regarding the foreign policy, defense or development aid,
Brexit brings its share of consequences in terms of social security contributions in the event of rental or sale, as well as an additional administrative cost for real estate capital gains.

Our partner, Cabinet Ruff & Associés, a chartered accountant and audit firm that supports many real estate investors, provides you with a special file on the increase in taxation for English residents owning a property in France.

For more details, their International and Real Estate department remains at your disposal: www.ruffetassocies.com 

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